Waaree Energies to supply 445 MW Solar Modules to Statkraft India

Mumbai, 23rd May: Waaree Energies Limited, India’s largest manufacturer of solar PV modules with the largest aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report), is set to illuminate single-location solar projects in Bikaner, Rajasthan,

with a supply of 445 MW of its 540/545Wp dual glass bifacial modules. Scheduled for delivery between May and August 2024, this contract highlights Waaree Energies’ vision to contribute towards revolutionizing India’s renewable energy landscape, meeting its growing power demand, and to support the nation’s transition towards its net zero goals.

Mr. Hitesh Doshi, Chairman & Managing Director of Waaree Energies Limited, expressed his vision for this undertaking, stating, “This partnership with Statkraft India represents a pivotal step in our collective mission to contribute in India’s renewable energy transformation.

By harnessing the power of solar energy and leveraging our technology, we are not only illuminating households but also striving to contribute towards economic growth and generating employment opportunities in the region. This project shows our dedication to advancing domestic manufacturing, empowering communities, and aiding India to move towards a sustainable future.”

The deployment of Waaree’s bifacial solar modules is expected to amplify the region’s renewable energy capacity. Further, it is expected to contribute towards reducing carbon emissions and in promoting environmental sustainability. As India marches towards its renewable energy targets, we hope that such initiatives will play a role in realizing the nation’s vision of a greener future.