Websol Signs 100 MW Solar Cell Deal with Luminous Power Technologies

Websol Energy System Limited has announced a major supply agreement with Luminous Power Technologies Private Limited for the delivery of 100 MW of Mono PERC solar cells. 

The order is scheduled for fulfillment between April 2025 and April 2026 and is seen as a significant milestone in Websol’s long-term growth and expansion strategy.

Details of the Agreement 

As per the agreement, Websol will supply high-efficiency Mono PERC solar cells, with an efficiency range between 23% and 23.4%. These advanced solar cells are designed to deliver superior energy conversion, making them ideal for high-performance solar energy applications. The order showcases Websol’s growing technological capabilities and strong positioning in the renewable energy sector.

This deal supports Websol’s goal of strengthening its production capacity and expanding its presence in the rapidly evolving solar power industry. With this order, the company aims to reinforce its domestic footprint and build a more robust operational infrastructure.

About Websol Energy System Limited

Websol Energy System Limited, established in 1994, is a prominent India-based manufacturer of solar cells and modules. As a pioneer in the solar industry, the company is known for producing high-efficiency products that adhere to international quality standards. With a strong focus on sustainability, Websol is dedicated to providing clean energy solutions to global markets while steadily expanding its presence across India.

On April 4, 2025, Websol Energy System share price (NSE: WEBELSOLAR) opened at ₹1,272.45 and closed at ₹1,268.00, up by 1.39%. The stock price touched its day’s high at ₹1,313.15. 

Conclusion 

The collaboration with Luminous not only underlines Websol’s reputation as a reliable supplier of high-efficiency solar solutions but also aligns with India’s broader push towards clean energy adoption. The partnership is expected to open up further opportunities for growth in both the domestic and international solar markets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.