en.Wedoany.com Reported - Indian photovoltaic company Vikram Solar recently announced that its global cumulative photovoltaic module deployment has reached 10 GW. The company noted that this installed capacity is equivalent to over 25 million modules, sufficient to meet the electricity needs of more than 5 million households in India. The cumulative deployment doubled from 5 GW to 10 GW in just two years, demonstrating the company's rapid business growth.

Vikram Solar's global photovoltaic module business now covers 39 countries, with the majority of deployment in its home market of India, while also exporting approximately 1.5 GW of modules. The company operates manufacturing facilities in Falta, West Bengal, and Oragadam and Varanam in Tamil Nadu, with a total module manufacturing capacity of 9.5 GW, including a 5 GW facility in Varanam.

To expand its global photovoltaic module business, Vikram Solar is advancing its capacity expansion and backward integration plans, including the construction of 6 GW module capacity and 12 GW cell capacity at its Gangai Kondon site. Furthermore, the company has entered the energy storage sector through VSL Powerhive, planning to establish a 5 GWh battery energy storage system facility by FY 2027, and offers residential and mobile backup lithium battery solutions through its VION brand.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com