Waaree Energies has bagged new orders worth USD 2.37 billion from India and international markets to supply high efficiency bifacial solar panels of 540Wp and 600Wp.
These panels will be produced in Waaree's manufacturing facility using M10 and M12 cells.
The company currently has four GW PV module manufacturing capacity and plans to add another five GW by December 2022. Four GW solar cell manufacturing capacity is expected to be operational by March 2023.