Exploring new markets to boost its revenues, Mumbai-based solar PV panel manufacturer and EPC contractor Waaree Energies has launched solar modules to support energy requirements of services like refrigeration in electric vehicles. These modules are indigenously designed to be portable, flexible, lighter, durable and more efficient, making them ideal for vehicles.
Sunil Rathi, Director, Waaree Energies said, “With customized solar modules, Waaree is aiming to cater to the electric vehicles that are expected to hit Indian streets in the coming years. With the flexibility and durability of these modules, we expect a great outcome. It will significantly reduce the frequency of charging the vehicles and contribute to reducing climate change. These modules are expected to increase efficiency by 10-25%.”
Built in their Surat plant, the modules are set to reduce costs of maintaining EVs. In addition to electric vehicles, these panels can be installed on commercial vehicles. They are expected to make “charging on the move” the new disruption in the automotive industry.
Waaree Energies claims to have the country’s largest solar PV module manufacturing capacity of 1.5 GW. In addition, it is one of the leading players in India in EPC services, project development, rooftop solutions, solar water pumps, and an independent power producer. The company has presence in over 250 locations nationally and 68 countries globally.