Waaree Energies Ltd., the flagship company of the Waaree Group, was founded in 1989. It is India’s largest solar module manufacturer with a capacity of 12 GW, which is also the largest in the world outside China. With a legacy of over 33 years, Waaree Energies is a leader in providing one-stop solar solutions. Waaree has four state-of-the-art solar module manufacturing facilities and has a presence in 388+ locations nationally and 68 countries internationally. Waaree Energies Ltd. is leading in solar panel manufacturing and providing complete solar EPC solutions, having commissioned 1+ GW of solar EPC projects. It has a wide range of innovative products, including solar inverters, lithium-ion batteries for energy storage with a production capacity of 400MWh, solar thermal, and Solar & Industrial cables. The company also has a strong presence in providing solar rooftops and solar water pumping solutions.
WAAREE Energies Ltd. is a vertically integrated company with cell manufacturing. They have recently acquired Indo Solar and expanding their cell manufacturing to 5.4 GW.
Waaree is the only PV panel manufacturing company from India that has been rated Tier 1 consistently for the past 32 Quarters by BloombergNEF, making its products highly reliable and trustworthy. It is also the only company to have NABL accredited in-house reliability lab for 3 X IEC extended testing.
Driven by the vision to provide high-quality and cost-effective sustainable green energy solutions across all markets, we are passionate about delivering energy security, reducing carbon footprint, helping organizations achieve ESG goals, and saving energy costs for industries and household customers.
Waaree Energies Limited founded in 1989, with headquarters in Mumbai, India. Waaree has India's largest aggregate installed capacity of 12GW as of June 30, 2023 at its plants in Chikhli, Surat, Tumb and Nandigram in Gujarat and is a top player in the solar module export for Fiscal 2023. As of June 30, 2023, the total number of customers served by Waaree were 407 in India and 20 outside India The Company has supplied more than 6GW of solar modules and commissioned more than 1.1GW solar EPC projects.
Solar panels are devices that are used to convert sunlight into electricity. This is done by using photovoltaic cells, which generate electricity from light.
Waaree's PV modules are currently manufactured using multicrystalline, monocrystalline and TopCon technology.
Waaree Energies is India's largest solar panel manufacturer with an operational capacity of 12GW for solar PV modules like Mono PERC, Bifacial, BIPV, Flexible and Polycrystalline modules, as of June 30, 2023.
Waaree has developed a range of single and three phase inverters with focus on quality, reliability and efficiency.
The Solar Inverter helps to convert the direct current (DC) from the solar panels into alternating current (AC) which is used by domestic and commercial appliances. An inverter is one of the most significant components in the solar system.
Waaree has launched a large range of solar gadgets and portable solar kits with an integrated solar panel. Waaree's online store is a one-stop shop for all solar solutions like solar panel, solar inverter, lithium-ion battery, solar streetlight, solar mobile charger, solar bag etc.
With the rapid increase in the use of solar power systems, there is a dire need for well-managed operations & maintenance services to keep the performance of the solar plant at par with the expectations of the customer.
Operations & Maintenance
Waaree Renewable Technologies offer strategic and tactical O&M services which cover testing, cleaning, preventive maintenance, and corrective repairs to deliver optimal plant performance. We have a dedicated team working constantly to improve customer experience.
Roof Top
The highest incentive for installing rooftop solar panels for homes is the economic aspect. Solar energy has emerged as one of the most promising and widely accepted renewable energy sources today.
Floating Solar
Floating solar is also known as floating photovoltaics and floatovoltaics, which are solar arrays that float on water. Most floating solar installations are located in lakes or basins because the waters are generally calmer than the ocean. Company is a solar energy solution company that aims to develop innovative and smart technologies for a sustainable future. Floating Solar Solution obviates the need for large tracts of land by installing solar panels on lakes, ponds, reservoirs, lagoons etc. which are available in abundance in most of places in country. Floating Solar PV Systems allows PV panels to be installed on unused areas of water, converting unutilised areas into profitable generators of renewable energy.
Ground Mounted
Solar Panels can also be ground mounted within the property which offers adequate space and good sun exposure resulting in better performance.
SOLAR FARMS SOLUTIONS (UTILITY SCALE)
Waaree's EPC arm also forays into private solar farm (Utility Scale) solutions across India under both CAPEX and OPEX models. Under the CAPEX model, there is complete ownership of the solar park and in the OPEX model, there is a scope of minimum investment wherein a Power Purchase Agreement (PPA) is signed between the customer and Renewable Energy Service Company (RESCO).
WAAREE ENERGIES LIMITED
(ISIN: INE377N01017)
Best Solar Company in India - 2 GW India's largest #solar #module manufacturing facility.
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