24 October 2024
In an interview with Moneycontrol, Hitesh Doshi, Chairman and Managing Director of Waaree Energies Limited, discussed the company's strategic expansion plans, innovations in solar technology, and the challenges faced in the renewable energy sector. He touched upon how the company is navigating the impact of Chinese export controls which asks companies not to supply goods below cost, and Indian import restrictions vis a vis solar goods. Doshi also spoke about the skill gap in the solar manufacturing industry, and how the company is trying to address this. He also offered insights into Waaree's plans for the green hydrogen space, and its prospects in the EV (electric vehicle) and energy storage sectors. Waaree exports 44 percent of its modules and the US is one of its key markets. The company is planning to set up a 1.6 GW module facility in Houston.
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