Image default
BUSINESSIndiaPEOPLE & TRENDSETTERS

Vikram Solar Achieves 10 GW Global Deployment Milestone; Doubles Capacity in Just Two Years

  • Now powering over 5 million Indian homes, reinforcing its growing role in India’s clean energy transition
  • Capacity doubled from 5 GW to 10 GW in two years
  • 1.5 GW exports across 39 countries, strengthening global footprint

In a move that cements its position as a titan of the renewable energy sector, Vikram Solar has officially crossed the 10 GW milestone in cumulative global solar module deployments. This achievement is highlighted by an extraordinary growth spurt, with the company doubling its capacity from 5 GW to 10 GW in only 24 months. Now powering more than 5 million Indian homes, the Kolkata-based manufacturer is not only fueling India’s domestic clean energy transition but is also emerging as a pivotal force in the global shift toward sustainability.

India’s solar sector has witnessed remarkable expansion over the years, growing at record speed and has now successfully crossed the 150 GW capacity mark. Vikram Solar has played a pivotal role in this transformation, leveraging nearly two decades of manufacturing excellence and execution expertise to deliver high-performance solar solutions at scale.

While a majority of deployments are in India, Vikram Solar has steadily expanded its global footprint, with approximately 1.5 GW of exports contributing to its presence across 39 countries. The achievement places the company among a select group of global manufacturers, with a footprint extending well beyond India, and highlights its growing role in shaping the clean energy transition.

This milestone is further reinforced by Vikram Solar’s legacy of innovation and industry leadership. From delivering the world’s first fully solarised airport in Cochin to commissioning early floating solar installations in India, the company has consistently been at the forefront of technology adoption. Its early inclusion in the BloombergNEF Tier 1 list, continued recognition in the KIWA PVEL module reliability scorecard over multiple years, and the EcoVadis ‘Platinum’ rating collectively reflect a strong commitment to quality, reliability, and sustainability. The company has also been among the first in India to introduce next-generation module technologies such as half-cut cells, reinforcing its focus on performance and efficiency.

Vikram Solar has built 9.5 GW of module manufacturing capacity across West Bengal and Tamil Nadu, with a 5 GW facility in Vallam, Tamil Nadu, that stands out for its advanced automation and next-generation manufacturing systems. As part of its backward integration strategy, the Gangaikondan site will scale up to include 6 GW of modules and 12 GW of cell capacity. The company is also expanding into energy storage through VSL Powerhive, with a planned 5 GWh BESS facility by FY27, alongside VION, its lithium battery brand for residential and mobility backup solutions.

Mr. Gyanesh Chaudhary, Chairman and Managing Director, Vikram Solar, said, “Crossing the 10 GW deployment milestone is not just a moment of pride for Vikram Solar, but also a reflection of how rapidly solar energy is reshaping the global energy landscape. At Vikram Solar, our focus remains on advancing high-efficiency technologies, strengthening manufacturing capabilities, and deepening backward integration as we enter the next chapter of our growth. This will enable us to contribute meaningfully to the scale, resilience, and reliability the global energy transition demands.”

As Vikram Solar marches toward its next frontier of backward integration and energy storage, this 10 GW milestone stands as a testament to an Indian legacy that isn’t just following the global energy transition—it is actively leading it.

Related posts

Orient Technologies Ltd’s IPO to Open on August 21, 2024 | Price Band Set at ₹ 195/- to ₹206/- per Equity Share

Saveeta Bajaj

India Unites to #BoycottTurkey and #BoycottAzerbaijan After Operation Sindoor: Travel, Trade, and Film Industries Lead the Charge

Saveeta Bajaj

MTV to host 3 new reality shows – INTM Season 4, Elovator Pitch & Ace of Space.

Saveeta Bajaj

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.