India’s Waaree eyes US push following 300MW California order

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Waaree has now supplied more than 3GW of solar modules globally. Image: Waaree.

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.

In a deal worth US$105 million, the modules will be supplied for an undisclosed project in California that already has a power purchase agreement in place and is expected to be commissioned in the second or third quarter of 2021.

Sunil Rathi, Waaree sales and marketing director, said the deal shows the capabilities of Indian solar manufacturers to compete globally. 

“We have recently completed the supply of 50MW modules for a Fortune 500 company in USA, and are expecting more such developments in USA,” he said, adding that the firm is planning to open a new office in California.

Waaree has now supplied more than 3GW of solar modules globally and commissioned more than 600MW of solar EPC projects in India and Southeast Asia.

Waaree’s bid to increase its presence internationally comes amidst ongoing uncertainty over the potential for new import tariffs in India to boost domestic solar manufacturing. The company’s chairman recently called on the Indian government to bring in a basic customs duty of at least 50% to protect domestic solar equipment manufacturers from imports, a far greater tariff than the ones currently in place.

Speaking in his capacity as chairman of trade body All India Solar Industries Association, Hitesh Doshi told PV Tech that producers in India need further production as there exists as a “significant” manufacturing cost difference between India and China.

That proposed 50% rate would be introduced on top of India’s 14.9% safeguard duty that has been extended for another year and is levied on all solar cells and modules imported from China, Thailand and Vietnam.

19 July 2022
Free webinar - Hear an updated and live talk that was first delivered by PV Tech's Head of Research, Dr Finlay Colville at the PV ModuleTech conference in Napa on 15 June 2022: - The PV industry has moved beyond its legacy supply/demand dynamics: why has this happened? - ASPs can’t go down globally in the near to mid-term: why is this the case? - Is there new capacity coming to the rescue? - Has China’s polysilicon industry become a new PV pricing cartel? - Making products & deploying domestically in a TW annual landscape: how can the U.S. really do this in practice? - The real PV technology roadmap: why do only 2% of producers matter today?

Read Next

July 6, 2022
US power distribution company Entergy Arkansas has issued a request for proposals (RfP) for 1GW of solar and wind resources.
July 6, 2022
US PV developer Birch Creek Development has increased its existing credit facility with debt financing provider Fundamental Renewables to US$250 million to pursue its 5GW solar pipeline in the US and support its module procurement strategy.
July 5, 2022
Module manufacturer Vikram Solar has appointed Ivan Saha as its new chief executive officer to lead the company’s strategic expansion plans.
July 5, 2022
Indian energy giant Tata Power has signed a Memorandum of Understanding (MoU) with the Indian state government of Tamil Nadu to invest roughly INR3,000 crores (US$380 million) in setting up a 4GW cell and 4GW module factory in the state.
July 4, 2022
The World Bank has approved US$165 million in additional financing to support 450MW of rooftop solar deployment in India and make distributed generation systems in the country more affordable.
PV Tech Premium
July 1, 2022
PV Tech Premium spoke with Cypress Creek Renewable Energy and AES Clean Energy to discuss the newly formed US Solar Buyer Consortium, its objectives, market challenges and the potential advantages it holds for US manufacturing and project development.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
July 19, 2022
Free Webinar - 10am and 6pm BST
Upcoming Webinars
July 27, 2022
9am (UTC +2) / 3pm (UTC +8)
Solar Media Events
October 4, 2022
New York, USA