Mumbai, November 4th, 2015: Waaree Energies Ltd, India’s number one premier solar manufacturer and solutions provider, has announced the completion of independent assessment by Black & Veatch for solar PV Bankability of the Solar Panels manufactured at its plant in India recently.

Commenting on the completion of this assessment, Mr Hitesh Mehta, Director, Waaree energies said, “We are glad to announce the completion of this evaluation by Black & Veatch. Undertaking this independent assessment of the solar PV modules manufactured by us demonstrates our commitment towards global customers and financial institutions, to help them make decisions with certainty. Investors need to develop confidence in the solar panels that would be deployed in their projects and evaluation by a skilled and renowned independent engineering services company like Black & Veatch facilitates the decision making.”

With an annual production capacity of 500 MW, Waaree is the largest solar PV manufacturer in India providing a complete range (3 wp to 400 wp) of polycrystalline and Mono PV modules, for off-grid as well as on-grid applications.

Black & Veatch is frequently relied upon by clients to evaluate facilities that manufacture PV modules and supporting technologies. Evaluations, which are conducted on behalf of both investors and facility owners, verify technology claims and ensure manufacturing processes produce a consistent, high-quality product in a cost-effective manner. This independent assessment enables clients to make investment decisions with confidence.