Websol Energy System is set to expand its manufacturing footprint significantly with the launch of a 600 MW mono PERC solar cell line in October 2025. Once operational, this addition will raise the company’s total solar cell production capacity to 1.2 GW, alongside its existing 550 MW solar module capacity.
Strong Q1 Performance
The company reported impressive financial results for Q1 FY2026, with revenue from operations rising to ₹219 crore, a 96% year-on-year increase. Profit after tax also surged to ₹67 crore, up 191% from ₹23 crore in the same quarter of FY2025.
New Solar Kits for the Domestic Market
During the quarter, Websol introduced solar kits designed for the domestic market. The company is in the advanced stages of finalizing agreements with both national and regional players. These partnerships are expected to deliver additional revenue streams beyond module pricing. The contracts align closely with key government initiatives such as the PM-KUSUM Solar Pumps Project and the Domestic Content Requirement (DCR) framework, further reinforcing Websol’s role in advancing India’s renewable energy goals.
Capacity Expansion on Track
Managing Director Sohan Lal Agarwal emphasized that India’s solar sector remains a high-priority focus area. It is supported by strong policies and deployment targets. With the country aiming for 280 GW of installed solar capacity by 2030, demand for advanced solar technologies continues to grow.
Websol confirmed that installation and commissioning of the new 600 MW solar cell line is nearly complete. It will start trial production in September 2025 and begin commercial operations in October 2025. The company expects this expansion to contribute meaningfully to revenues from Q3 FY2026 onwards.
Strengthening Position in India’s Renewable Push
As reported by pv-magazine-india.com, Websol is doubling its solar cell capacity and diversifying its product portfolio. This positions the company as a key enabler of India’s renewable energy transition. The company leverages strong financial growth and timely execution of expansion plans. It is capturing opportunities in the rapidly evolving solar market.
