Has high hopes from commercial, industrial segments
Waaree Energies Ltd, one of India’s largest manufacturers of Solar PV Modules with a capacity of 1.5 GW, sees revenue from solar rooftop segment growing to ₹400 crore in the next fiscal.
“We have been doing rooftop installations since 2010 and this year we are likely to cross 25 MW. Next year, we are targeting another 100 MW in the rooftop segment,” Sunil Rathi, Director, Waaree Energies told BusinessLine.
Optimistic on growth
The company, he said, is targeting commercial and industrial segments, where the return on investments is assured and project funding is available.