Waaree bags USD 176 mn solar module supply order in US
Waaree Energies has secured a USD 176 million deal to supply 586 MW of solar modules to a US-based independent power producer. These modules will be manufactured at Waaree Solar Americas' Texas facility and delivered in FY 2026-27 for four project...
The modules will be manufactured at Waaree Solar Americas' facility in Brookshire, Texas, and are scheduled for delivery during FY 2026-27 across four projects, a company statement said.
"This agreement reflects Waaree's unwavering commitment to building a resilient, robust, and technologically advanced clean energy supply chain in the US," said Sunil Rathi, President, Waaree Solar Americas.
In January, Mumbai-headquartered Waaree Energies announced starting commercial production of solar modules at its manufacturing facility in the US.
Waaree Energies is India's leading renewable energy company having an installed capacity of 15 GW for solar PV modules globally (including 1.3 GW of Indosolar and 1.6 GW in Texas, USA).
The company also has 1.4 GW of cell manufacturing facility with an expansion capacity of 5.4 GW.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.