Waaree Energies’ High-Efficiency Solar PV Cells Approved Under MNRE ALMM List-II

Waaree Energies has announced that its high-efficiency solar PV cells have been approved under the Ministry of New & Renewable Energy’s (MNRE) Approved List of Models and Manufacturers (ALMM) List-II for Solar PV Cells- marking a significant milestone in India’s domestic solar manufacturing journey.

As per the 3rd Revision of ALMM List-II, notified by MNRE on 15 December 2025, Waaree’s advanced solar cell manufacturing facility located at Degam, Chikhli, Navsari (Gujarat) has been enlisted with a total approved capacity of 5.25 GW per annum. This includes 3,923 MW of N-type TOPCon cells and 1,328 MW of P-type PERC bifacial cells, reinforcing Waaree’s leadership in next-generation cell technologies.

Commenting on the development, Sunil Rathi, Executive Director, Waaree, said: ““ALMM List-II inclusion for our solar cells is a critical step in strengthening domestic backward integration across India’s solar value chain. While Waaree is already the largest in scale, this milestone reinforces our position at the forefront of solar cell technology as well. By scaling high-efficiency TOPCon and PERC cell manufacturing in India, we are reducing import dependence while giving developers and EPCs greater certainty on quality, supply continuity, and policy compliance. This is how India builds a resilient, self-reliant solar manufacturing ecosystem at scale.”

The listing significantly strengthens Waaree’s position as a fully integrated cell-to-module supplier, offering developers, EPCs, and institutional buyers greater assurance on domestic sourcing, supply-chain security, and long-term project viability.

The ALMM List-II recognition builds on Waaree’s existing presence in ALMM List-I for solar modules and underscores the company’s sustained investments in advanced manufacturing, including N-type TOPCon and high-efficiency PERC platforms. Going forward, Waaree aims to leverage this milestone to deepen partnerships with Indian and global developers, accelerate exports, and contribute meaningfully to resilient, high-performance solar value chains aligned with India’s energy security and net-zero goals.