
Waaree Energies has made a remarkable achievement by inaugurating India's largest solar cell manufacturing gigafactory in Chikhali, Gujarat.
This state-of-the-art facility boasts a capacity of 5.4 GW and spans 150 acres, with a built-up area of 101 acres. Equipped with advanced technologies like TOPCon and Mono PERC solar cells, the gigafactory aims to achieve efficiencies of up to 25%.
The facility is expected to create over 9,500 direct jobs and approximately 30,000 indirect employment opportunities, contributing significantly to India's clean energy goals and economic growth. It aligns with the "Atmanirbhar Bharat" initiative, reducing dependency on imports and positioning India as a global manufacturing hub for renewable energy technologies.
This milestone reflects India's growing prowess in the global renewable energy landscape.
Waaree Energies is a prominent player in India's renewable energy sector. Established in 1990 and headquartered in Mumbai, it is the country's largest manufacturer of solar PV modules, with an impressive installed capacity of 13.3 GW as of 2024. The company has a strong presence both domestically and internationally, with manufacturing facilities in India and the USA.
The new 5.4 GW solar cell gigafactory in Chikhali, Gujarat, is a significant addition to the global solar manufacturing landscape. While it is the largest in India, globally, there are even larger facilities. For instance, China's Longi Green Energy operates a solar manufacturing facility with a capacity exceeding 20 GW, making it one of the largest in the world. Similarly, other major players like JinkoSolar and Trina Solar also have massive production capacities.
However, India's facility stands out for its focus on reducing import dependency and aligning with the "Atmanirbhar Bharat" initiative. It also contributes significantly to employment and technological innovation in the renewable energy sector. This positions India as a growing force in the global clean energy market.