Image：Waaree Energies
The board of Indian solar manufacturer Waaree Energies has green‑lit a USD 37 million capital expenditure for its wholly‑owned U.S. subsidiary Waaree Solar Americas (WSA) to upgrade its Arizona solar module manufacturing plant, lifting the site’s annual nameplate capacity from 1 GW to 1.6 GW.
Existing production lines at the Arizona factory will be replaced with higher‑efficiency equipment. Upon project completion, Waaree’s total U.S. module manufacturing capacity will hit 4.8 GW, consisting of 3.2 GW in Texas and 1.6 GW in Arizona. The expansion will be financed via a mix of debt and internal accruals.
Waaree unveiled its U.S. expansion strategy in late 2023, committing up to USD 1 billion of investment with a target of reaching as much as 5 GW domestic U.S. capacity by 2027. The manufacturer is scaling its American production footprint amid rising market demand for domestically‑produced solar modules.
The company has secured a string of major U.S. supply contracts recently. In July 2026, it won a 236.22 MW “Made‑in‑America” module contract for a utility‑scale solar project in Flemingsburg, Kentucky, supplying 615Wp and 620Wp n‑Type G12R modules produced at its Brookshire, Texas facility. WSA also signed a 599 MW module supply deal with an undisclosed U.S. independent power producer (IPP) for 2026 deliveries from the Texas plant. Waaree booked over 1.2 GW of fresh U.S. orders in Q1 of its 2025‑26 financial year. Back in June 2025, it concluded a USD 176 million, 586 MW module supply agreement with North‑Carolina‑based IPP Pine Gate Renewables covering four PV projects for shipments in FY 2026‑27.
Separately, Waaree has lodged an objection against a June 2026 finding from U.S. Customs and Border Protection (CBP), which stated substantial evidence existed that the firm evaded anti‑dumping and countervailing duties (AD/CVD) on crystalline silicon PV cells sourced from Vietnam and Malaysia. The CBP ruling ordered relevant shipments to remain suspended or reclassified pending final liquidation guidance.
Domestically in India, Waaree’s board approved transferring plant and machinery from its 1 GW Tumb unit and 1.11 GW Nandigram facility to its Chikhli manufacturing hub in Gujarat. The move aims to consolidate existing production assets rather than adding 2.11 GW of new capacity. As of December 2025, Waaree’s total Indian module capacity including Indosolar stood at 20.17 GW. The Chikhli site holds 16.44 GW capacity listed under India’s ALMM List‑II and hosts 5.4 GW of solar‑cell production capacity.
