Waaree Energies announced that it had signed a $176 million agreement with a US-based independent power producer to supply 586 MW of solar modules.
According to a company statement, the modules will be manufactured at Waaree Solar Americas' facility located in Brookshire, Texas, and are expected to be delivered during the fiscal years 2026鈥�27 across four different projects.
Sunil Rathi, President of Waaree Solar Americas, stated that the agreement demonstrated Waaree鈥檚 strong commitment to establishing a resilient, robust, and technologically advanced clean energy supply chain in the United States.
Earlier in January, the Mumbai-headquartered company had announced the commencement of commercial production of solar modules at its US manufacturing facility.
Waaree Energies is recognized as India鈥檚 leading renewable energy company, with a global installed capacity of 15 GW for solar PV modules, which includes 1.3 GW from Indosolar and 1.6 GW in Texas, USA.
Additionally, the company operates a 1.4 GW cell manufacturing facility with plans for an expansion capacity of 5.4 GW.