In the modern era of sustainability, two technologies are making waves as game-changers in the fight against climate change: solar power and electric vehicles (EVs). The synergy between these two transformative solutions is creating ripples in the renewable energy market, especially in India, where the adoption of green energy is accelerating. As global and national policies emphasize the transition to a low-carbon future, the integration of solar power with EVs is becoming more than a trend it’s a necessity. India's electric vehicle market has been growing exponentially, driven by government incentives, rising fuel costs, and increasing awareness of environmental issues. The Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, coupled with state-level subsidies, is making EVs more accessible. According to recent reports, India aims to achieve 30% EV penetration by 2030, which translates to millions of EVs hitting the roads in the next few years. Ho...
Waaree Energies Limited was founded in 1989, with headquarters in Mumbai, India. Waaree has India's largest aggregate installed capacity of 12 GW as of June 30, 2023 at its plants in Chikhli, Surat, Tumb, and Nandigram in Gujarat and is a top player in the solar module export for Fiscal 2023. As of June 30, 2023, the total number of customers served by Waaree was 407 in India and 20 outside India.