A leading provider of solar energy solutions and a globally-renowned manufacturer of solar PV modules, Mumbai-based Waaree Energies is one of the leading names in the renewable energy sector, employing over 2500 people across the world. Founded in 1989, Waaree Energies today owns the title of being the largest Module manufacturer in India with stateof-the-art module manufacturing facility of 2 GW. It is the only Indian company to be listed consecutively for 21 quarters in Bloomberg New Energy Finance’s Tier 1 Module Manufacturers ranking in terms of bankability.
Started in 2007, the rand is a diversified player in the solar space offering solar PV panels, EPC services for utility grid projects, solar rooftop solutions, solar water pumps, solar thermal, solar home lighting solutions, and is also an independent power producer. It had started as a module manufacturer and today has India’s largest solar PV module manufacturing capacity.
The company has already supplied near to 3 GW of solar panels till date globally and commissioned over 600 MW of solar EPC projects in India through 350+ franchisees, which is the largest sales and service network held by any Solar company. It is planning to further expand its footprint with 1000 franchises by the end of 2021.
It has already expanded its global footprint by commissioning a 49.5 MW ground-mounted solar project in Vietnam.
The spectacular growth of Waaree is powered by its large portfolio of photovoltaic (PV) modules, rooftop solution, EPC projects, energy storage solutions and various solar products. The firm boasts of being an individual power producer with over 150 MW of Solar power plant portfolio. Its avant-garde automated production facility offers mono and polycrystalline PV Modules ranging from 3Wp to 450Wp for various on-grid and off-grid applications in India and across the world. With a vertically integrated business approach and environment friendly solutions across the solar value chain, Waaree has delivered superior customer satisfaction to a wide clientele spread all over the world. It serves over 5000 customers globally and has already solarized over 10,000 homes in India.
AIMING FOR GREATNESS
Well-positioned to surge ahead in the global energy landscape with a talented workforce, extensive retail network and supportive Government policies, the Company’s vision to expand globally with cleaner and greener energy solutions will increase energy security, enhance sustainability and value for all. It aims to bridge the ever-growing demand supply gap of electricity, by making solar accessible to all and inch towards a viable indigenous ecosystem or the fir, its biggest assets are its employees who are continually motivated to contribute to its growth with an active and innovative approach. They are supported to share their thoughts and participate actively in decision-making processes and invest their time in not just following the orders but also contributing towards some path breaking initiatives.