Waaree Energies Ltd, one of India’s largest manufacturers of solar photovoltaic (PV) modules, has launched a significant CSR initiative. This initiative is in collaboration with the Indian Institute of Technology (IIT) Bombay.
The partnership aims to accelerate research and development (R&D) in the field of solar perovskite cells. These cells are gaining attention for their exceptional light absorption and efficiency potential.
Joint Efforts to Develop Advanced Solar Solutions
Under the partnership, Waaree Energies and IIT Bombay will collaborate. They will establish an advanced fabrication and characterization setup for high-efficiency perovskite solar cells.
The sophisticated setup will serve as a platform for students and researchers. It will enable them to explore and develop cutting-edge clean energy solutions.
Commitment to Innovation and Youth Empowerment
Amit Paithankar, CEO, Waaree Energies Ltd commented, “This partnership with IIT Bombay demonstrates our commitment to innovation and empowering the next generation with world-class research facilities. By supporting R&D in high-efficiency perovskite solar cells, we are providing students the opportunity to work at the forefront of solar technology, an industry set to create numerous job opportunities in the years ahead”.
Empowering Future Researchers and Engineers
Prof. Ravindra Gudi, Dean of Alumni and Corporate Relations at IIT Bombay added, “At IIT Bombay, we are dedicated to driving solar power innovations and creating opportunities for the next generation of engineers and researchers. Waaree’s generous investment will enable our students and faculty to push the boundaries of high-efficiency solar technologies, particularly in perovskite solar cells”.
Global Presence and Manufacturing Capabilities
Waaree Energies, headquartered in Mumbai, operates manufacturing facilities for solar PV modules. These facilities have an installed capacity of 13.3 GW, which includes 1.3 GW from Indosolar.
Waaree Energies has a presence across India and in over 25 countries. It provides a wide range of solar solutions, including panel manufacturing, EPC services, project development, and rooftop systems.
As reported by pv-magazine-india.com, Waaree’s partnership with IIT Bombay reinforces its commitment to sustainability. It also highlights the company’s focus on technological advancement in the solar energy sector.
