The company was assigned solar power ‘SP1A ranking’ by rating agency Icra. In SP1A, 1 denotes the highest level of technology and A indicates the robust financial health of the company
Waaree Energies, one of India’s largest solar module manufacturer, has supplied 335 Wp Poly Solar modules for a project developed by Velan Electrical. The size of the project is 2.81 MW and it is located at Vembur, Thoothukudi district, Tamil Nadu.
Waaree noted it has supplied 2.81 MW of solar modules for this prestigious project. The project was Commissioned in June 2021.
“With more than 140 tests performed at various stages of manufacturing, Waaree maintains its quality above global standards. Waaree is perceived by customers as the premium module supplier & has already supplied near to 3.5 GW of solar panels till date globally, and commissioned over 600 MW of solar EPC projects in India,” read a official statement released by Waaree.
The company currently has India’s largest solar sales and service network, with over 375 franchisees globally. Waaree solar modules are exported in more than 68 countries including USA, UK, Europe, Italy and Africa.
Waaree Energies is planning to further expand its footprint with 1000 franchises by the end of 2021. Waaree aims to bridge the ever growing demand – supply gap of electricity, by making solar accessible to all and inch towards a viable indigenous ecosystem. The company has India’s largest solar PV module manufacturing capacity of 2 GW at its plants in Surat and Umbergaon in Gujarat.
The company was assigned solar power ‘SP1A ranking’ by rating agency Icra. In SP1A, 1 denotes the highest level of technology and A indicates the robust financial health of the company, it added in a statement.