Waaree Energies Launches The Next Gen Solar Module In India - GADGETS & INNOVATIONS


Post Top Ad

Post Top Ad

Thursday, May 30, 2019

Waaree Energies Launches The Next Gen Solar Module In India

India's first 400Wp modules are projected to be the future of rooftop solar 

With these modules, Waaree is looking at an exponential growth trajectory in FY 19-20 

Waaree Energies Ltd, India's leading EPC player and largest solar PV module manufacturer, has launched  India's first 400Wp cut cell module series called Super 400 which is touted to be the future of rooftop solar.

The Super 400 series is a Mono PERC Module, with a 400Wp output and the Super 400 Pro Module, which is a Bifacial module, with up to 30% higher output. In case of partial shadow, the Super 400 series provides enhanced power output, i.e. over 50% higher than regular best-in-class modules. Manufactured at Waaree's 1.5 GW module manufacturing plants in Gujarat, the module has a life of minimum 25 years, and comes with Waaree Energies' acclaimed maintenance& service.

With product innovation at its core, it has been indigenously developed to give impetus to the growth of the rooftop solar segment. These modules can be deployed with the lowest inter row spacing within a power plant, and hence, the area required for the installation of Super 400 Series modules is less by 5% to 20% than that required by other modules.

Despite the lower requirement of space, the modules provide 8% higher output as compared to some of the best-in-class modules available in the market today. Based on the potential of their new offerings, Waaree is looking at an exponential growth trajectory with significant contribution towards their order book. The Super 400 Series alone is expected to contribute significantly in FY 2019-20.

According to a Bridge to India report, India is likely to add 80 GW in the next 5 years, wherein the contribution of the rooftop segment will be closest to 10%, with 8 GW. Rooftop installations have observed a year-on-year growth of 66% in 2018, but still only make up 12% of the total solar installations in the country.

Due to land limitations, extracting the maximum energy out of such rooftop projects is vital to meet the 175GW renewable energy goal by 2022. With this focus on the rooftop market, Waaree expects the entire market to eventually shift to 400Wp modules, owing to their higher output and efficiency, as well as lower space utilisation.

MUMBAI, May 30, 2019

No comments:

Post a Comment

Subscribe To Comment

Post Top Ad