Waaree Energies to Establish 10 GW Solar Facility in Nagpur
Filing Summary
Waaree Energies Limited announced the development of a 10 GW integrated solar ingot and wafer manufacturing facility in Nagpur. The facility, spread over 300 acres, involves an investment of approximately ₹6,200 crore. It will focus on producing high-purity solar ingots and wafers, reducing India’s reliance on imports. The project is expected to create over 8,000 jobs and support India’s clean energy goals. The announcement was made during a ceremonial event attended by government officials and industry leaders, marking a significant step in strengthening India’s solar manufacturing capabilities.
Waaree Energies Limited has announced the establishment of a 10 GW integrated solar ingot and wafer manufacturing facility in Nagpur. This facility is set to become India’s largest of its kind, focusing on the production of high-purity solar ingots and wafers. The announcement was made on March 14, 2026, during a ceremonial event attended by senior government leaders and industry stakeholders.
The project involves an investment of approximately ₹6,200 crore. The facility will be developed over an area of 300 acres. This investment aims to enhance India’s domestic manufacturing capabilities in the solar sector, reducing the country’s reliance on imported materials. The facility will contribute to building a more resilient domestic supply chain for India’s rapidly expanding solar sector.
The facility will have a capacity of 10 GW each for solar ingots and wafers. These components are critical in the solar photovoltaic value chain. By focusing on these upstream components, Waaree Energies aims to strengthen India’s solar manufacturing ecosystem. The project is expected to generate over 8,000 direct and indirect employment opportunities, contributing to regional economic development and skill creation in Maharashtra.
The announcement was marked by the presence of Shri Devendra Fadnavis, Chief Minister of Maharashtra, who joined Waaree’s leadership to initiate the project. The facility’s development aligns with India’s vision of achieving energy security through self-reliant clean energy manufacturing. The strategic location of Nagpur, with its strong industrial ecosystem and connectivity, makes it an ideal destination for this large-scale project.
The groundbreaking ceremony signifies a major step toward reinforcing India’s solar manufacturing base. The facility is expected to support the nation’s long-term clean energy ambitions by enhancing the resilience of the country’s solar supply chain. The project aligns with India’s policy initiatives aimed at expanding domestic manufacturing capabilities and strengthening energy independence.
Waaree Energies Limited, founded in 1990, is a leading renewable energy company in India. The company operates advanced manufacturing facilities with a total solar PV module capacity of approximately 22.3 GW worldwide and a solar cell manufacturing capacity of up to 5.4 GW. Waaree Energies offers a comprehensive portfolio that includes solar PV manufacturing, EPC services, green hydrogen solutions, and battery energy storage systems. The company continues to support the global transition toward a cleaner and more energy-secure future.