Waaree Energies Limited Secures Major Module Supply Contract for Acciona Energy’s subsidiary Juna Renewable’s 412.5 MWp Project in Rajasthan

Bengaluru, 24th June 2024: Waaree Energies Limited, 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), has been awarded a major contract by ACCIONA Energy’s subsidiary Juna Renewable Energy Private Limited, to supply its bifacial solar modules for the 412.5 MWp/335 MW AC project in Rajasthan. The date of commissioning of the said project is in March 2025.

The project, located in Kawani village, Bikaner district, is a utility-scale solar plant that will deploy Waaree’s P-type bifacial modules with a capacity of 540-545 Wp each. These modules will be installed on horizontal single-axis trackers, which are expected to maximize energy yield through enhanced light absorption and tracking capabilities.

Sunil Rathi, Director of Sales, Waaree Energies Limited, said, “We are honoured to have been selected by for this project in Rajasthan. Our partnership underscores the trust and confidence placed in Waaree’s technological ability and execution capabilities. This project reinforces our position as one of the leading module manufacturers for solar projects in India. Furthermore, such initiatives are expected to contribute in boosting employment opportunities and fostering economic growth in the region. It makes us proud to be able to contribute to this transformative journey, by delivering comprehensive solar solutions that may help shape a greener and more self-reliant India.”

“We are proud to partner with Waaree Energies Limited,” stated Mr. Radhakrishnan Ramachandran, Managing Director at ACCIONA Energy in India “Their pursuit of innovation and commitment to delivering top-tier solar solutions perfectly complement our mission to drive sustainable energy initiatives. Together, we are committed towards shaping the future of renewable energy in India, empowering communities and reducing our carbon footprint on the planet. This collaboration represents our shared dedication to contribute towards creating a greener, more sustainable world for generations to come.”

The Juna Renewable Energy Private Limited’s project is a step towards India’s ambitious renewable energy goals and is expected to contribute to the nation’s efforts to transition towards a sustainable and low-carbon future. The plant is expected to generate clean electricity, offsetting substantial amounts of carbon emissions and promoting environmental sustainability in the region.

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