Waaree Expands U.S. Solar Amid Probe

  Published 5 months ago

Waaree Energies expands U.S. footprint despite customs probe, adding capacity and pursuing growth in solar.

  • CEO Amit Paithankar assures cooperation, expects minimal impact from the investigation on shipments and operations overall.
  • Company holds 16.1 GW of Indian, 2.6 GW U.S. capacity; over 60% revenue from exports to global markets.
  • Acquired Meyer Burger line, expanding Texas plant to 3.2 GW; plans 10 GW cells by 2027 for growth.

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