Waaree Solar Americas – a subsidiary of Indian solar manufacturer Waaree Energies – has signed a 586MW PV module supply agreement with North Carolina-based independent power producer (IPP) Pine Gate Renewables.

The modules, valued at US$176 million, will be manufactured at Waaree’s Brookshire, Texas facility, supporting four separate projects for the IPP. The deliveries are planned for fiscal year 2026-27.

Try Premium for just $1

Full premium access for the first month at only $1
Converts to an annual rate after 30 days unless cancelled
Cancel anytime during the trial period

Start $1 Trial

Premium Benefits

Expert industry analysis and interviews
Digital access to PV Tech Power journal
Exclusive event discounts

Or get the full Premium subscription right away

Get Premium Subscription

Or continue reading this article for free

Get Basic (FREE) Subscription

Additionally, the modules will incorporate several US-produced components to comply with Investment Tax Credit (ITC) standards.

Sunil Rathi, president of Waaree Solar Americas, stated that amid changing trade dynamics and a growing focus on domestic manufacturing, the company’s Brookshire facility is well-positioned to meet market demand with US-made modules.

Waaree announced its US expansion in late 2023 with plans to invest up to US$ 1 billion, aiming for 3GW of annual nameplate capacity by end-2024 and scaling to 5GW by 2027. More recently, the company announced plans to double the capacity of its Brookshire module assembly plant from 1.6GW to 3.2GW, to strengthen the domestic supply chain.

In India, the firm commissioned a 5.4GW cell manufacturing facility in Chikli, Gujarat. The plant was developed in two phases, with 1.4GW of mono-passivated emitter rear contact (PERC) capacity commissioned in January 2025 and the remaining 4GW dedicated to tunnel oxide passivated contact (TOPCon) technology.

Beyond its operations in India and the US, the company established an Australian subsidiary in December 2024. While specifics were not disclosed, Waree confirmed that its subsidiary Waaree Renewable Energies Australia Pty Limited will concentrate exclusively on renewable energy within the Australian market.

This article was amended on 06 June 2025 to include the name of the IPP Waaree will supply its modules to.

UPCOMING EVENT

Solar & Storage Finance USA 2025

21 October 2025

New York, USA

Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.

UPCOMING EVENT

PV ModuleTech USA 2026

16 June 2026

Napa, USA

PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.