Websol Energy System Ltd. (formerly Websol Energy Systems Ltd.) was born with a vision to address global energy needs by providing cost effective renewable energy. The company was incorporated in 1990 by Mr. S.L. Agarwal and began production in 1994.
The initial days were difficult since the technology to produce photovoltaic cells was not available locally and the output of the cells was low. Helios technology of Italy chipped in with the technical know-how. But since there was no ready market even the banks and institutions were not willing to fund the project. The government subsidies that came in helped the company find its feet.
The initial team of 16 people fought a hard battle to implement the processes thereby transforming a Rs. 1 crore company to a Rs. 100 crore enterprise with a team of 160 people.
Another key member of the team at Websol is Mrs. Vasanthi who joined as technical head. In 1994 she received training in Italy on Solar PV manufacturing processes of cells and modules and is a pillar of strength in the company. She has built a team of highly qualified personnel in manufacturing cells and modules and developed quality management in the organization.
With the growing need for renewable energy in the domestic and international market, Mr S. L. Agarwal has put the foundation stone for a new 120 MW Solar PV cells & modules facility at Falta, West Bengal in 2006.