Amit Paithankar, Whole-time Director and CEO of Waaree Energies, described the milestone as a significant step toward realizing India’s renewable energy ambitions. “Our drive for backward integration aligns with the nation’s goal of reducing dependence on imports and fostering a robust, self-reliant solar supply chain,” he said.

With headquarters in Mumbai, Waaree Energies operates solar PV module manufacturing facilities with a total installed capacity of 13.3 GW, including 1.3 GW from Indosolar. The company’s global footprint spans 25 countries, providing solar solutions such as panel manufacturing, EPC services, project development, and rooftop systems.

This development bolsters India’s strides in renewable energy while positioning Waaree Energies as a leader in sustainable technology.