Vikram Solar

Vikram Solar Limited is an Indian company based in Kolkata and the second-largest solar energy company in India by revenue. The company’s primary business focus is manufacturing solar PV modules and also carries out engineering, procurement and construction services and operations & maintenance of solar power plants. It is a subsidiary of Vikram Group, which also has subsidiaries in the tea processing, textiles and engineering industries.

History
Vikram Solar was founded in 2006 by Gyanesh Chaudhary as a manufacturer of solar modules, and it has since moved into Engineering, procurement, and construction management, and solar power plant operations & maintenance. In 2015 the company completed the first floating solar power plant in India.

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

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

In April 2015, Vikram Solar’s modules received the “Excellent Performance” certificate.

In December 2015, The company commissioned India’s largest rooftop airport installation in Kolkata.

In January 2016, The company became one of three solar players by India Solar Photovoltaic Market Outlook.

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.

In June 2016, the company won the National Excellence Award.

In September 2016, Vikram Solar signed a MoU with teamtechnik.

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

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

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

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

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

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

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

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

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

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

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

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

Projects
Below are some of Vikram Solar's project references:

India

 * 200 MW- Anatapuramu, Andhra Pradesh (2018)
 * 20MW - Ayodhya, Uttar Pradesh (2019)
 * 10 MW – Itrasi, Madhya Pradesh (2018)
 * 10 MW – Dhaej, Gandhar, Hazira (2018)
 * 1461 kW Rooftop – Gujarat (2018)
 * 350 kW Rooftop – Cossipore (2018)
 * 100 kW Rooftop – Haryana (2018)
 * 130 MW – Rajasthan (2017)
 * 80 MW – Charanka, Gujarat (2017)
 * 20 MW – Karnataka (2017)
 * 10 MW – Tirupati, Andhra Pradesh (2017)
 * 100 kW Rooftop – Patna (2017)
 * 10 kW Floating Solar Plant – Kolkata (2015)

Abroad
Vikram Solar Supplied 52.6 MW of Modules to Southern Current, USA.

4.2 MW project commissioned in the USA with Vikram Solar modules.

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

Recognition
In 2019


 * Active Customer Engagement Award from CII on 22 January
 * India Rooftop Solar Congress Leadership Awards 2018 by Solar Quarter on 17 January
 * CBIP Awards from Power Minister Shri R.K. Singh on 4 January
 * India’s Most Preferred Brands Award on 3 January

In 2018


 * No. 1 Solar Panel Manufacturer of the year and No. 1 Grid Sharing Solar PV Power Solution Provider of The Year award from Soft Disk on 8 December
 * Dare-to-Dream Awards, Kolkata manufacturing leadership awards and Kolkata Best Employer Brand Awards on 30 October
 * Leading RE Manufacturer Awards from REI event on 17 September
 * Solar Module Company of the Year & Rooftop Solar EPC Company of the Year award by Solar Quarter on 18 January
 * Fastest Growing Company by ET Bengal Corporate Awards on January

In 2017


 * Gold Certificate of Merit by Frost & Sullivan on 13 December
 * Kolkata Best Employer Brand awards by Employer Branding Institute India on 8 November
 * Leading Renewable Energy Manufacturer Solar Module Awards by REI on 20 September
 * CEO & MD of Vikram Solar, Mr. Gyanesh Chaudhary was conferred with Emerging Leader Award by CMA on 16 March

In 2016


 * Fastest growing company in INR 300-1000 crore category by Economic Times of India
 * National excellence award for Rooftop Solar Power Projects in the Domestic Solar Module Manufacturers Category by MNRE on 13 June