Websol Energy Systems, a Kolkata-based solar cells and modules manufacturer with a 250 MW PV cell capacity, has announced it will commence the first phase of its planned 1.8 GW mono PERC cell line in April this year. The first phase will comprise the installation of a 600 MW cell line and 550 MW module line, and the second phase comprises the addition of a 1.2 GW cell line.
As part of its plan to upgrade to mono PERC and TopCon, the company scrapped its current facilities to set up the new line. Thus the new line will upgrade the company’s overall capacity completely to the new mono PERC and TopCon technology.
Websol Energy Systems reported a revenue from operations of INR 0.33 crore in the third quarter of the financial year 2022-23, a significant decline compared to INR 13.55 crore reported in the second quarter.
The company clarified that “the decline was primarily due to the 250 MW cell line being discontinued as a part of the process to graduate towards the new mono PERC technology. On account of this, production had to be discontinued, dismantle the old manufacturing equipment and redesign the shopfloor accordingly.”
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