Home grown Solar PV module manufacturer Waaree Energies has bagged a USD 105 million (about Rs 760 crore) order to supply solar panels in the US.
The company in a statement said that it has already supplied over 3 GW solar panels till date globally, and commissioned over 600 MW of solar EPC projects in India and South East Asia.
“Waaree Energies bags USD 105 million order for solar modules from a US based developer. It has received 300+ MW order to supply solar panels in California USA. The modules will be supplied for a project based in California which is likely to get commissioned in the second or third quarter of 2021,” said the domestic player.
Interestingly the firm did not reveal details of the US based developer.
“This order is in line with the government’s vision of Atmanirbhar Bharat, and shows the capabilities of Indian manufacturers to compete in the global market,” Waaree Energies Director Sales and Marketing Sunil Rathi.
He added “We have recently completed the supply of 50 MW solar modules for a fortune 500 company in the US, and are expecting more such developments in the US.”
“The company also plans to soon open a local office in California to strengthen its base in the country,” said Rathi.
It has India’s one of the largest solar PV module manufacturing capacity of 2 GW at its plants in Surat and Umbergaon in Gujarat.