Waaree ships 850MW PERC modules to US, signs further 1.5GW TOPCon deal

Facebook
Twitter
LinkedIn
Reddit
Email
An OCI solar project in Texas, one of the largest US markets. Credit: OCI Solar Power

Indian solar manufacturer Waaree has shipped 850MW of modules to Spanish developer Acciona Energia for use at its solar sites in the US. The two companies have also signed a three-year supply agreement for 1.5GW of modules to be delivered from 2024-26.

The modules in question were monocrystalline passivated emitter and rear cell (PERC) modules and will be deployed at four US projects across the states of Texas, Illinois and Ohio. The largest is the 375 MW Red Tailed Hawk solar site in Texas, which is Acciona’s largest PV project to date. Waaree also supplied the 56MW Fort Bend project (Texas), 129MW High Point project (Illinois) and the 288MW Union project (Ohio).

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Under the three-year agreement starting next year, Waaree will supply 1.5GW of n-type tunnel oxide passivated contact (TOPCon) modules to Acciona. The PV manufacturing industry is in the process of a global shift towards n-type modules, predominantly TOPCon, due to their higher efficiency and other operational and manufacturing benefits.

Waaree said that it has supplied over 4GW of modules to the US so far in 2023.

Indian energy analyst JMK Research said earlier this month that Indian module exports to the US and Europe would rise to a peak in 2025, with almost US$1 billion worth of PV modules expected to be shipped to the US this year. The growth is in large part due to the US’ imposition of trade barriers on supply from Southeast Asia and China under the anti-dumping and countervailing duty (AD/CVD) and Uyghur Forced Labor Prevention Act (UFLPA) policies, which have caused module procurement issues in recent years.

From 2026, when the growing domestic manufacturing capacity in the US and Europe is expected to begin to bear fruit, JMK said that Indian shipments will drop.

Sunil Rathi, interim CEO & board member at Waaree Solar Americas, said: “At a time when the US solar sector has faced supply chain challenges, Waaree has showcased its ability to deliver reliable module supplies while demonstrating a commitment toward maintaining product quality standards.”

3.1GW of solar PV capacity was installed in the US between July-September 2023, over half of the total renewable energy capacity additions in Q3. In the last year Texas – home to two of Acciona’s projects – has been jostling with California at the top of the table for US state solar deployments. In 2022 the state added 2.5GW of solar PV capacity, almost a quarter of the total additions for the year.

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
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.
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.

Read Next

August 29, 2025
US grid interconnection agreements grew by 33% in 2024, reaching 75GW, with three-quarters signed for solar PV and battery energy storage system (BESS) projects, according to a new report from energy market analyst Wood Mackenzie.
Premium
August 29, 2025
PV Tech Premium hears from Renewable Properties and Silicon Ranch about the new 'start of construction' rules for US solar projects.
Premium
August 28, 2025
US solar companies could potentially pay “tens of billions” of dollars in retroactive duties on products imported from Southeast Asia between June 2022 and June 2024, following a decision from the US Court of International Trade (CIT).
August 28, 2025
Boviet Solar has completed exterior construction work on its 3GW PV cell manufacturing facility in Greenville, Pitt County, North Carolina. 
August 27, 2025
The governor of New Jersey, Phil Murphy, has signed a new legislation that seeks to build 3GW of new community solar by 2029.
August 27, 2025
Noria has started construction on a 50kW floating PV pilot project, which includes the first trackers on a floating solar project in the US.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines