Waaree and Acciona boost the US solar market

Waaree Energies, in collaboration with Acciona Energia, marks a turning point in the US solar sector, promising major advances and sustained growth.

Share:

Waaree-Acciona Évolution solaire aux USA

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Solar energy is growing exponentially in the United States, a booming sector that is attracting substantial investment and technological innovation. This trend is supported by government initiatives and policies favoring renewable energies. However, the market faces challenges, particularly in terms of the supply chain and compliance with quality standards.

Waaree-Acciona Strategic Partnership

Waaree Energies, a key player in the solar market, recently announced the delivery of 850 megawatts (MW) of solar photovoltaic (PV) modules for various projects developed in the United States by Acciona Energia. This collaboration, far from being an isolated event, marks the start of a three-year agreement to supply a further 1.5 gigawatts (GW) of solar modules for other US projects between 2024 and 2026.

Achievements and Impacts

Waaree has delivered its solar modules, notable for their passivated emitting and receiving cell technology, for four major projects. These deliveries, made four weeks ahead of schedule, enabled Acciona to meet its project deadlines. Moreover, this success reflects Waaree’s efficiency and reliability as a supplier, in a context where the US solar market has encountered supply chain difficulties.

Market trends and forecasts

According to the Solar Energy Industries Association (SEIA), the US solar market has grown at an average annual rate of 24% over the past ten years. Forecasts remain optimistic, with a significant share of new energy production capacity coming from solar power. However, this trend is supported by data from USA Facts, which projects a significant increase in the installation of solar PV systems in American homes.

Commitment to Quality and Performance

Waaree’s commitment to high standards of product quality and performance is central to its strategy. The modules supplied have undergone internal and independent quality tests, ensuring optimum reliability and efficiency for Acciona’s projects.

The Waaree-Acciona alliance is a prime example of the dynamics of the US solar market, where innovation, supplier reliability and quality commitments play a crucial role in achieving sustainable energy growth goals.

Masdar’s exit ends ReNew Energy's privatisation attempt, despite offer rising to $8.15 per share.
California surpassed 52.3% of electricity from renewables and large hydro in 2024, marking a major energy milestone while increasing pressure on storage, permitting and curtailed production.
European Energy France has secured two wins in tenders issued by the French Energy Regulatory Commission for its agrivoltaic parks in Saint-Voir, with a combined capacity of 14.3 MWp and commissioning expected by late 2027.
TotalEnergies will supply Google with 1TWh of renewable electricity from a 20MW solar plant in Malaysia under a 21-year power purchase agreement.
Enviromena secured approval for its Fillongley solar farm after a local council’s refusal was overturned, despite conflicts of interest tied to public funds used to oppose the project.
According to Wood Mackenzie, the global solar inverter market will face two consecutive years of contraction after record shipments in 2024, driven by regulatory tensions in China, Europe and the United States.
The UK government has assigned a GBP135mn ($180mn) budget for solar energy in its seventh CfD auction round, aiming to support up to 4 GW of installed capacity.
SEG Solar launches a strategic industrial project in Indonesia with 3GW capacity to support the supply chain of its photovoltaic modules for the US market.
Vietnam's Boviet Solar has launched two industrial sites in North Carolina to produce solar cells and modules, with over 1,300 jobs created and a total investment of $400mn.
Acciona Energía sells 49% of its U.S. solar portfolio and all of two Mexican wind farms in a $1bn deal, reinforcing its asset rotation strategy.
Maxeon Solar Technologies has launched a new legal action against Aiko Solar and its European distributors over alleged infringement of a key back contact photovoltaic technology patent.
Vena Group has finalised a landmark foreign currency financing for its Opus solar project in the Philippines, marking a major milestone for cross-border investments in energy.
Voltalia strengthens its presence in Italy with four solar projects awarded under the FERX tender, securing stable revenues over two decades for a total capacity of 68 megawatts.
French developer Akuo has completed three crowdfunding campaigns to support its solar power plants in Côte-d’Or, raising a total of €5.15mn ($5.57mn) exclusively from local stakeholders.
Zimbabwe plans to launch the construction of a 600 MW floating solar power plant on Lake Kariba in 2026, aiming to reduce its reliance on drought-affected hydropower.
The company has secured a 108 MW solar project in Sicily, its largest in Italy, following the second national FER X auction, strengthening its portfolio of energy investments in the country.
Independent power producer GreenGo strengthens its portfolio to 193 MW under public schemes, after winning a new 48 MW solar project through the FER X NZIA programme.
Italy awarded over 1.1 gigawatts to 88 solar projects using no Chinese equipment, in a European first, at an average tariff of €66.38/MWh, 17% above previous auctions.
French firm Newheat forms a joint venture with Sunmark Chile to develop large-scale solar thermal heat projects for the mining sector, targeting decarbonisation of copper extraction processes in Chile.
Scatec has begun commercial operation of the second phase of its 120 MW solar project in Mmadinare, marking a strategic step in Botswana’s energy sector.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.