Waaree Announces India’s Largest 10 GW Ingot and Wafer Facility
ECONOMY & POLICY

Waaree Announces India’s Largest 10 GW Ingot and Wafer Facility

Waaree Energies Limited (Waaree) has commenced construction of India’s largest integrated solar ingot and wafer manufacturing facility at Butibori, Nagpur, with a combined capacity of 10 gigawatt (GW) for ingots and 10 gigawatt (GW) for wafers. The groundbreaking was announced on March 14, 2025, and the development is designed to establish a major upstream manufacturing hub for the national solar photovoltaic value chain. The facility is presented as a strategic move to bolster domestic production of components that underpin module manufacturing.

Spread across 300 acres, the project is being developed with an investment of Rupee (Rs) 62 bn and will focus on the production of high-purity solar ingots and wafers. By creating large-scale domestic capacity for these critical inputs, the company expects to reduce reliance on imported materials and enhance supply chain resilience for the rapidly expanding solar sector. The facility is described as a significant step toward strengthening India’s upstream solar manufacturing ecosystem.

Once operational, the facility is expected to generate over eight thousand direct and indirect employment opportunities, supporting regional economic development, skill creation and industrial growth in Maharashtra. The announcement was marked by a ceremonial event attended by senior government leaders and industry stakeholders, including Devendra Fadnavis, Chief Minister of Maharashtra, alongside Waaree’s senior leadership. Company representatives acknowledged government support as instrumental in enabling the initiative.

The project is aligned with national objectives of energy security, self-reliance and the vision of Viksit Bharat 2047, and reflects broader policy efforts to expand domestic renewable manufacturing capacity. Waaree Energies, founded in 1990 and headquartered in Mumbai, operates advanced manufacturing facilities with a total solar PV module capacity of 22.3 GW worldwide and solar cell capacity of up to 5.4 GW. The company also offers a portfolio spanning solar PV manufacturing, engineering, procurement and construction services, green hydrogen solutions, battery energy storage systems, green energy infrastructure and data centres.

Waaree Energies Limited (Waaree) has commenced construction of India’s largest integrated solar ingot and wafer manufacturing facility at Butibori, Nagpur, with a combined capacity of 10 gigawatt (GW) for ingots and 10 gigawatt (GW) for wafers. The groundbreaking was announced on March 14, 2025, and the development is designed to establish a major upstream manufacturing hub for the national solar photovoltaic value chain. The facility is presented as a strategic move to bolster domestic production of components that underpin module manufacturing. Spread across 300 acres, the project is being developed with an investment of Rupee (Rs) 62 bn and will focus on the production of high-purity solar ingots and wafers. By creating large-scale domestic capacity for these critical inputs, the company expects to reduce reliance on imported materials and enhance supply chain resilience for the rapidly expanding solar sector. The facility is described as a significant step toward strengthening India’s upstream solar manufacturing ecosystem. Once operational, the facility is expected to generate over eight thousand direct and indirect employment opportunities, supporting regional economic development, skill creation and industrial growth in Maharashtra. The announcement was marked by a ceremonial event attended by senior government leaders and industry stakeholders, including Devendra Fadnavis, Chief Minister of Maharashtra, alongside Waaree’s senior leadership. Company representatives acknowledged government support as instrumental in enabling the initiative. The project is aligned with national objectives of energy security, self-reliance and the vision of Viksit Bharat 2047, and reflects broader policy efforts to expand domestic renewable manufacturing capacity. Waaree Energies, founded in 1990 and headquartered in Mumbai, operates advanced manufacturing facilities with a total solar PV module capacity of 22.3 GW worldwide and solar cell capacity of up to 5.4 GW. The company also offers a portfolio spanning solar PV manufacturing, engineering, procurement and construction services, green hydrogen solutions, battery energy storage systems, green energy infrastructure and data centres.

Next Story
Infrastructure Urban

Vedanta Secures AA+ Rating from ICRA

Vedanta Group has received its highest domestic credit rating in over a decade after ICRA upgraded the long-term ratings of Vedanta Limited and Vedanta Aluminium Metal Limited to AA+ with a Stable outlook. Talwandi Sabo Power Limited was also upgraded to AA-/Stable from A+/Watch Developing, while the group’s short-term rating was reaffirmed at A1+.The rating action marks Vedanta’s highest domestic credit rating since 2014. Vedanta Limited and Vedanta Aluminium Metal Limited, two of the largest entities emerging from the demerger, together account for over 75 per cent of the group’s long-..

Next Story
Infrastructure Urban

Netrasemi Launches Edge AI Chip A2000

Fabless semiconductor startup Netrasemi has launched its flagship Edge AI system-on-chip, A2000, after achieving successful silicon bring-up. Fabricated at TSMC’s 12 nm technology node, the chip is designed for on-device AI, smart vision, real-time video analytics and secure edge computing.A2000 features Netrasemi’s in-house Neural Processing Unit, Vision Processing Unit, Image Signal Processor, crypto engines and other hardware acceleration IP cores. It also uses the company’s patented heterogeneous graph-stream parallel processing architecture.The chip targets applications such as smar..

Next Story
Infrastructure Energy

Sigenergy Launches AI Agent For Energy Systems

Sigenergy has introduced SigenAgent, described as the energy industry’s first all-domain AI agent, during its ‘AI in All’ event. The platform is designed to move solar-and-storage systems from reactive hardware to autonomous, goal-driven energy systems for households and businesses.SigenAgent works through a continuous loop of perception, reasoning and action. It analyses real-time factors such as weather patterns, electricity prices and grid conditions to determine and execute the most efficient operating strategy. Users can set broad goals, such as reducing electricity bills or securin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->