Waaree Energies Tops RETC’s 2025 Global PV Module Index

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Waaree Energies Limited, a leader in India’s clean energy sector, has been recognized as the Overall Highest Achiever in the 2025 PV Module Index by the Renewable Energy Test Centre (RETC). This distinction makes Waaree the first Indian solar panel manufacturer to achieve this prestigious global recognition, reinforcing its role as a pioneer in quality, reliability, and solar innovation. Remarkably, Waaree has now earned this honor for two consecutive years.

The RETC PV Module Index is one of the most comprehensive and demanding benchmarking systems in the solar industry, designed to evaluate solar products based on their real-world performance under various stress conditions. Modules undergo a series of accelerated tests to gauge their performance, quality, and long-term durability. This helps project developers and EPC (Engineering, Procurement, and Construction) providers select the best modules for specific environments and projects.

RETC evaluates solar modules based on three critical metrics: quality, performance, and reliability. Waaree’s outstanding performance across all these categories earned it the top spot in the 2025 report. A standout feature of this year’s evaluation was Light-Induced Degradation (LID) resistance, which measures the amount of power loss when solar modules are first exposed to sunlight. RETC views LID resistance as a key indicator of a module’s long-term field performance. To pass, modules must exhibit less than or equal to 0.5% degradation in maximum power. Waaree was recognized as one of the top global performers, showcasing the superior technology and materials used in its modules.

Waaree’s solar modules excelled across multiple testing conditions, including exposure to extreme temperatures (-40°C to +85°C), 2,000 hours of humidity testing at 85°C/85% RH, and 192 hours of high-voltage stress. Additionally, advanced modeling techniques were used to optimize energy output under different sunlight angles.

Cherif Kedir, President & CEO of RETC, remarked: “Waaree Energies has surpassed the most rigorous global benchmarks for solar reliability and performance. Being named Overall Highest Achiever in our 2025 PV Module Index is a remarkable achievement, one that can only be earned by companies that excel in demanding bankability tests. Waaree’s outstanding results reflect their commitment to quality, and we congratulate them for receiving our highest honor.”

Dr Amit Paithankar, Whole-time Director & CEO of Waaree Energies, said: “Each test passed and every parameter exceeded reaffirms our belief that quality is essential, not optional. At Waaree, innovation is part of our DNA, not just a department. Being recognized as a leader by RETC is a moment of great pride for us and a signal to the world that India is ready to lead the clean energy revolution—through technology, sustainability, and reliability.”

This recognition from RETC highlights Waaree’s continuous pursuit of product excellence and further establishes the company as a global ambassador for India’s manufacturing prowess in the renewable energy sector. As the world moves toward sustainable energy solutions, Waaree’s commitment to innovation, quality control, and customer-centric engineering continues to set new industry standards.

In Q1 2025, Waaree Energies captured 17.3% of the Indian solar module market share, while also expanding its export operations. This recognition underscores Waaree’s mission to empower communities worldwide with advanced solar technology and accelerate the global shift to a greener future.

Founded in 1990, Waaree Energies Limited is India’s leading renewable energy company, dedicated to advancing the global transition to clean energy. Based in Mumbai, the company operates cutting-edge manufacturing facilities with an installed capacity of approximately 15 GW for solar PV modules and 5.4 GW for solar cells. With a presence in over 25 countries, Waaree provides a range of solar solutions, including panel manufacturing, EPC services, project development, and rooftop systems. Committed to sustainability, Waaree continues to deliver innovative, cost-effective energy solutions for a greener future.