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Updated: May 08, 2025 18:35
Websol Energy System Ltd has made a significant step forward in its renewable energy journey by winning a significant order for up to 250 MW of mono PERC DCR solar modules and signing a historic supply agreement with C.R.I. Pumps. These milestones further consolidate Websol's position as a leading player in India's solar manufacturing industry and underscore its fast growth and technological capabilities.
Key Highlights:
250 MW Mono PERC DCR Solar Module Order:
Websol Energy has obtained an order for as much as 250 MW of high-efficiency mono PERC (Passivated Emitter and Rear Cell) DCR (Domestic Content Requirement) solar panels. This step is in line with India's efforts towards self-reliance in solar production and aligns with government efforts to increase domestic manufacturing capacity.
Strategic Supply Agreement with C.R.I. Pumps:
The firm has signed a major supply deal with C.R.I. Pumps, which is among India's top pump makers, to supply these high-end solar modules. The collaboration is likely to spur mass-scale solar-powered irrigation and water management initiatives, widening Websol's presence in the farm and industrial segments.
Expansion of Capacity and Technology:
Websol has recently commissioned a significant capacity expansion, including a 600 MW mono PERC cell line and a 550 MW module line at its Falta, West Bengal plant. The modules of the company now have efficiencies of over 23%, making it one of the leading domestic manufacturers.
Growth Strategy and Market Impact:
These partnerships and orders are central to Websol's production scaling strategy, developing operational infrastructure, and addressing the booming demand for high-performance solar solutions within and outside India. The firm's continued investments and technical upgradation are likely to further establish it as a leader in the renewables segment.
Financial and Industry Outlook
Websol's rapid growth and healthy order book indicate strong growth potential, underpinning India's transition to clean energy and cementing its position as a go-to supplier for large-scale solar projects.
Websol Energy's recent success not only consolidates its market leadership but also makes significant contributions to India's ambitious solar and sustainability targets.
Source: Moneyworks4me, Energetica India, EQ Mag Pro
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