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New Issue Monitor


(20 Oct 2024, 16:20)

Waaree Energies

Largest solar PV module manufacturer of India

Focusing on backward integration to reduce its dependence on imports as well as imports to tap increasing opportunities both in domestic and export markets

CM RATING 46 / 100
Reckoner

Waaree Energies, is the largest manufacturer of solar PV modules in India, in terms of installed capacity. It manufactures solar PV modules using multicrystalline cell technology, monocrystalline cell technology and emerging technologies such as Tunnel Oxide Passivated Contact (“TopCon”) which helps reduce energy loss and enhances overall efficiency.

The company manufactures and sells its PV modules under the “Waaree” brand. Its portfolio of solar energy products consists of the following PV modules: (i) multicrystalline modules; (ii) monocrystalline modules; and (iii) TopCon modules, comprising flexible modules, which includes bifacial modules (Mono PERC) (framed and unframed), and building integrated photo voltaic (BIPV) modules.

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