Waaree Energies Ltd., the leading solar PV module manufacturer in India with an installed capacity of 12 GW as of June 30, 2023, is pleased to announce securing a major 900 MW module supply contract from Serentica Renewables India Private Limited. These modules are intended for a mega project at Fatehgarh in Rajasthan.
This project is anticipated to be among the largest solar power installations in India utilizing Waaree modules, representing a significant achievement for both companies. The delivery of the Top-Con bifacial modules is scheduled between August 2024 and February 2025. This agreement includes the supply of Waaree Elite Series N Type Topcon BiN-03-680 to 690 Wp GTG Bifacial modules.
Mr. Sunil Rathi, Director Sales at Waaree Energies Ltd., commented, “This partnership with Serentica Renewables highlights our dedication to excellence and innovation in renewable energy. This project embodies our commitment to advancing solar technology and supporting the nation’s shift to clean energy while creating job opportunities. Our elite series modules are designed to enhance the efficiency, durability, and performance of this project. Additionally, our company has been executing multiple projects in Rajasthan and Gujarat, further contributing to the clean energy transition in these states.”
Mr. Akshay Hiranandani, CEO of Serentica, remarked, “We are delighted to collaborate with Waaree Energies, a leader in the module manufacturing sector. Their emphasis on quality and reliability makes them an ideal partner for this initiative. We look forward to product innovation and execution in the coming months, thereby contributing to India’s energy sector.”
Waaree Energies Ltd. will manage the full manufacturing, testing, packing, and transportation of these solar PV modules, ensuring compliance with quality standards and timely project completion. This project is expected to boost the region’s renewable energy capacity, reduce carbon emissions, and promote environmental sustainability. As India progresses towards its renewable energy goals, initiatives of this magnitude are vital to achieving the nation’s vision of a greener future.
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