Vikram Solar Awarded 350 MW Module Supply Order in US

Highlights :

  • The order from a leading Independent Power Producer further strengthens Vikram Solar’s presence in the US, the firm claims.
  • Module exports from India have been strong at a time the market faces a severe shortage of quality modules. the issue is better margins for domestic producers in the US and European markets.
Vikram Solar Awarded 350 MW Module Supply Order in US

Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider has been awarded a 350 MW module supply order from a leading Independent Power Producer (IPP) in the United States (US). The project will be located in the state of Arizona. The firm claims that the order further strengthens Vikram Solar’s presence in the US and is aligned to its commitment to accelerate the clean energy transition in this market.

Speaking on the order win, Gyanesh Chaudhary, Vice Chairman and Managing Director, Vikram Solar, said,We are delighted to win this order from one of the leading US IPP. It is a testament of the quality, innovation, consistent performance, and reliability of our solar PV modules. We thank our customer for their trust and confidence in our technologically advanced products. We endeavor to contribute towards harnessing the solar potential in the United States and strengthen the country’s energy security. 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.”

He further stated, “We are witnessing the increasing demand for high-quality Indian-made modules in the US aligned to the clarion call of diversifying sourcing policies. 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 cater to the utility, commercial as well as residential customers.”

As per Vikram Solar, it was the first Indian solar manufacturer to be recognized in PV Evolution Labs (PVEL) PV Module Reliability Scorecard in 2017. It has claimed the position of the ‘Top Performer’ in the PVEL PV Module Reliability Scorecard for four consecutive years and five times in the last six years.

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