India-Based Waaree Energies Plans Brookshire, Texas, Solar Operations
12/28/2023
The company has leased a 546,000-square-foot facility which will have an annual capacity of 3 gigawatts, then expanding to 5 GW. Production is scheduled for late 2024. The project is being supported by a long-term supply agreement with SB Energy, a clean energy developer backed by Japan's Softbank Group.
“Most major components used in the manufacturing of these solar modules will be sourced domestically, enabled in part by the Inflation Reduction Act,” said Sunil Rathi, interim CEO and board member of Waaree Solar Americas. “By setting up the new facility in the Houston area, Waaree brings critical technologies that will boost American solar production, reducing reliance on overseas sources while supporting strong U.S. jobs. We are committed to the U.S. and its growing demand for clean energy.”
Waaree Energies Ltd. is a global leader in solar PV modules and solar energy solutions including EPC services, solar products & utilities, energy storage, and more. The company has delivered 6 GW of premium solar modules across 20 countries.
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