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Waaree Renewable Technologies Limited

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REI Special "Brief"

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MR. SANDESH SHETTY

NATIONAL HEAD – SALES (MODULES) WAAREE RENEWABLE TECHNOLOGIES LIMITED

In a wonderful and impressive with Mr. Sandesh Shetty, National Head- Sales (Modules), Waaree Renewable Technologies Limited, and knowing more about the insights of REI-2022, footfall, product launch, new opportunities, and industrial outlook…

Expectations, experience and Footfall

We participated last year, but it was virtual. So, as usual, we’ve expected a lot of footfall. For the last 2 days, we didn’t have any time. A lot of customers were there at the booth.

Product Launch

We have launched the N-Type module here because we know Solar is the pioneer of this industry in India. We always felt that customer needs were more efficient and better products.

Key Features

It has a better thermal co-efficient than the construction of the module, which is also different, so, at the end of the day, it has better efficiency, better generation, and less degradation. About WAAREE

We started with modules, but now we are in the entire value chain. We are the largest in modules. I think outside, mainly in China, about 7 gigawatts are already commissioned and another 2 to 4 gigawatt modules are under construction. Within 6 or 9 months, we are going to announce 5.4 in cells. We’ve started WAAREE RTL, where we focus on EPC jobs. At this point in time, we’ve got the best order booked for the EPC.

New Opportunities

The new opportunity is like solar kicks. If we see 2012, the industry will be more into industrial now than residential. So, here you see the residential people. They would like to be residential people. They would like to have a solar kit at the top of the house. They don’t want only modules, they want the entire thing, so we plug and play. That is another way of awareness.

Working on AI & ML etc.,

If we don’t learn and work on this technology, we’ll be out of this industry. Everything is present, including our modules. Message that you want to convey to your customers…

I would like to take their messages. I would say, with their blessings, we have survived in this industry because it is ruthless and we are doing well. As a result, we are confident that we will do even better in the coming years. RM

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