Waaree Renewable Technologies Limited (WRTL) has received a Letter of Award (LoA) from Continuum Green Energy Limited for the Engineering, Procurement, and Construction (EPC) of a 40 MWhr battery storage project. The project, valued at INR 40 crores, will be developed at wind-solar hybrid sites in Gujarat.
The initiative will utilize advanced lithium iron phosphate (LFP) liquid-cooled containerized Battery Energy Storage System (BESS) technology. Under a Lump Sum Turnkey Project agreement, WRTL will integrate the battery storage solution within the solar project, further strengthening its position as a full-scale EPC provider.
Viren Doshi, Director of Waaree Renewable Technologies Limited, highlighted the significance of the project, stating, “This initiative will enhance the efficiency and reliability of renewable energy in Gujarat. By deploying robust energy storage solutions, we aim to support the growing demand for sustainable power. Securing this repeat order is a testament to our customers’ confidence in our execution capabilities and disciplined approach to delivering results on time and within budget.”
Arvind Bansal, CEO of Continuum Green Energy Limited, emphasized the collaboration’s impact, stating, “Integrating energy storage solutions into our wind-solar hybrid projects marks a major step forward in providing reliable renewable energy for industrial consumers. Waaree Renewable Technologies’ commitment to execution excellence and timely delivery aligns with our shared vision of a greener future.”
Waaree Renewable Technologies Limited (WRTL) is a subsidiary of the Waaree Group, leading the Solar EPC business. With over 10,000 solar projects completed and a cumulative installation capacity of more than 1.82 GW, Waaree Group is a key player in India’s renewable energy sector. Headquartered in Mumbai, WRTL specializes in financing, constructing, owning, and operating solar projects, catering to industrial, commercial, and individual clients. The company provides clean energy solutions through both on-site solar installations (rooftop and ground-mounted) and off-site solar farms (open access solar plants), contributing to a sustainable and low-carbon future.
