Indian solar manufacturer Waaree will expand its ingot, wafer, cell and module production capacity by 6GW following a second round equity funding raise of around INR10 billion (US$121 million).
Indian module manufacturer Waaree Energies has struck a multi-year supply agreement with CubicPV, a merger between US-based wafer producer 1366 Technologies and Hunt Perovskite Technologies (HPT), under which Waaree will receive 1GW of silicon cells per year from CubicPV’s Indian factory.
Three Indian manufacturers are said to be eyeing up investments in their solar manufacturing capacity as efforts to take advantage of protective measures and financial supports ramp up.
Indian PV manufacturer Waaree Energies is eyeing a major push in the US market after receiving an order for more than 300MW of mono PERC modules in the country.
India's largest solar panel manufacturer, Waaree Energies said it was closing in on achieving cumulative solar module shipments of 2.5GW as its recent capacity expansions took nameplate production to 1.5GW.
During the recent PV IndiaTech 2019 event in Delhi, India during 24-25 April 2019, one of the most interesting presentations was from Waaree Energies. This talk included details on the company’s Merlin based module technologies.
Ahead of PV Tech launching its new PV IndiaTech conference, on 24-25 April 2019, in Delhi, I review in this blog what the event is all about, and why the timing of the event has turned out to be perfect as India debates how to create a sustainable manufacturing segment that supplies quality modules to its downstream segments.
