Waaree Renewable wins 291 MWp
Waaree Renewable Technologies has secured an EPC contract for a 291 MWp solar project with 280 MWh of battery storage.
Waaree Renewable Technologies Ltd has received a Letter of Award to execute engineering, procurement, and construction works for a major solar-plus-storage project. The contract, awarded by one of India's thermal power generating companies, covers a 291 MWp ground-mounted solar PV installation paired with a 280 MWh battery energy storage system.
Completion is scheduled for the 2027-28 financial year.
Recent Project Awards
Waaree Renewable Technologies secured two other significant EPC orders in August. According to the source, these include a 124 MWp (88 MW AC) ground-mounted solar PV project from an Indian renewable energy solutions company. The second is a 210 MWp (150 MW AC) grid-connected ground-mounted solar project from Solaris Horizon Energy, a step-down subsidiary of Waaree Energies Ltd.
| Project Capacity (MWp) | AC Capacity (MW) | Client / Awarding Body |
|---|---|---|
| 124 | 88 | An Indian renewable energy solutions company |
| 210 | 150 | Solaris Horizon Energy (Waaree Energies Ltd subsidiary) |
Project Scope and Context
The latest contract involves a substantial battery energy storage system. Integrating 280 MWh of storage with a 291 MWp solar array represents a significant move toward hybrid renewable energy plants in India. Such projects help manage the intermittent nature of solar power, providing more reliable electricity to the grid.
The client is described as a major thermal power generator. This detail suggests traditional power companies are increasingly investing in and contracting for renewable energy infrastructure. The shift aligns with broader energy transition goals within the country.
Waaree Renewable Technologies is positioning itself as a key player in this evolving market. Securing three major contracts in a single month highlights its active role in India's renewable energy construction sector. The company's project portfolio now spans pure solar and integrated solar-plus-storage solutions. For more details on the company's broader activities, you can view our stats page.
The financial year 2027-28 provides a clear timeline for project delivery. This multi-year horizon is typical for large-scale energy infrastructure developments. It allows for detailed planning, procurement, and phased construction activities.
Market Implications
The scale of the awarded project highlights the growing demand for large-scale, grid-connected renewable energy with storage. Battery energy storage systems are becoming a critical component for stabilizing power supply from variable sources like solar. This project adds considerable capacity to India's renewable energy storage landscape. This trend is reflected in the broader industry standings.
As reported by pv magazine India, the company's recent successes indicate robust activity in the Indian EPC market. The involvement of a thermal power company as the client further illustrates the diversification of traditional energy firms into renewables. This trend is likely to continue as grid integration and reliability remain paramount concerns.
The exact location of the 291 MWp project was not disclosed in the source material. Specific financial terms of the Letter of Award were also not provided.
