National, 8th June 2023: Waaree Energies Ltd., India’s largest solar panel manufacturer, has been featured in the 9th edition of PVEL’s prestigious annual PV Module Reliability Scorecard. Waaree was recognized as a Top Performer after its products met international quality and performance benchmarks set by PVEL.
PVEL is an independent testing facility for the solar and energy storage industries. It provides independent testing, engineering and data solutions to mitigate risk and optimize project performance and economics in the sector. The rankings in PVEL’s PV Module Reliability Scorecard are determined by the outcomes of the exhaustive and rigorous lab and field tests conducted as part of its Product Qualification Program (PQP).
This recognition as a Top Performer in PVEL’s scorecard, is a testament to Waaree's commitment to the highest standards of quality and reliability while catering to buyers in India and across the globe. Waaree’s dedicated investments in research & development enable the company to bring innovative and cutting-edge products to market that offer greater efficiency and superior performance and value to customers.
Speaking about the recognition by PVEL, Mr. Hitesh C Doshi, Chairman and Managing Director, Waaree Group, said, “Waaree has long fostered a culture of excellence focused on meeting the high quality standards of global markets, and this recognition further validates our approach. The results of PVEL’s extended reliability and performance testing has catalyzed the growth of new markets and buyers for Waaree. As India’s largest PV module manufacturer and exporter, we happily share PVEL’s PQP in our conversations with buyers across the globe."
Commenting on the occasion, Tristan Erion-Lorico, PVEL’s VP of Sales and Marketing, mentioned “PVEL applauds Waaree Energies for being listed as a Top Performer in the 2023 Scorecard. We are pleased to recognize Waaree Energies for demonstrating their commitment to producing reliable modules via their strong results in PVEL's PQP testing. Particularly noteworthy is the Waaree module that achieved Top Performer status in all categories, which is a rare and impressive accomplishment.”
With a 12 GW manufacturing capacity in India, Waaree has the largest solar module manufacturing capacity in India. The company is the largest exporter of solar modules, and currently exports its products to over 20 countries worldwide.
Waaree has a presence in over 380 locations across India and 20 countries internationally. The company recently completed the timely delivery of 50 MW solar modules to a Fortune 500 company in the US. The independent product performance validation by PVEL through the Product Qualification Program (PQP) will further strengthen Waaree’s leadership position and will be instrumental in building even greater customer confidence and driving additional sales growth.
Established in 1989, Waaree Energies Ltd. Is the flagship company of the Waaree Group, with its headquarters situated in Mumbai, India. It is India’s largest solar module manufacturer with a capacity of 12GW. Waaree Energies holds a prominent position in various sectors including Solar Panel Manufacturing, EPC Services, Project Development, Rooftop Solutions, Solar Water Pumps, and Independent Power Production within the Indian market. With a strong presence in over 380 locations nationwide and exports to over 20 countries internationally. Waaree Energies has established itself as a key player in the industry.