Strategic Expansion to Meet U.S. Market Demand
Waaree Energies Ltd., a global leader in solar panel manufacturing, is poised to open its latest module manufacturing plant in Texas by the end of this year. The state-of-the-art facility, designed with an annual production capacity of 1 GW, aims to address the increasing demand for solar energy solutions in the United States. A company representative expressed enthusiasm about the nearing completion and commissioning of the plant, emphasizing its role in bolstering Waaree Energies’ market presence in North America.
Enhancing Local Production and Job Creation
The initiative to establish a manufacturing base in the U.S. aligns with Waaree Energies’ strategic plans to enhance supply chains and reduce reliance on imported materials. By localizing production, the company also aims to expedite exports across the Americas. This expansion is not only a testament to Waaree’s commitment to renewable energy but is also set to generate significant employment opportunities. Over the next two years, the Texas facility is expected to create more than 500 jobs, boosting local economies and building a skilled workforce in the region.
Three Decades of Pioneering Renewable Energy Solutions
Established in 1990, Waaree Energies has been at the forefront of the renewable energy sector in India, promoting sustainable energy solutions globally. Based in Mumbai, the company operates state-of-the-art manufacturing facilities with a substantial combined capacity of 13.3 GW. Waaree’s comprehensive services include panel manufacturing, EPC services, project development, and rooftop installations. With a robust global footprint spanning over 25 countries, Waaree continues to drive innovation in solar technology, advocating for a sustainable and energy-efficient future.
