Waaree Energies to invest $1 bn to set up solar facility in Texas
Mint Mumbai|December 22, 2023
Mumbai-based Waaree Energies will invest up to $1 billion in setting up a solar module manufacturing plant in Texas, US.
Rituraj Baruah
Waaree Energies to invest $1 bn to set up solar facility in Texas

The facility, to be located in Brookshire, will have an initial capacity to manufacture 3 gigawatts (GW) of solar modules annually by the end of 2024. The company plans to expand the capacity to 5 GW by 2027, it said in a statement.

“Waaree plans to invest up to $ 1 billion over the next four years to scale its annual module manufacturing production up to 5 GW by 2027, making it one of the largest solar module manufacturing facilities in the US. Waaree will also add an integrated US-made solar cell facility that is expected to be operational by 2025," it said.

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