Media reports say Waaree Energies is to invest Rs 450 crore to up its module capacity. Waaree Energies, a solar energy solutions provider, is eyeing over six-fold increase in its revenues to over Rs 2,000 crore in the next three years as the demand for solar projects increases.
The company said that the proposed Rs 450 crore investment over the next six months will double the company's solar module capacity to 500 mw. The city-based Waaree group manufactures solar PV modules apart from providing turn-key EPC solutions.
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