Waaree Energies Secures 398 MWp Of Solar Module Orders

Waaree Energies Secures 398 MWp Of Solar Module Orders

Indian solar module manufacturer Waaree Energies today announced receiving orders for two significant clean energy projects. The company will now supply 398 MWp of solar modules for these two projects. While one order is for 249 MW of modules, another one is a 149 MW of orders. Without disclosing the identity of the client, the company said that these orders came from a renowned customer engaged in owning, developing, and operating renewable power projects in India.

The contracts include the supply of Waaree’s flagship high-efficiency Glass N-type Topcon modules, rated at 580/585Wp. The modules are scheduled to be supplied in the next financial year, 2025-26. “As the only solar panel manufacturer in India featured in the RETC PV Benchmarking Report 2024, Waaree’s modules exemplify quality, reliability, and performance. Recognized as a Tier 1 solar module manufacturer by Bloomberg New Energy Finance (BNEF), Waaree operates an NABL-accredited testing lab, ensuring the highest standards of excellence. These accolades reinforce the company’s commitment to powering renewable projects, enhancing energy reliability, and significantly reducing carbon emissions,” the firm said in a media statement.

“The confidence shown by clients highlights Waaree Energies’ commitment to solar PV module manufacturing. The execution of this project will increase India’s renewable energy capacity, leading to reductions in greenhouse gas emissions and supporting environmental sustainability,” it added.

About Waaree Energies Limited

Established in 1990, Waaree Energies Limited (WAAREE) is an Indian solar module manufacturing company. It is now into the production of mono-PERC and TOPCon-based solar modules. The company is not now also set to establish ita maiden solar cell manufacturing plant in Gujarat. It is also set to commission its integrated module, cell, ingot and wafer manufacturing unit in Odisha in the next few years. Currently, Waaree Energies has the highest module manufacturing capacity in India. It is now also extending its arms for starting a new offshore solar module manufacturing unit in the United States.

The Waaree Group meanwhile has diversified its portfolio in the clean energy space. While Waaree Energies is into the production of modules, its subsidiary Waaree Renewable Technnologies is the clean energy EPC arm of the firm. It also has a separate vertical-Waaree Tehnologies to look after its energy storage unit.