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Waaree Energies Boosts U.S. Investment to $102.58 Billion with New Battery Storage Focus

Waaree Solar Americas Inc., a wholly owned subsidiary of India-based Waaree Energies Limited, has announced an additional investment of $200 million in the U.S., focused on Battery Energy Storage systems. This announcement was made at the SelectUSA Investment Summit in Washington D.C., bringing the company’s total U.S. commitment to $1.2 billion by 2028. The new funding will enhance Waaree’s technological capabilities and promote large-scale deployment of cost-effective energy solutions across the country.

The company’s expanded focus on energy storage complements its existing solar module manufacturing operations. Its Brookshire, Texas facility, currently operating at 1.6 GW, is set to double to 3.2 GW. The additional investment is expected to create 300–500 new jobs, adding to the 1,500 already announced, resulting in a total of 1,800–2,000 new jobs in the U.S. market.

Dr. Amit Paithankar, CEO of Waaree Energies Ltd., emphasized that the investment reflects the company’s strategic vision and commitment to supporting economic development and energy innovation in the U.S. market. Waaree cited the dynamic nature of the U.S. energy sector, increasing power demand from data centers and AI, and the competitiveness of solar energy as key drivers for its expansion.