Indosolar Limited, part of Waaree Energies Limited, has announced the opening of its latest solar module manufacturing plant in Noida. This new facility, with a production capacity of 1.30 GW, marks a major milestone in boosting local manufacturing capabilities. The plant is expected to create numerous job opportunities and contribute significantly to India's goal of achieving net-zero carbon emissions.
Hitesh Doshi, the Chairman and Managing Director of Indosolar, highlighted the company’s focus on innovation and environmental stewardship. "This facility underscores our dedication to pushing the boundaries of solar technology and fostering sustainability. By leveraging our cutting-edge manufacturing processes and the expertise of our skilled team, we aim to accelerate India's renewable energy initiatives while generating jobs for the community. This plant is designed to address the increasing demand for top-quality solar panels nationwide. We are committed to collaborating with our partners to promote the widespread adoption of solar energy, paving the way for a sustainable future," Doshi commented.
Waaree Energies Limited (WEL), founded in 1990, stands as India’s leading solar PV module manufacturer, boasting a total installed capacity of 12 GW as of June 30, 2023, according to a CRISIL Report. Since its start in 2007, WEL has concentrated on producing high-quality, cost-effective solar PV modules to provide sustainable energy solutions worldwide. The company's initiatives are aimed at reducing the carbon footprint and enhancing the quality of life. WEL operates four manufacturing facilities in India and has an international presence.