Becomes India’s first and only PV solar modulemanufacturer to bag the rating.

Waaree Energies Limited has achieved pioneeringfeat of being the first Indian company in the solar PV module manufacturinglandscape to be rated under ‘A’ category by globally acclaimed PV Tech’s latestModuleTech Bankability ratings. Waaree Energies has attained this raredistinction basis its strong financial performance and stability along withadvanced manufacturing capabilities, and commitment to delivering high-quality,reliable solar modules.

The PV ModuleTech Bankability Ratings serve as adefinitive benchmark for investors, developers, and EPCs (Engineering,Procurement, and Construction) seeking to mitigate risk and ensure long-termreturns in solar projects. This independent assessment evaluates PV modulemanufacturers on critical factors, such as financial stability, production capacity,market reputation, after-sales support, and technological innovation. It alsoconsiders a manufacturer’s value chain strength, global shipping capabilities,capital expenditure (capex) in infrastructure and technology, research anddevelopment investments, and cash flow management- key indicators of long-termreliability and scalability.

With the manufacturing capacity of approximately15 GW globally, Waaree demonstrates a robust value chain and a strong globalsupply footprint. Further, Waaree’s PV Module Test Laboratory (PMTL) inChikhli, accredited by NABL, emphasizes the company's assurance to quality andinnovation, guaranteeing that the modules adhere to the highest internationalstandards of durability and efficiency.

Additionally, Waaree has been at the forefrontof next-generation solar technology with its TOPCon and HJT modules, offeringworld-class, high-efficiency solutions tailored for evolving energy needs.