Waaree Energies Ltd, India’s largest PV module manufacturer, announced this week that it has received a Letter of Intent (LOI) from Gujarat Industries Power Co. Ltd (GIPCL) to supply 400 MW of bifacial PV modules for a project in Gujarat. Under the contract, Waaree will supply solar PV modules incorporating advanced bifacial technology for the 2,375 MW RE Park near Khavda village in the Great Rann of Kutch.
Waaree Energies’ scope includes manufacturing, testing, packing, and transportation of 400 MWp of bifacial PV modules, accompanied by mandatory spares of 0.5% (2 MW).
“Each module, featuring ALMM category specifications and a capacity ranging from 540 Wp to 570 Wp, is expected to ensure optimal performance, durability, and efficiency,” stated Waaree Energies.
Waaree Energies had an aggregate installed capacity of 12 GW, as of June 30, 2023. The company operates four solar module manufacturing facilities in India, with international presence.
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