Waaree Energies Secures 200 MW Solar Module Supply Contract with ENGIE India

Waaree Energies Secures 200 MW Solar Module Supply Contract with ENGIE India.

Expert Analysis:

• Waaree Energies and ENGIE India have announced a strategic partnership to supply 200 MW of solar modules for a project in Gujarat.

• The project, known as GUVNL 2, is being developed by ENGIE India under a 25-year PPA with GUVNL, a state-owned power utility.

• The project is expected to start in November 2023 and finish by February 2024.

The project would produce an astounding 340 million units of electricity each year.