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Waaree Energies unveils ambitious $1 billion investment to drive US solar production capacity to 5 GW by 2027

Waaree Energies, India’s foremost solar PV module manufacturer and a significant supplier to the U.S., has unveiled plans to construct a state-of-the-art integrated solar cell and module manufacturing facility in Brookshire, U.S. The facility is poised to boast a 5 GW capacity, with an initial output of 3 GW of solar modules annually projected by the close of 2024. A substantial investment of up to $1 billion over the ensuing four years is earmarked to escalate production capabilities to 5 GW by 2027, solidifying its status as one of the largest solar module manufacturing units in the U.S.

The newly announced facility, strategically located in the Houston area’s Brookshire town, is expected to generate over 1,500 jobs in the U.S. upon reaching full operational capacity. This marks Waaree’s maiden manufacturing foray in the U.S., underscoring its commitment to fostering a solar manufacturing ecosystem within the country. The company already commands a significant presence in the U.S. solar market, having supplied over 4 GW of modules from its existing Indian facility to U.S. clients.

Waaree’s expansion drive is bolstered by a robust long-term supply agreement with SB Energy, a prominent climate infrastructure and technology platform with a substantial solar portfolio. Under this agreement, Waaree will provide multi-gigawatts of solar modules to SB Energy over the next five years, post the facility’s anticipated commissioning in 2024.

Hitesh Doshi, Chairman, and Managing Director of Waaree, expressed pride in the company’s commitment to U.S. domestic solar manufacturing, highlighting the collaboration with SB Energy as a key enabler of a burgeoning solar manufacturing ecosystem in Texas. Abhijeet Sathe, co-CEO of SB Energy, lauded Waaree’s global standing and technology prowess, emphasizing the significance of supporting the expanding U.S. solar supply chain.

Waaree’s strategic move aligns with the Inflation Reduction Act, with a focus on sourcing most major components domestically. Sunil Rathi, Board member of Waaree Solar Americas Inc., emphasized the contribution to American solar production and job creation, further underscoring the company’s dedication to meeting the surging demand for clean energy in the U.S.


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