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Policy & tenders

What is Waaree Energies' 700 MW SECI solar-plus-storage project?

Waaree Energies has won a 700 MW solar-plus-storage project from the Solar Energy Corporation of India, reported by pv magazine India on 1 September 2026. The award is stated in megawatts of solar with no battery power or energy disclosed, so discharge duration cannot be derived. The company also plans a $37 million Arizona factory upgrade.

Published 2 September 2026 · Last updated 2 September 2026 · 1 min read · By Alpha Devraj ESS Research Desk

A central-agency solar-plus-storage award to a domestic manufacturer, tracked as part of our tender tracker.

Award pv magazine India · 1 Sep 2026

Waaree Energies 700 MW SECI solar-plus-storage project

Solar capacity

700 MW

Configuration

Solar + storage

Offtaker

SECI

Stage

Awarded

Tendered Awarded Built Live

A 700 MW central award with storage in the base scope — the largest single solar-plus-storage win reported this week.

pv magazine India ↗

What it means

The headline number is solar capacity, not storage capacity. Because neither the battery’s power rating nor its energy is disclosed, no discharge duration can be calculated — a 700 MW solar block might be firmed by anything from a two-hour peaking battery to a four-hour system, and the difference changes the cell count, the thermal design and the cost per MWh dramatically.

What the award does confirm is that SECI is now buying firmed solar as the default product rather than as a premium variant, the same procurement logic behind its assured-peak and FDRE rounds and the state-level frameworks mapped in our India BESS policy overview. For a manufacturer-EPC, that puts battery sizing on the critical path of the bid itself: the storage assumption sets the tariff, and the tariff wins or loses the project.

The parallel $37 million Arizona factory upgrade is a separate, overseas manufacturing item and carries no Indian storage capacity of its own — but it fits the wider pattern of Indian cell and module makers building capacity on both sides of the trade barrier, which we cover in our note on ACC battery manufacturing under the PLI scheme.

Bidding a solar-plus-storage project, or sizing the battery behind one? Size the economics first, or talk to our team.

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