Vikram Solar

Last updated

Vikram Solar Limited
Company type Limited company
Industry Solar energy
Founded2006;18 years ago (2006)
FounderGyanesh Chaudhary
Headquarters"The Chambers", 8th Floor, 1865, Rajdanga Main Road, ,
India [1]
Area served
Worldwide
Key people
Gyanesh Chaudhary
(MD) [2]
Products Solar modules
ServicesSolar project engineering and construction
RevenueUS$ $283.9M [3]
Website www.vikramsolar.com

Vikram Solar Limited is an Indian company based in Kolkata. It is one of the largest solar module manufacturers in India (by capacity), with 3.5 GW module manufacturing capacity annually [4] and the second-largest solar energy company in India by revenue. [5] The company's primary business focus is manufacturing solar PV modules, and also carrying out engineering, procurement, and construction services and operations, and maintenance of solar power plants. [6] [7] [8] [9]

Contents

History

Vikram Solar was founded in 2006 by Gyanesh Chaudhary [10] as a manufacturer of solar modules. It has since moved into engineering, procurement, and construction management, and solar power plant operations and maintenance. [11] [12] In 2015 the company completed the first floating solar power plant in India. [13]

In February 2014, the company was listed as India's only Tier 1 module manufacturer by Bloomberg New Energy Finance. [14]

In October 2015, the company concluded an agreement with British Solar Renewables (BSR) to supply modules with a total output of 30 MW. [15]

In April 2015, Vikram Solar's modules received the "Excellent Performance" certificate. [16]

In December 2015, the company contributed to the commissioning of India's largest rooftop airport installation in Kolkata. [17]

In January 2016, the company became one of three solar players in the India's Solar Photovoltaic Market Outlook. [18]

In February 2016, the company partnered with Powertech Africa, an African distributor of energy technology, thereby entering 14 new markets in Sub-Saharan Africa, including Botswana, Zimbabwe, and Tanzania. Vikram Solar already operates offices in Kenya, Uganda, and South Africa. [19]

In June 2016, the company won the National Excellence Award. [20]

In September 2016, Vikram Solar signed an MoU with teamtechnik. [21]

In October 2016, Vikram launched a strategic cooperation to enter the Finnish market. [11]

In November 2016, Vikram Solar announced an MoU with the Indian Institute of Engineering Science and Technology (IIEST) at the Rashtrapati Bhavan. [12]

In June 2017, with a manufacturing capacity of 1 GW, the company had become one of the largest solar module manufacturers in India. [13]

In July 2017, Vikram Solar modules became one of the top-performing modules by DNV GL testing standards. [22]

In October 2017, Vikram Solar launched the new monocrystalline product line SOMERA. [23]

In January 2018, Mr. Gyanesh Chaudhary was appointed as the Chairman of the Renewable Energy & Energy Storage Division of IEEMA. [24]

In February 2018, the company opened a sales office in Massachusetts, United States. [25]

In March 2018, Vikram Solar tied up with France's CEA to drive innovative technology research and development. [26]

In May 2018, Vikram Solar opened an office in Gurgaon. [27]

In June 2018, the company announced to launch of a Tigo-integrated Smart module called SOLIVO at Intersolar Munich 2018. [28]

In September 2018, Vikram Solar launched a half-cut cell module at REI 2018. [29]

In January 2019, the company won a contract to install a 140 MW Solar Project for the NTPC. [30]

In April 2020, the company bagged a 300 MW project from National Thermal Power Corporation Limited, (NTPC) [31]

In March 2020, the company ranked 32 on Fortune India's Next 500 list [32]

In December 2020, the company commissioned 919.73 kWp rooftop plant to power a part of our solar manufacturing in Falta, West Bengal [33]

In January 2021, the company launched the highly advanced new M6 cell series modules as first Tier 1 company in India [34]

In May 2021, Vikram Solar commissioned (140+85) 225 MW plant for NTPC in Uttar Pradesh largest in the state [35]

In May 2021, Vikram Solar continued to be the 'Top Performer' in PVEL PQP Reliability Scorecard for the 4th time in last 5 years [36]

In June 2021, Vikram Solar crossed 3 GW capacity in terms of modules shipped globally [37]

In July 2021, Vikram Solar becomes India's largest module manufacturer with up to 2.5 GW capacity; inaugurates 1.3 GW module manufacturing facility [38]

Projects

Below are some of Vikram Solar's project references:

India

Abroad

Vikram Solar Supplied 4.3 MW of Modules for a solar farm in Ware, Massachusetts, United States.

Vikram Solar Supplied 52.6 MW of Modules to Southern Current, United States. [53]

4.2 MW project commissioned in the US with Vikram Solar modules. [54]

312 kWp solar system installed by Finnwind Oy with Vikram Solar modules at Helsinki-Vantaa Airport. [55]

Recognition

In 2020

In 2019

In 2018

In 2017

In 2016

See also

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References

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