Chennai, India-based SWELECT Energy Systems Ltd., Solar PV modules manufacture, has secured orders for over 150 MW of TOPCon Bi-facial solar PV modules. All modules passed testing by TÜV and other labs. The company also raised INR 290 crore (~$33,32 million) through Non-Convertible Debentures (NCDs) with India Infradebt Limited, using part of its solar assets as security. This freed INR 260 crore (~$29.87 million) in cash, which will be used to expand its solar power capacity to 1 GW by 2026-27.