Waaree Energies Secures EPD Certification, Emphasizing Low-Carbon Footprint of Solar Panels

Waaree Energies First Indian Firm to Receive Environmental Product Declaration for Local Manufactured Bifacial MonoPERC and TOPCon Solar Panels; gets certified with EPD, an independent proof of its carbon footprint based on results of the life cycle assessment carried out by Syphera Solutions, leading provider of enterprise sustainability management software and consulting services. These EPDs give an overview of all the impacts the environment faces when the solar panels are being manufactured from raw materials right up to the end-of-life disposal stage.

EPDs are expected to ensure that there is a transparent evaluation and that environmental performance of products is documented. Committing to the fact that sustainability thresholds are to be defined and also relevant and meaningful information is going to be furnished by Waaree Energies shows the prospects, thereby the organization’s stakeholder’s better-informed decisions as far as the investment in more environmentally friendly area with low environment footprint.

System-wide Environmental Impact Evaluation
LCA-based EPDs for both the MonoPERC and TOPCon panels, produced by Waaree Energies, describe the environmental impacts in the entirety of the product’s life cycle-through extraction of raw materials, its production, and disposal. That is a kind of evaluation Syphera Solutions undertook in their quest to identify the carbon footprint and the environmental impacts that follow from the photovoltaic products. This is evident in the company’s commitment to reduce its footprint on the environment through the solar panels designed and built with the center of sustainability.

The MonoPERC panels are performance panels with high efficiency, a 550 Wp power rating, and an efficiency rate of approximately 21%. This would set the carbon footprint for life cycle basis at reportedly around 0.447 kilograms of CO₂ equivalent per watt-peak. So, that would be low-carbon offerings in the renewable energy market.

Though Waaree Energies TOPCon panels also come with a power rating of 600 Wp with an efficiency level of about 22%, the panel is positioned with a carbon footprint of 0.368 kg CO₂ eq/Wp, thus constituting a super-low-carbon alternative. This is one of the best options for those in pursuit of solar energy solutions that really drive low environmental impact.

Implications for Sustainability and Net Zero Goals
One such step by the company, Waaree Energies, is considering venturing into the EPD certification of its solar panels to achieve absolute sustainability in manufacturing. As the world is being nudged toward Net Zero emissions and reduction in carbon footprints, this is the development which focuses on the contribution of the solar industry towards wider environmental objectives. As a part of this, Waaree Energies continues innovating by providing solar solutions that reduce waste to the environment but at the same time fulfill energy requirements.

Waaree Energies would enable customers and other stakeholders to gain access to such information in the form of EPD certification to determine the extent to which such products will be sustainable. Such knowledge might be used to inform decisions towards a low-carbon future. The EPD certification further solidifies the company’s position as the leader in the industry within India’s renewable energy sector as it evolves in its intent to manufacture and operate.

Manufacturing and Expansion Plan of the Company
Waaree Energies is one of India’s largest manufacturers of photovoltaic (PV) modules. The headquarters is in Mumbai. Five manufacturing facilities are situated in Gujarat and Uttar Pradesh. The facilities include Surat, Tumb, Nandigram, and Chikhli in Gujarat and IndoSolar Facility at Noida. Waaree Energies has an installed capacity of 13.3 GW and has a significant position in the Indian solar energy sector.

Apart from the business of producing solar panels, Waaree Energies is expanding its presence in the renewable energy space by very aggressively pursuing engineering, procurement, and construction services, project development, and rooftop solar systems. Apart from this, in November 2023, the company’s board sanctioned an investment up to Rs 600 crore to facilitate infrastructure development for renewable power projects, as well as enlarge its pipeline for bidding. The board also debated the addition of manufacturing for electrolysers, which will only be used in the production of green hydrogen with facilities regarding lithium-ion advanced chemistry storage cells and energy storages. It would in this way present detailed plans combined with their relevant investment propositions in the next upcoming months to the Waaree Energies.

Conclusion:Waaree Energies happens to be one of the first firms in the world to have achieved EPD for its MonoPERC, along with TOPCon-based solar panels. This is significant not only in terms of the commitment of the firm towards sustainability but also towards the renewable energy sector. Certification mark would not only be commitment to environmental stewardship but will be a relevant source of information to the customer about more sustainable choice for energy. As a consequence of its operational expansion and the development of new products, Waaree Energies shall steer India towards achievement of Net Zero Emission Targets. Absolutely certain to take the country up into international leadership stature regarding the prospects for renewable energy areas.