Waaree Renewable Technologies Ltd (WRTL) on Monday said it has signed an Early Contractor Involvement (ECI) agreement with a special purpose vehicle of a global independent power producer (IPP) to develop a utility-scale solar photovoltaic project integrated with a battery energy storage system (BESS) in New Zealand.The project, which will mark WRTL’s entry into the Australia and New Zealand (ANZ) renewable energy market, is expected to become one of New Zealand’s largest solar energy projects upon completion. WRTL, a subsidiary of Waaree Energies Ltd, will undertake the project in consortium with two experienced local companies, with the Indian firm leading solar supply and engineering activities.The ECI agreement covers limited early-stage work, following which the principal may award the engineering, procurement and construction (EPC) contract to the consortium upon successful completion of the initial scope.Published on July 27, 2026