Founded in 1999, Waaree Renewables Technologies Ltd specializes in generating power through renewable energy sources and offers related consultancy services. As one of India’s largest vertically integrated new energy companies, Waaree Energy stands out for its impressive solar panel manufacturing capabilities. With a massive production capacity of 12 gigawatts (GW) across its facilities in Chikhli, Surat, and Umbergaon in Gujarat, Waaree is a key player in advancing the country’s renewable energy infrastructure.
Waaree Energies, a leading Indian solar energy company, announced on Tuesday that it has secured a significant order for a 90-megawatt (MW) solar module supply. The order, placed by Juniper Green Energy Ltd., is for a large-scale solar project located in Bikaner, Rajasthan. This project highlights the increasing demand for solar energy solutions in India, particularly in regions like Rajasthan that benefit from abundant sunlight.
The project will involve the supply of advanced dual glass bifacial modules, a technology that allows for sunlight absorption from both sides of the module. This innovation not only boosts energy generation but also enhances the overall efficiency of the solar panels. Waaree Energies’ role in supplying these modules underscores its position as a key player in the renewable energy sector, providing cutting-edge technology for sustainable power projects.
The dual glass bifacial modules provided by Waaree Energies are central to the Bikaner project’s success. These modules are designed to absorb sunlight from both the front and back surfaces, making them particularly effective in high-albedo environments like Rajasthan, where the reflective surfaces can maximize energy capture. This design not only improves the power output but also ensures greater durability and longevity of the modules, making them a preferred choice for large-scale solar installations.
Conclusion: Waaree Energies’ 90-megawatt supply order from Juniper Green Energy Ltd. marks a milestone in the adoption of dual-glass bifacial modules in India. This order not only reinforces Waaree’s leadership in the renewable energy sector but also highlights the growing emphasis on technological advancements in solar energy projects. As the Bikaner project moves forward, it is expected to set a new standard for efficiency and sustainability in the region’s solar industry.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Aug 14, 2024, 12:32 PM IST
We're Live on WhatsApp! Join our channel for market insights & updates