Websol Energy’s stock saw a sharp jump of over 14% today after the company announced an important strategic development in its solar manufacturing journey. As of 1:41 PM, the shares were trading 12.78% higher at Rs 114.19.
In a press release dated December 2, 2025, the company confirmed that it has signed a Memorandum of Understanding (MoU) with Linton, a globally recognised name in PV ingot and wafer equipment technology.
The move signals a major push toward deeper backward integration for Websol, especially at a time when India is accelerating efforts to localise the entire solar value chain. Under the MoU, Websol and Linton will work together to explore manufacturing opportunities for photovoltaic (PV) ingots and wafers in India. These two components form the backbone of the upstream solar manufacturing process, and bringing them under domestic production is expected to significantly enhance India’s self-reliance in renewable energy technologies.
According to the announcement, Websol plans to source state-of-the-art ingot and wafer manufacturing equipment directly from Linton. In return, Linton will provide comprehensive technical support, including training, skill development, and operational optimisation guidance for Websol’s engineering team. This collaboration is designed to ensure a smooth transfer of technology and faster adoption of advanced PV manufacturing processes within India.
Linton Crystal Technologies, headquartered in Rochester, New York, brings decades of expertise to the table. Known worldwide for its Czochralski (CZ) furnaces, high-precision process control systems, and advanced crystal growth equipment, the company has built a strong reputation in the photovoltaic sector. Its solutions play a crucial role in enabling efficient, high-quality production of solar ingots and wafers, making Linton a preferred partner for many global solar manufacturers.
Websol believes that this partnership perfectly aligns with India’s broader renewable energy ambitions, particularly the government’s push to reduce import dependence and strengthen domestic solar capability. With India rapidly expanding its solar power capacity, investments in upstream manufacturing such as ingots and wafers are becoming increasingly important for long-term energy security and supply-chain stability.