Waaree Energies limited to supply 445 MW solar modules to Statkraft India

Partnership with Statkraft India to boost renewable energy, create jobs and support India’s net zero goals.

Waaree Energies Ltd, India’s largest solar PV module manufacturer with an aggregate installed capacity of 12 gw as of June 30, 2023 (Source: Crisil Report), is set to power single-location solar projects in Bikaner, Rajasthan, by supplying 445 MW of its 540/545 Wp dual glass bifacial modules. Scheduled for delivery between May and August 2024, this contract underscores Waaree Energies’ commitment to revolutionise India’s renewable energy landscape, meeting its growing power demand and supporting the nation’s transition towards its net zero goals.

Hitesh Doshi, Chairman & Managing Director, Waaree Energies Ltd, expressed his vision for this undertaking, stating, “This partnership with Statkraft India represents a pivotal step in our collective mission to contribute India’s renewable energy transformation. By harnessing the power of solar energy and leveraging our technology, we are not only illuminating households but also striving to contribute towards economic growth and generating employment opportunities in the region. This project shows our dedication to advancing domestic manufacturing, empowering communities and aiding India to move towards a sustainable future.”

The deployment of Waaree’s bifacial solar modules is expected to amplify the region’s renewable energy capacity. Further, it is expected to contribute towards reducing carbon emissions and promoting environmental sustainability. 

“As India marches towards its renewable energy targets, we hope that such initiatives will play a cardinal role in realising the nation’s vision of a greener future,” remarked Doshi.