Waaree Energies has announced a significant contract win from Serentica Renewables India to supply 900 megawatts (MW) of solar modules for an upcoming project in Rajasthan. The delivery timeline for these top-con series bifacial modules is set between August 2024 and February 2025, according to a statement from Waaree Energies Ltd.

Under the terms of the contract, Waaree Energies will handle the entire process, including manufacturing, testing, packaging, and transportation of the solar photovoltaic (PV) modules. The company emphasized its commitment to maintaining high-quality standards and ensuring the project is executed on schedule.

This strategic partnership is expected to drive product innovation and efficiency, contributing significantly to India's renewable energy landscape. Waaree Energies, a well-established player in the solar manufacturing sector, is known for its robust production capabilities and adherence to international quality standards. This project will further solidify Waaree's position as a key supplier in the renewable energy market.

Although the financial specifics of the deal were not disclosed, Akshay Hiranandani, CEO of Serentica, expressed confidence in the partnership. He noted, "Collaborating with Waaree Energies, a leader in module manufacturing, we anticipate significant product innovation and efficient execution in the coming months, which will play a crucial role in enhancing India's energy infrastructure."

The Rajasthan project is part of Serentica Renewables' broader strategy to increase its renewable energy footprint across India. The company is investing heavily in solar and wind energy projects to meet the growing demand for clean energy and to support the government's ambitious renewable energy targets.

In addition to the technological advancements expected from this collaboration, the project aims to create numerous job opportunities in the region. From construction to ongoing maintenance, the initiative will require a skilled workforce, providing a boost to the local economy.

Waaree Energies' CEO, Hitesh Doshi, highlighted the importance of this project in Waaree's portfolio. "This contract marks a milestone for Waaree Energies, reinforcing our capability to deliver large-scale projects. Our state-of-the-art manufacturing facilities and experienced team are well-prepared to meet the demands of this significant order," he said.

As India continues to push towards its renewable energy goals, partnerships like that of Waaree Energies and Serentica Renewables are crucial. These collaborations not only advance technological progress but also demonstrate the potential for large-scale renewable energy projects to make a substantial impact on the nation's energy landscape.