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February 12, 2015

WAAREE Energies ramps up solar PV module manufacturing capacity to 500 MW in Gujarat…

 

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WAAREE Energies Ltd. has completed the installation of an additional 250 MW of solar photovoltaic (PV) module manufacturing capacity, bringing the company's total annual manufacturing capacity to 500 MW.

With this installation, WAAREE's manufacturing plant in Surat, Gujarat has become the largest single location solar PV module manufacturing facility in India.

Earlier, WAAREE Energies have managed to secure ~40% of module supply contract in the DCR (Domestic Content Requirement) category, under National Solar Mission Phase II tenders.

In order to meet the huge demand from Europe, UK, Japan & African countries, apart from the Indian markets, Company is already working to expand the production capacity to 1,000 MW which will be completed in the next four months.

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