Waaree Energies Wins Major Solar Module Supply Contract for 412 MWp Project

Waaree Energies Secures 412 MWp Solar Module Supply Contract in Rajasthan.

Expert Analysis:

• Strategic Contract Secured: Waaree Energies announced on Monday that it has secured a contract to supply bi-facial solar modules for a 412 MWp project in Rajasthan.

• Project Completion: This large-scale project is expected to be completed by March 2025.

• High Capacity Modules:  The modules absorb sunlight from both sides, with capacities ranging from 540-545 Wp each.

• Reinforced Market Leadership: Waaree Energies solidifies its industry position as one of India's top photovoltaic(PV) module manufacturers with the new Rajasthan agreement.

• Key Partnership: The solar module supply contract is for Acciona Energy's subsidiary Juna Renewable's project, although additional details about the order were not disclosed by the company.