Waaree Energies Lands 445-MW Solar Module Deal with Statkraft

• Waaree Energies secures major contract with Statkraft India for 445 MW of solar modules in Rajasthan, solidifying their presence in the Indian solar market.

Indian solar panel manufacturer Waaree Energies Ltd has won a contract to supply 445 MW of bifacial modules for Statkraft India's PV projects in Rajasthan. The modules will be delivered between May and August and installed at solar parks in Bikaner. Statkraft AS, a Norwegian state-owned power company, entered the Indian market in 2004 and currently owns 215 MW of power generation capacity in the country, mostly hydropower.

Statkraft's PV park in Tamil Nadu went online in 2022, and the company has three hydropower plants in Himachal Pradesh, with one under construction. The specific details of the projects in Rajasthan were not disclosed, but the deal marks a significant step for Waaree Energies in the Indian solar market.

What contract did Waaree Energies win for Statkraft India's PV projects in Rajasthan?

• Waaree Energies Ltd won a contract to supply 445 MW of bifacial modules for Statkraft India's PV projects in Rajasthan.
  
• The modules will be delivered between May and August and installed at solar parks in Bikaner.
  
• Statkraft AS, a Norwegian state-owned power company, entered the Indian market in 2004 and currently owns 215 MW of power generation capacity in the country, mostly hydropower.
• Statkraft's PV park in Tamil Nadu went online in 2022, and the company has three hydropower plants in Himachal Pradesh, with one under construction.
• The specific details of the projects in Rajasthan were not disclosed, but the deal marks a significant step for Waaree Energies in the Indian solar market.