Technology & Products

India: Waaree opens 1 GW solar module plant, plans to manufacture batteries

Waaree Energies has set up a 1 GW solar PV panel plant in Vapi, which is in addition to its existing 500 MW plant in Surat, Gujarat. The company intends to further increase capacity to 2 GW. Among other key developments, it has partnered with third-party equipment suppliers to manufacture batteries.
Uma Gupta
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Uma Gupta
Waaree also has 200 MW of EPC projects in the pipeline. | Image: AES

Waaree Energies has opened a 1 GW facility in Vapi, Gujarat, which has tripled its solar PV module manufacturing capacity in India. It already has a 500 MW plant in Surat, Gujarat, and is currently producing more than 4 MW of solar panels every day. The plan is to increase capacity to 2 GW soon, reports LiveMint.

In another significant development, Waaree has partnered with third-party equipment suppliers to manufacture batteries. “We shall provide energy storage solutions for utility-scale (grid-connected) storage products globally as well as for retail solutions in lead-acid as well as lithium-ion batteries,” Sunil Rathi, director of sales and marketing at Waaree Energies, was quoted as saying.

Read the full article on pv magazine India.

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