Vikram Solar signs 350 MW module supply deal with US customer


Vikram Solar, a module manufacturer and comprehensive EPC solar solutions provider in India, has landed a 350 MW module supply order from a leading independent power producer in the United States. The company will supply these modules for a project located in the state of Arizona.

With this order win, Vikram Solar’s consolidated export portfolio in the US now stands at around 700 MW across Arizona, Texas, and the West Coast.

“According to the International Energy Agency, over the next 4-5 years, the United States has the potential of adding up to 20-25 GW of solar energy annually. We are witnessing the increasing demand for high-quality Indian-made modules in the US aligned to the clarion call of diversifying sourcing policies,” said Gyanesh Chaudhary, vice chairman and managing director of Vikram Solar.

“Our established presence and experience in the US give us the competitive edge to capitalize on the opportunities. We are focused on further strengthening our market share in the US and catering to the utility, commercial, as well as residential customers.”

Vikram Solar is headquartered in Kolkata, West Bengal, with a cumulative production capacity of 2.5 GW (including trial production). It has a solar EPC portfolio of 1.42 GW (commissioned and under-execution projects).

Vikram Solar is a ‘Top Performer’ in PVEL’s PV module reliability scorecard and has been included in the Tier 1 solar PV modules manufacturer list of BloombergNEF.

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