Waaree Energies (WEL) has secured a contract from Mahindra Susten, a renewable independent power producer (IPP), to supply 280 MW of solar modules.
In this regard, both the companies have signed an agreement. Under this contract, the company will provide Mahindra with its AHNAY Series, Bi-55 545Wp modules, recognized for their bifacial glass-to-glass design and a 30-year output performance warranty. The delivery of these modules is scheduled for the third quarter of FY 2025.
This collaboration marks a pivotal step in WEL and Mahindra's commitment towards bolstering India's renewable energy infrastructure. By securing this project, the company demonstrated its production capability as well as the potential to meet delivery deadlines and provide high-quality products. Mahindra Susten is currently developing about 1.4 gigawatts of projects as an IPP.
Mahindra Susten is committed to developing multiple IPP renewable energy projects, powering the nation with clean, sustainable energy. The company, a part of the Mahindra Group, has been at the forefront of the renewable energy sector. It has developed over 1.5 GWp of renewable assets as an IPP and executed over 4.2 GWp of renewable projects as an engineering, procurement, and construction (EPC) in the domestic and international markets.
