WAAREE Launches Easy Finance Facility for EPC as Well as Solar Modules

MUMBAI, July 4, 2012 /PRNewswire/ --

WAAREE Energies Pvt. Ltd, a premium end-to-end solution provider in solar energy, has launched easy finance scheme as bridge finance as well as long term finance for solar PV projects. WAAREE will now be offering finance to companies who have already signed the PPA's or are planning to set their power project under various schemes. WAAREE's financial product covers the bridge finance till project developers close on long term finance.

     (Logo: http://photos.prnewswire.com/prnh/20120704/IND10049154 )

"WAAREE's mission is to make renewable energy affordable and accessible to all. The launch of WAAREE's new scheme - bridge/long term finance - has laid the foundation for a bright future. Our effort to provide EPC projects with this commercial instrument has given a big impetus to developers under National Solar Mission. This exceptional way of financing emerged at appropriate hours for assisting the stakeholders of JNNSM," said Mr. Hitesh Doshi, CMD of WAAREE Group.

This has initiated assured growth in the nascent solar market across India. WAAREE's role is now to strategically give a new life to solar activities pan India and provide required financial support for the entire solar market and fulfil JNNSM goal.

About WAAREE Group:

WAAREE Energies is a fast growing, innovative and dynamic manufacturer of solar PV panels. WAAREE Energies designs, manufactures, erects, commissions and provides technical and maintenance support to wide variety of Solar products, systems and EPC. With 100MW manufacturing capacity per year and a rich experience in the solar industry, the company has its success story for EPC work in MW scale and has completed more than 30 MW so far. It is also progressing very fast for CPV, CSP solutions and SHW systems. For more information, visit www.waaree.com

Primary Media Contact: Ajay Mishra, ajaymishra@waaree.com, 91-22- 66444417