CONNECT WITH US
Climate & Energy

Climate & Energy

Websol secures land for 4GW solar cell, module manufacturing plant in West Bengal

PV Tech logo

Published on

Add as a preferred source on Google
Websol secures land for 4GW solar cell, module manufacturing plant in West Bengal

The new solar cell and module assembly plant will be located close to the existing solar manufacturing operations at the Falta Special Economic Zone. At the existing site, Websol currently has 1.2GW of passivated emitter rear contact (PERC) cell manufacturing capacity in operation, which are on the government’s Approved List of Models and Manufacturers (ALMM), and a module annual nameplate capacity of 500MW.

According to the Indian PV manufacturer, the decision to expand its manufacturing footprint in West Bengal allows the company to access a readily available base of skilled workers, established supplier relationships and familiarity with the ecosystem.

The company secured the land for its solar manufacturing expansion nearly a month after it changed the location of the 4GW solar cell and module manufacturing facility from the state of Andhra Pradesh to West Bengal.

At the time, the company said that the relocation would not affect the timeline for the INR30 billion (US$310 million) expansion. The first phase of the project is forecast to begin operations in June 2027, while the second phase is scheduled for the year after, in June 2028.

Websol’s solar cell and module manufacturing expansion is among a long list of Indian companies building or commissioning capacity across the country in recent months. At the module level, the country has surpassed 233GW of annual nameplate capacity, according to a joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics.

This represents more than threefold the current demand in India for solar PV, which, according to IEEFA and JMK Research, stands at 65GW.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.