Waaree Renewable Technologies has secured a USD 71 million order through Letter of Award for EPC of a 412 MW solar project, enhancing its unexecuted order book to an impressive 1.161 GW. The client, described as a global leading utility in renewable energy, remains undisclosed, adding intrigue to Waaree’s achievement. The project is set to conclude by December 2024, contributing significantly to India’s 175 GW renewable energy target by 2022.
Waaree Renewable Technologies secures USD 71 Million PV project
Waaree lands major USD 71 million solar project, boosting order book and solidifying its position in the Indian market. (Image Credit: BlackRidgeResearch).
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)