In a strategic move to accelerate its clean energy manufacturing footprint, Waaree Energies Ltd has approved significant expansions across its lithium battery, electrolyzer, and inverter production capacities.The company will boost its upcoming lithium-ion cell and battery energy storage systems (BESS) manufacturing capacity from 3.5 GWh to 20 GWh, with an investment of INR 8,000 crore. This facility is being developed under Waaree Energy Storage Solutions, a wholly owned subsidiary.
In parallel, Waaree plans to triple its electrolyzer production capacity, increasing it from 300 MW to 1 GW per year. This scale-up will involve an additional INR 125 crore in capital expenditure. The company is also expanding its inverter production line, ramping up from 3 GW to 4 GW, with an investment of approximately INR 50 crore.
These moves come as part of Waaree’s broader strategy to strengthen its position in the global renewable energy supply chain and meet growing domestic and international demand for clean energy technologies. Adding to its recent growth, Waaree has successfully commissioned a new 950 MW solar module production unit at its manufacturing complex in Chikli Taluka, Navsari district, Gujarat. This adds to the company’s rapidly expanding solar capacity in India.
Waaree also addressed an ongoing inquiry by US Customs and Border Protection (CBP) concerning allegations that solar modules shipped to the United States may have been misclassified to avoid tariffs. While the CBP investigates whether some imports may have included Chinese-origin components mislabeled as Indian, Waaree reiterated its adherence to all legal standards and its commitment to cooperate fully with U.S. authorities.
“The U.S. remains a critical part of our global operations,” the company said in a statement. “We are fully engaged with CBP to ensure compliance and transparency. At this point, we do not expect any additional duties to arise as a result of this inquiry.”
Through its subsidiary Waaree Solar Americas Inc, the company operates a 1.6 GW solar module facility in Texas, with an ongoing expansion to 3.2 GW. Earlier this year, Waaree acquired US-based manufacturing assets from Meyer Burger, reinforcing its long-term commitment to the American solar market.
