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Waaree Solar Americas to Invest $200 Million in U.S. Battery Storage Expansion

by sthv

Waaree Solar Americas Inc., a U.S.-based arm of India’s Waaree Energies Ltd, has announced a $200 million investment to expand battery energy storage systems across the United States. This move is part of a larger $1.2 billion plan by the parent company to grow its presence in the U.S. solar and energy market by 2028.

The $200 million will be used to develop and deploy battery storage technologies. These systems are meant to support the wider use of renewable energy by storing power more efficiently and at lower costs. The expansion could create between 300 and 500 new jobs in the coming years, adding to the 1,500 positions the company has already committed to.

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Amit Paithankar, Whole-time Director and CEO of Waaree Energies, said the U.S. market offers strong growth opportunities due to its scale and pace of development. He pointed out that rising energy demand from data centers and artificial intelligence systems is creating a need for more reliable and steady power sources. He added that solar energy fits well with these needs, as it is both affordable and quick to deploy.

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Alongside its battery initiative, Waaree Solar Americas is also expanding its manufacturing capabilities. Its solar module factory in Brookshire, Texas, currently runs at 1.6 gigawatts (GW) capacity. The company is doubling this capacity to 3.2 GW to meet growing demand for U.S.-made renewable energy products.

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This combined focus on battery storage and local manufacturing shows Waaree’s long-term commitment to supporting the U.S. clean energy shift. The company says it aims to be a key player in the renewable energy supply chain, promoting sustainability, innovation, and energy independence.

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Waaree also emphasizes diversity and inclusion in its U.S. operations. Its leadership says these values are central to its mission to support a cleaner and more secure energy future.

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