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Indian solar firm to establish Texas unit
The Texas facility is expected to create over 1,500 jobs
Representative Image / X/@waareegroup
Waaree Energies, a prominent Indian manufacturer of solar PV modules and a major supplier to the US market, has announced the opening of its first manufacturing facility in the Houston area.
The facility based in Brookshire, Pennsylvania, is projected to achieve an annual production capacity of 3 GW of solar modules by the end of 2024. In addition, Waaree has plans to build an integrated plant for solar cells in the United States, which should be operational by 2025, a release stated.
"We are proud of this significant commitment by Waaree to U.S. domestic solar manufacturing. In partnership with a company of SB Energy's mission and stature, Waaree is fostering a solar manufacturing ecosystem in Texas, a state that has taken a leading position in clean energy manufacturing,” said Waaree chairman and managing director Hitesh Doshi.
“We are delighted to expand our U.S. supply chain with Waaree, a leading global supplier of solar modules. Through our long-term supply agreements, we are proud to support the growing U.S. solar supply chain and well-paying manufacturing jobs," said Abhijeet Sathe, co-CEO of SB Energy.
A known name in the US solar industry, the firm has so far supplied more than 4 GW of modules to customers in the United States from its Indian unit. Waaree's long-term supply arrangement with SB Energy supports its aggressive U.S. expansion. Over the next five years, SB Energy will receive multi-GWs of solar modules from Waaree as part of their partnership.
WAAREE Energies Ltd. (Waaree), the principal enterprise of the WAAREE Group, was founded in 1989. It is the largest solar module manufacturer in India and one of the largest vertically integrated providers of new energy solutions, boasting a capacity of 12 GW. WAAREE Energies is one of the leading providers of comprehensive solar solutions.
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