Waaree Energies, a frontrunner in India’s solar PV module manufacturing, has secured a significant order of 220MW solar photovoltaic (PV) modules from Sprng Energy, a prominent renewable energy player. This deal strengthens Waaree’s position in the booming solar energy sector and furthers India’s clean energy ambitions.
The Deal in Detail
The agreement involves supplying Waaree’s high-efficiency AHNAY Series, Bi-55 545Wp modules for Sprng Energy’s upcoming project in Gujarat. These advanced modules boast superior power generation capabilities, contributing to the project’s overall efficiency.
Mutual Benefit
Hitesh Chimanlal Doshi, Chairman & Managing Director of Waaree Group, expressed his enthusiasm about the collaboration. He highlighted Waaree’s commitment to expanding renewable energy penetration in India and their alignment with national sustainability goals. Supplying these advanced solar modules positions Waaree as a key contributor to Sprng Energy’s project success.
Aligning with Growth
This substantial order of 220MW reflects the burgeoning demand for solar power solutions in India. Waaree Energies, with a manufacturing capacity of 12 GW (as of June 30, 2023), is well-equipped to cater to this growing need. The deal is a testament to Waaree’s reputation for quality and technological innovation in the solar PV module industry.
Looking Ahead
The collaboration between Waaree Energies and Sprng Energy paves the way for a significant solar power project in Gujarat. This project, along with many others fueled by Waaree’s solar modules, will contribute significantly to India’s clean energy future.
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