Vikram Solar has announced that it was awarded the ‘Leading Renewable Energy Manufacturer – Solar’ award at the Renewable Energy India Expo 2015 (REI). The 9th edition of the Expo was held at the India Expo Center, Greater Noida between 23rd and 25th September. The only tier 1 module manufacturer from India (Bloomberg rating) was recognized by key industry professionals as the winner in the Solar Manufacturing category.
REI is the world’s 2nd largest event in the Renewable Energy Space. REI Expo 2015 was able to attract investors from various states & countries and crossed 22,000 plus visitors over the 3 days and by that created a record. With multiple country participation, the event witnessed showcase of best of technology, cost effective solutions, participation of industry leaders and a content rich conference.
Mr. Gyanesh Chaudhary, CEO and Managing Director, Vikram Solar commented, “We are proud to receive this acknowledgement from REI, which is one of the leading platforms on energy in the world. I believe that India is at the crossroads of an energy revolution and we remain committed to contribute to India’s solar energy mission through our world-class manufacturing capability and high-reliability solar PV modules.”
Vikram Solar is on its course to contribute significantly to the 100 GW solar targets in the coming years. With the company’s module manufacturing capacity ramped up to 500 MW in September 2015; it is projected to reach 1.2 GW by end of 2018.
Mr. Ivan Saha, President and Chief Technology Officer, Vikram Solar said, “Solar module manufacturers are at a critical position within the industry as they get to determine cost benchmarks vis-à-vis quality, which eventually defines the future of India’s solar projects. As the Indian solar industry expands rapidly and technology evolves, it will be important to increase focus on module quality like never before. With 60% of project cost attributed to modules, needless to say the module needs to be of highest international standards
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