India-based Waaree Energies Ltd. has secured an order to supply up to 600 MW of solar PV modules to a leading renewable power project developer, the company announced. According to Waaree, the deliveries will commence in November 2024 and conclude by Q4 FY 2025-26. The company, a key player in India’s solar industry, boasts a total installed PV manufacturing capacity of 12 GW as of June 30, 2023. Its operations span five manufacturing units, including facilities in Surat, Tumb, Nandigram, Chikhli (all in Gujarat), and Noida, Uttar Pradesh, scaling its renewable energy adoption in India.
Waaree secures 600 MW solar module supply order
Waaree Energies prepares to commence solar module deliveries from November 2024, reinforcing its strategic supply chain efficiency. (Image Source: Waaree)
Ipsun Solar brings engineering prowess to the project, while Versiris Energy leads financing strategies. (Image Source: Ipsun Solar)
The initiative aligns with Bhutan’s 2040 vision to achieve 25,000 MW of energy capacity while expanding into solar and geothermal energy. (Image Source: Tata Power)
The partnership will target solar, wind, and other renewables across Belt and Road Initiative countries. (Image Credit/Source: Kindel Media/ Pexels)
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: NextPower UK)