Waaree Energies

Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26

The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […]

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Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023

The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […]

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January ALMM List- 14 New Manufacturers, 6 From Gujarat

The Ministry of New and Renewable Energy has released the latest AMM (Approved list of module manufacturers) for January 2023,and the list of manufacturers continues to grow. 14 new manufacturers make an entry in January, notably BHEL with a 214 MW approved capacity or its plant at Bengaluru. The only other notable entrants to the […]

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Gujarat Tableau At R Day Parade To Underline Its Leadership In Clean Energy

‘Clean-Green Energy Efficient Gujarat’ will be Gujarat’s theme for the Republic Day parade tableau to be held in New Delhi on January 26, an official release said earlier this week. The announcement in many ways underlines the vital role the state is going to play in India’s clean energy plans. Blessed with a long coastline […]

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Solar Leader Waaree Energies Drums Up Module Manufacturing Capacity to 12 GW

Leading solar panel manufacturer, Waaree Energies, which currently has an operational 9 GW module manufacturing facility, is looking to set up additional module manufacturing capacity. With this addition to its portfolio, the firm’s module manufacturing capacity will rise to 12 GW including for for  650 watt modules by March 2023. This will be the largest […]

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SECI Opens Up Bidding For Rs 19,500 Crore Solar PLI

It’s finally here. The Solar Energy Corporation of India (SECI) has invited bids for the much awaited Solar PLI (performance Linked Incentive) tender that is expected to give a huge boost to the solar sector in terms of manufacturing prowess and backward integration domestically. The tender, under tranche II of the PLI program has a last […]

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Delhi’s Boundless Environment Adopts Sustainable Energy Solutions

Delhi-based firm, Boundless Environment Resource Solutions has begun a 2 MW project in New Delhi. The Mono PERC solar panels with 445Wp capacity were supplied by leading solar panel manufacturer Waaree Energies while HDFC Bank provided non-recourse financing for the project. company is a leader in unique approaches to wastewater management and renewable energy. Boundless […]

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Gautam Freight Announces 4 MW Solar Plant in Bhavnagar, Gujarat

With an increasing focus on environmental, social, and governance (ESG) investing and the growing interest in the Indian green energy sector, India has declared its intentions to boost its non-fossil fuel power generation capacity to 500 GW by 2030 during the COP-26 session in Glasgow. Businesses are therefore turning to clean energy sources to meet […]

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Jammu Gets 1.5 MW Solar Power Plant From Vibgyor Energy

Solar Developer Vibgyor Energy which is focused on the C&I segment where it targets institutional, industrial, and commercial sectors has just completed installation of a plant in Jammu.     The 1.5 MW solar power plant by Vibgyor Energy has been installed at Jammu’s SIDCO industrial complex. Waaree Energies provided the project with high-performing 445 Wp […]

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