Our Company |   Join Our Club |      

news categories



news per location



May 2017



Read our bloggers



Power Plants



  • Directorio de Eficiencia energética

Waaree is now a Tier 1 Solar Module Manufacturer

Jump to the comments

Waaree Energies Ltd, No.1 Indian Solar Module Manufacturer is now awarded the status of Tier 1 Solar Module Manufacturer. Tier 1 status makes Waaree Solar panels acceptable for non-recourse financing by banks i.e. “bankable”.  Waaree has one of the India’s largest state of the art 500MW manufacturing facilities.

Speaking on this Achievement Waaree Energies CMD Mr. Hitesh Doshi Said, “Financing is currently one of the greatest hurdles to implementing photovoltaic projects, with banks generally only providing finance to very high-quality projects.  Tier 1 Status of Waaree along with continued efforts on quality shall lead to a further ease financing processes for our customers globally (project developers and EPC contractors). I would like to thank the trust placed in us by banks, investors and a customer has resulted in us receiving the tier 1 status.”

Waaree has been named as number one Indian solar Module manufacturer for two consecutive years, and now awarded Tier.1 Status. It is awarded to a company to prove they are able to provide own-brand, self-made products to five different projects that are non-recourse financed by five different (non-development) banks.

Solar PV | News published on 22 / 12 / 2016 by Rashmi Nargundkar

Comments in this news Add yours

There are no comments. Add your comment

  Other Interesting News

LiveLink for Solidworks from Comsol allows users in building simulation Apps that integrate CAD Cabinet approves setting up of over 5,000 MW of Grid-connected Solar PV Power Projects India's MNRE unveils the Draft Guidelines for 3000 MW grid connected solar PV power projects CG wins order from PGCIL worth Rs. 115 crore. EU Commission: Strong economic benefits with renewable targets