Waaree Finishes 300 MW Production for United States Order

Jul 27, 2021 11:05 AM ET
  • The order demonstrates the need for as well as acceptance of India made modules in the US and also various other industrialized markets.
  • Waaree has some major development intends too.

Waaree Energies Ltd., the over Rs 2000 crore Mumbai-based solar production company has completed the production of 300+ MW solar modules for Aquamarine, a 250-MW solar photovoltaic project that belongs to the first stage of Westlands Solar Park (WSP) in California's San Joaquin Valley. WAAREE has actually offered 385, 390 Wp Mono PERC Solar PV modules for installment at WSP.

The solar modules supplied by WAAREE have actually undertaken quality screening at WAAREE's module production center, which houses IEC-CB-CTF laboratory for dependability screening as well as certification. WAAREE has already provided over 3-GW solar panels to day worldwide and commissioned solar EPC projects in India and also Southeast Asia. The company had actually completed 2020-21 with a revenue of Rs 57 crores, on a turn over of Rs 2021 crores.

Mr. Sunil Rathi, Supervisor Sales and also Marketing, WAAREE Energies Ltd., claimed, "This order is in line with the Government of India's vision of Atmanirbhar Bharat (making India an autonomous nation) and shows the capacities of Indian manufacturers to compete in the global market. This order for Westlands Solar Park has brought 105 million dollars of fx into our nation and also created good job opportunity. We plan to strengthen our base in the UNITED STATES by opening up a local office in California shortly. We happily make our products in India and also make it for the world."

Aquamarine becomes part of the first stage of the Westlands Solar Park (WSP) anticipated to begin power generation in late 2021. WSP is just one of the biggest permitted solar parks on the planet, with the capability of 2,700 MW of renewable power. The solar arrays are being installed on steel blog posts at an elevation of 8 to 10 feet above the ground with a maximum angle of tilt. WAAREE solar panels supplied for this project are constructed from dark non-reflective products to minimize sparkle as well as glow possibility.

WAAREE claims to have actually kept its position as a Tier-1 module supplier by Bloomberg New Power Finance for the last 25 quarters. With solar production capability of 2 GW, till just recently, the form was the biggest supplier in India, till being eclipsed by Vikram Solar.

Waaree has a provided entity, Waaree Renewable modern technology Limited, previously called Sangam Renewables, that does primarily EPC work also.


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