Waaree Energies is hopeful of US market and policy evolution and plans to backward integrate and enter solar cell manufacturing in coming years. (Photo source: X/@waareegroup)
Waaree Energies Ltd., which listed on the exchanges earlier this month, plans to commission India’s first US-based module manufacturing facility by December end or January next year.In the first phase, the company aims to commission 1.6 GW capacity and then take it to 3 GW by 2027. The long-term aim is to create a 5 GW capacity, a senior company official told NDTV Profit, on conditions of anonymity.The factory has been built with flo...