Waaree Solar Americas Gets 288 MWp Order from Sabanci Renewables For Texas

Waaree Energies’ arm, Waaree Solar Americas, has received a 288 MW solar module supply order from Sabanci Renewables, a utility-scale renewable project developer and energy storage project owner-operator in the United States (US). The company said in a regulatory filing that it would supply the modules during the financial year 2026–27.

Waaree Energies has now confirmed in a press release that this is the same order win intimated to stock exchanges on Friday, 5 December 2025. The order is distributed across two major utility-scale projects in Texas — the Pepper Solar Project in Waco and the Lucky 7 Solar Project in Brashear. Module deliveries for both sites are expected to begin in Q3 2026, marking a significant expansion of Waaree's footprint.

The latest order builds on the previous orders the company has secured from the US. Waaree Energies' Chief Executive Officer (CEO) and Director, Amit Paithankar, stated in an investor call that its US capacity, following the acquisition of Meyer assets, now stands at 2.6 GW, increasing the company’s total module capacity to 18.7 GW.

Next-Gen Technology for Extreme Climates

Waaree said this is the company's first 620 Wp bifacial solar module deployment featuring 3.2 mm high-resilience front glass designed specifically for severe weather and hail-prone geographies.

This win further strengthens Waaree's position in the North American solar market, supported by the company's scaled, backwards-integrated manufacturing base, advanced quality systems, and growing high-efficiency solar cell capabilities.

Key Technology Highlights

These modules are optimised for utility-scale performance with enhanced mechanical load strength and reduced degradation. The company aims to create a supply chain that uses a bill of materials supporting compliance and supply diversification in the US market. The modules are designed to outperform in the challenging climate profile of Texas — known for hail events, high temperatures, and unpredictable weather patterns.

Sunil Rathi, President, Waaree Solar Americas, said: "This order from Sabanci Renewables highlights deep confidence in Waaree's technology, reliability, and manufacturing scale. Our 3.2 mm high-strength hail-resistant modules are designed for the toughest climates, and this project demonstrates our capability to deliver advanced solar solutions engineered for extreme environments. As the U.S. accelerates its clean energy ambitions, Waaree stands ready to power the next generation of utility-scale growth."

Tolga Kaan Doğancıoğlu, CEO, Sabanci Climate Technologies, said: "We remain focused on creating long-term value in line with our 'Bridge to a Better Future' vision, while expanding our renewable energy investments in the United States. Through our investments in technologies resilient to extreme climate conditions, we prioritize building strong and sustainable infrastructure that is resilient against environmental risks. Partnering with Waaree for these landmark projects reflects our commitment to building a resilient, future-ready clean energy portfolio in the United States."

Navigating FEOC Conditions

During a previous investor call, Paithankar shed light on the Waaree Energiers' approach to navigating the FEOC Act. He said the company’s supply chain is being configured in a way that ensures complete alignment with prevailing laws and rules, including FEOC conditions, freeing its supply chain from these constraints. Paithankar added, “We have also configured it in such a way that the tariff problems associated with that are the lowest.”

To manage the company’s order book, Paithankar said the company uses a balanced mix, with a significant number of US orders fulfilled from India, while a reasonable share is catered to from the US.

On navigating tariff-related issues, he said the company is working to minimise tariff exposure because procuring cells from specific geographies helps limit tariff amounts. He further clarified that the onus to pay tariffs shifts based on negotiations between the company and customers. 

He further clarified the ways and means the company uses to manage and navigate the FEOC clause. Bringing some clarity on the company's approach to the problem, he said, “In many cases, there are change-of-law clauses; in many cases, it is a matter of negotiation. At the end of the day, we want to ensure we meet customer requirements while achieving our EBITDA targets. That is how we are approaching these commitments.”

On a question about navigating Indian non-DCR modules versus US modules, Chief Financial Officer of Waaree Energies, Sonal Shrivastava, said US modules are typically priced in the range of 28–30 cents, indicating a higher cost in the US compared to India.