S'abonner

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

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.

  • Populaires ​
MN8 Energy raises $575mn with Natixis CIB to strengthen its US solar debt
Carbon2Nature and Uría Menéndez launch reforestation of 90 hectares in Salamanca
TNB, Petronas and Terengganu Inc launch green hydrogen hub and hybrid solar in Malaysia
Occidental Petroleum reduces production in the Gulf of Mexico in the second quarter
Azule Energy announces major offshore gas discovery in the Angolan Congo Basin
South Africa: Eskom Under Pressure from Residential Solar Growth
Facing chronic power outages, South African households are increasingly turning to solar self-generation, jeopardizing Eskom's pricing model and widening energy-access inequalities between affluent neighborhoods and disadvantaged areas.
Sol Systems raises $675mn to support 500 MW of solar and storage projects in the United States
Sol Systems has secured a $675mn credit facility to accelerate the development of 500 MW of solar and storage projects in Illinois, Ohio and Texas, backed by an international banking consortium.
Solar becomes the leading source of electricity in Pakistan
The rapid rise of solar energy is disrupting Pakistan’s electricity sector, forcing the government to revise its tariff policy and introduce new taxes on solar panel imports.
Sabanci Renewables acquires 120 MW of solar in Texas from OCI Energy
Sabanci Renewables announces the acquisition of the Texan solar project Pepper from OCI Energy, strengthening its US portfolio to 660 MW and paving the way for an increase to 3 GW by 2030.
Poland awards 1.67 GW of solar projects in its latest renewables auctions
The results of recent Polish auctions reveal a predominance of photovoltaic solar, with 178 projects selected and a total capacity of 1.67 GW, while other segments found no takers.
The French solar federation organises itself amid current political and economic attacks
The National Solar Energy Federation, launched on 21 June and formalised on 14 July, brings together installers, equipment suppliers and financiers to defend photovoltaics against political criticism as Paris prepares a new energy roadmap.
CrossBoundary Energy raises $60mn to accelerate Kamoa solar unit
A $60mn subordinated loan will speed delivery of equipment for a 223 MWp solar-storage plant serving the Kamoa-Kakula copper complex, deepening the financial partnership between CrossBoundary Energy and Standard Bank South Africa.
Desri launches the Santa Teresa solar and storage plant in New Mexico
New York developer DESRI, together with utility El Paso Electric, starts construction of the 150 MWac Santa Teresa solar complex and its 600 MWh storage system, financed by an international banking consortium.
Geronimo Power launches a 250 MW solar project in Wisconsin
Renewable developer Geronimo Power begins construction of the 250 MW Portage Solar park, expected to generate more than $100 mn in cumulative economic impact in Wisconsin, according to a news release issued on July 15 by PR Newswire.
ATIDI secures financing for a 62 MW solar power plant in Togo with an innovative guarantee
African Trade & Investment Development Insurance (ATIDI) provides a liquidity guarantee to the Sokodé solar project, facilitating private financing for a 62 MW plant dedicated to Compagnie Énergie Électrique du Togo.
ACWA Power, Badeel and SAPCO to invest $8.3bn for 15,000 MW of renewables in Saudi Arabia
Three major players commit to developing five solar plants and two wind farms, with commissioning scheduled between 2027 and 2028 as part of Saudi Arabia’s national programme.
SAEL Industries announces $954mn investment for solar plant in India
SAEL Industries will invest $954mn in a solar factory in Greater Noida, boosting Indian manufacturing capacity and supporting the national strategy to localise photovoltaic component production.
Global PV inverter shipments reach 589 GWac as Asia-Pacific dominates in 2024
Global photovoltaic inverter shipments increased by 10% in 2024, driven by the Asia-Pacific region, which accounts for nearly seven out of ten shipments, while China consolidates its influence on the sector.
Arctech Brazil obtains FINAME certification and accelerates its regional expansion
Arctech Brazil has received FINAME certification from the National Bank for Economic and Social Development, making financing more accessible for its solar trackers and consolidating its role in the Latin American solar market.
Solargik signs 85 MW of new solar projects on complex terrains in Italy
Solargik strengthens its presence in Italy with 85 MW of photovoltaic projects, including partnerships with Revalue and Free Ingegneria, to deploy systems on steep and agricultural land previously considered unexploitable.
EDF inaugurates two solar power plants in Moselle totalling 72 MWp installed
EDF power solutions commissions two new photovoltaic plants in Moselle, together representing a capacity of 72 MWp, capable of annually supplying electricity equivalent to 36,000 inhabitants, or 30% of the population of Metz.
Solar energy becomes EU’s leading electricity source in June 2025
Solar energy reached a record share of 22.1% in the European electricity mix in June 2025, becoming for the first time the main source of electricity in the European Union, according to a report by think tank Ember.
Maldives grants first-ever energy permit to Abraxas Power Corp.
Abraxas Power Corp. receives unprecedented authorisation from Maldivian authorities to develop a 100 MW solar project within a new special economic zone, targeting energy security and national climate objectives.
GreenYellow signs 1.8 MWp solar contract with Meaders in Mauritius
GreenYellow and Meaders Feeds Ltd finalise a second 1.8 MWp solar project under the Carbon Neutral Industrial Sector Scheme aimed at decarbonising the Mauritian industrial sector.
New community solar project in Baltimore-Washington: a 3.2 MW capacity
The Lime Kiln project, developed by Chaberton Energy and Pivot Energy, will provide renewable energy to 500 homes and businesses in Maryland, while reducing greenhouse gas emissions.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING