India’s Leading Solar Panel Manufacturer Responds to Growing US Demand for Sustainable Energy
Expanding in Texas
Waaree Energies commits a substantial $1 billion investment for a state-of-the-art solar panel manufacturing facility in Texas, USA.
Driven by Biden’s Climate Legislation
Aligned with President Joe Biden’s climate change legislation, this move addresses the escalating demand for sustainable energy solutions in the US.
Future Solar Manufacturing Hub
The proposed factory in Brookshire, Texas, aims to be one of the largest solar facilities in the US by 2027, with an initial annual capacity of 3 gigawatts, expanding to an impressive 5 gigawatts.
Economic Growth and Job Creation
Beyond environmental benefits, the Houston-area facility is expected to create over 1,500 jobs, making a significant contribution to the local economy. Waaree also plans to introduce a solar cell facility by 2025.
Source：businessworld.in
