Vikram Solar planning for cell manufacturing joint venture to cater growing demand for cells made in India
Kolkata/India, Nov. 27, 2014. Kolkata based Tier 1 manufacturer Vikram Solar is looking to expand their upstream footprint by getting into solar cell production as well.
The internationally active manufacturer of PV modules and EPC solutions provider is revealing its current expansion plans. Besides their plans to expand their module production capacity to 350MW cumulative by Q2 2015 and 600MW cumulative by Q4 2015, it is currently evaluating several options including joint venture agreements with leading global cell players to set up a 250 MW cell manufacturing plant by Q1 2016 to cater to the ever increasing demand for cells made in India.
About Vikram Solar
The TIER 1 module manufacturer Vikram Solar is headquartered in Kolkata, India, with subsidiaries in North America, Europe and Africa. The company is part of the 40-year old Vikram Group. The production facilities are located in the Special Economic Zone of Falta in West Bengal. Here, Vikram Solar has been manufacturing mono- and polycrystalline modules ranging from 5 Wp to 300 Wp since 2009. The company also offers a comprehensive selection of services, ranging from project development to the installation and maintenance of solar power plants.