MoU15 Nov 2025, 06:52 pm
Websol Energy System Ltd Enters MoU with Andhra Pradesh Economic Development Board for 4 GW Solar Cell and Module Expansion Plan
AI Summary
Websol Energy System Ltd, a leading manufacturer of high-efficiency solar cells and modules, has entered into a Memorandum of Understanding (MoU) with Andhra Pradesh Economic Development Board (APEDB) for the initial stage of a 4 GW solar cell and module manufacturing facility in Andhra Pradesh. This move is a part of Websol's strategic growth plans and vision to contribute to India’s clean energy leadership.
Key Highlights
- Websol Energy System Ltd enters into MoU with APEDB for a 4 GW solar cell and module manufacturing facility in Andhra Pradesh.
- This is an initial stage of Websol's strategic growth plans and vision to contribute to India’s clean energy leadership.
- Websol Energy System Ltd is a leading manufacturer of high-efficiency solar cells and modules.
- The MoU is signed by Websol Renewables Private Limited, a wholly owned subsidiary of Websol.
- Websol Energy System Ltd plans to bring its total capacity to 5.2 GW with this expansion.