Waaree Solar Americas Inc., the U.S. subsidiary of Waaree Energies Limited—India’s largest solar PV module manufacturer—has signed a major 586 megawatt solar module supply agreement with a leading U.S.-based independent power producer. The deal is valued at approximately 176 million U.S. dollars (about INR 1500 crore), marking a significant milestone in Waaree’s ongoing expansion within the American solar energy market.

Under the agreement, the modules will be manufactured at Waaree’s advanced facility in Brookshire, Texas. Deliveries are scheduled for fiscal year 2026–27 and will span four separate solar energy projects across the country.

The modules will incorporate multiple domestically sourced components, enabling compliance with the Investment Tax Credit (ITC) domestic content guidelines. This ensures that the projects will qualify for additional tax benefits while contributing to a more resilient and locally supported clean energy supply chain in the United States.

This agreement underscores Waaree’s strategic commitment to supporting the U.S. renewable energy transition through localized manufacturing and supply chain integration, while reinforcing its position as a global solar leader. “This agreement reflects Waaree’s unwavering commitment to building a resilient, robust, and technologically advanced clean energy supply chain in the United States,” said Sunil Rathi, President, Waaree Solar Americas. “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, U.S.-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.”

He 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.”