Indosolar starts production at 1.3 GW solar module facility

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Indosolar Ltd, a subsidiary of Waaree Energies, has announced the inauguration of its solar module manufacturing facility in Noida, India. With an annual production capacity of 1.30 GW, this factory implements sustainable practices and utilizes energy-efficient processes.

Hitesh Doshi, chairman and managing director at Indosolar, said, “This new factory epitomizes our commitment to advancing solar technology and promoting sustainability. Through our manufacturing processes and our dedicated team’s expertise, we aim to propel India’s renewable energy agenda forward while creating employment opportunities for the local community. Moreover, this facility is expected to contribute towards fulfilling the surging demand for high-quality solar panels across the nation.”

Waaree Energies, founded in 1990, is India’s largest manufacturer of solar PV modules with the largest aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report). It commenced operations in 2007 focusing on solar PV module manufacturing.

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