Projects

Raymond Group goes solar with Waaree Energies’ Group Captive Solution

2.5MWp open access plant commissioned with 26% ownership by Raymond

Waaree Energies, India’s largest solar PV manufacturer and a leading EPC player has associated with Raymond Group, a leader in the fashion retailing space, to provide open access solar solution in Ahmednagar, Maharashtra. With a capacity of 2.5 MWp, the plant is expected to reduce carbon dioxide emission by approx. 3650 tonnes per annum. In a first of its kind in Maharashtra, the commissioned plant has been developed under the group captive model and will have a solar electricity generation capacity of 38 lakh units/year. Waaree Energies serves as a Turnkey Engineering Procurement and Construction (EPC) partner to the brand.

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