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  3. Waaree Energies secures 400 MW modules supply order in Gujarat

Waaree Energies secures 400 MW modules supply order in Gujarat

29 Apr 2024

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Key Takeaways

  • Dedication to Sector Fortification:

    • Collaboration underscores Waaree's dedication to fortifying India's renewable energy sector.

  • Efficiency Contribution:

    • The supply of efficient modules contributes to project optimization.

  • Support for National Goals:

    • The Partnership supports India's renewable energy goals and economic growth.

  • Crucial Role in Sustainable Energy:

    • Waaree plays a crucial role in driving sustainable energy adoption and supporting national energy security initiatives.

  • Dedication to Sector Fortification:

    • Collaboration underscores Waaree's dedication to fortifying India's renewable energy sector.

  • Efficiency Contribution:

    • The supply of efficient modules contributes to project optimization.

  • Support for National Goals:

    • The Partnership supports India's renewable energy goals and economic growth.

  • Crucial Role in Sustainable Energy:

    • Waaree plays a crucial role in driving sustainable energy adoption and supporting national energy security initiatives.

Waaree Energies

Waaree Energies

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Expert Analysis

Waaree Energies Secures 400 MW Solar Module Supply Deal with GIPCL.

Expert Analysis:

  • Securing the Order: Waaree Energies secures an order from Gujarat Industries Power Company for 400 MW solar modules.

  • Advanced Technology: Modules range from 540 Wp to 570 Wp(Watt Peak) and feature advanced bifacial technology.

  • Announcement of Letter of Intent: The company has disclosed receiving a Letter of Intent (LoI) from Gujarat Industries Power Company Limited (GIPCL) for a 400 MW module supply deal.

  • Comprehensive Supply: The contract entails comprehensive supply for a 2,375 MW RE (Renewable Energy) Park near the village Khavda, Great Rann of Kutch, Gujarat.

  • Commitment to Domestic Manufacturing: Highlights Waaree's commitment to domestic manufacturing, employment generation, and supporting national renewable energy targets while upholding excellence standards.

  • Significant Industry Position: Waaree's installed capacity of 12 GW positions it as a significant player in India's solar sector.

Publisher:money control