Vikram Solar bags 350-MW module supply order from US
POWER & RENEWABLE ENERGY

Vikram Solar bags 350-MW module supply order from US

Vikram Solar, a solar module manufacturer, has been awarded a 350-megawatt module supply order from an independent power producer (IPP) in the United States.

“We are witnessing increasing demand for high-quality Indian-made modules in the US … we are focused on further strengthening our market share in the US and catering to utility, commercial as well as residential customers,” said Gyanesh Chaudhary, vice-chairman and managing director, Vikram Solar.

The project will be located in Arizona. A company release added that its consolidated export portfolio in the US now stands at about 700 MW across Arizona, Texas, and the West Coast.

According to the International Energy Agency (IEA), over the next four to five years the US has the potential of adding up to 20-25 GW of solar energy annually.

See also:
KPI acquires 4.20 MW wind-solar hybrid power project
SECI to set up energy storage systems; invites R&D proposals


Vikram Solar, a solar module manufacturer, has been awarded a 350-megawatt module supply order from an independent power producer (IPP) in the United States. “We are witnessing increasing demand for high-quality Indian-made modules in the US … we are focused on further strengthening our market share in the US and catering to utility, commercial as well as residential customers,” said Gyanesh Chaudhary, vice-chairman and managing director, Vikram Solar. The project will be located in Arizona. A company release added that its consolidated export portfolio in the US now stands at about 700 MW across Arizona, Texas, and the West Coast. According to the International Energy Agency (IEA), over the next four to five years the US has the potential of adding up to 20-25 GW of solar energy annually.See also: KPI acquires 4.20 MW wind-solar hybrid power projectSECI to set up energy storage systems; invites R&D proposals

Next Story
Building Material

JK Cement emerges successful bidder for Mahan coal mine in Madhya Pradesh

This marks the company’s second commercial coal block win, following its acquisition of the West of Shahdol (South) coal block. "The company is committed to becoming self-reliant for its existing cement plants and upcoming projects," JKC stated. The surplus coal from the mine will be sold commercially. The vesting order was handed over to JK Cement during a ceremony at Shastri Bhawan, New Delhi, a critical milestone for commencing mining operations within the stipulated timeline...

Next Story
Building Material

Prism Johnson's cement division goes live with Ramco ERP Suite

Prism Johnson has successfully gone live with the Ramco ERP Suite for its Cement Division. This milestone marks a significant step in Prism Johnson's digital transformation journey, leveraging Ramco Systems' advanced enterprise solutions and process control systems to streamline business processes, manufacturing operations and drive efficiency. The implementation includes cutting-edge modules for Maintenance, Sales, Distribution, Finance, Procurement, Manufacturing, Quality, and HR Management (HRM). These solutions enable Prism Johnson to achieve seamless integration across its business and wo..

Next Story
Infrastructure Urban

Indian shadow bank Shriram Finance gets record $1.28 billion loan

Shriram Finance Ltd. is reported to have borrowed $1.28 billion in a multi-currency social loan, marking the largest offshore facility ever undertaken by an Indian shadow lender. According to a press release issued by Shriram, the deal is divided across the dollar, euro, and dirham. Sources familiar with the transaction, who wished to remain anonymous, indicated that the tenors in the multi-tranche deal range from three to five years. This loan adds to the surge of offshore debt sales by Indian shadow lenders this year, a trend prompted by the Reserve Bank of India's tightening of rules in Nov..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000