Waaree Solar Americas, a US subsidiary of India’s solar photovoltaic (PV) module manufacturer Waaree Energies, has signed a solar module supply agreement with a US-based independent power producer (IPP).
The $176m deal bolsters Waaree’s presence in the US solar market.
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The 586MW modules will be manufactured at Waaree’s manufacturing facility in Brookshire, Texas.
Deliveries are scheduled for the financial years 2026 and 2027 and will be distributed across four projects.
The production will incorporate domestically sourced components, adhering to the investment tax credit (ITC) guidelines, which emphasise domestic content requirements.
Waaree Solar Americas president Sunil Rathi stated: “This agreement reflects Waaree’s unwavering commitment to building a resilient, robust and technologically advanced clean energy supply chain in the United States.
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By GlobalData“In a landscape marked by shifting trade dynamics and an increasing emphasis on domestic manufacturing, our Brookshire facility stands uniquely equipped to meet market demand with high-quality, US-made modules. This milestone not only underscores global confidence in Waaree’s quality and reliability but also bolsters America’s energy transition, enhances job creation and strengthens long-term energy security.”
The agreement will facilitate enhancing the US clean energy supply chain’s resilience and reliability, particularly in light of changing trade and energy policies.
Waaree’s strategic approach positions it as a dependable global PV module manufacturer with a resilient supply chain designed to mitigate trade risks and maintain supply continuity.
As US energy demand escalates, driven by developments in AI infrastructure and industrial expansion, Waaree aims to continue its focus on delivering scaleable, clean energy solutions.
Rathi added: “Our collaboration reflects a mutual commitment to advancing America’s energy security objectives through a resilient domestic supply chain, supported by Waaree’s extensive manufacturing expertise developed over decades in India. We are proud to contribute to our partner’s ambitious project pipeline with our high-performance solar modules.”
In January 2025, Waaree Energies signed a share purchase agreement with Enel Green Power Development to acquire 100% of the share capital of Enel Green Power India.
