Vikram Solar
{{short description|Indian solar energy company}}
{{Use dmy dates|date=June 2018}}
{{Use Indian English|date=June 2018}}
{{Infobox company
| name = Vikram Solar Limited
| trading_name =
| logo = Vikram Solar logo.svg
| logo_size =
| logo_alt =
| logo_caption =
| logo_padding =
| image =
| image_size =
| image_alt =
| image_caption =
| type = Limited company
| traded_as =
| ISIN =
| founded = {{Start date and age|2005}}
| founder = Gyanesh Chaudhary
| hq_location = "The Chambers", 8th Floor, 1865, Rajdanga Main Road
| hq_location_city = Kolkata, West Bengal
| hq_location_country = India{{cite web | url=https://www.vikramsolar.com/global-presence/ | title=Global Presence | publisher=Vikram Solar | access-date=13 June 2018 }}
| num_locations =
| num_locations_year =
| area_served = Worldwide
| key_people = Gyanesh Chaudhary
(CMD){{Cite web|url=https://www.youtube.com/watch?v=rywAyBKRNt0|title = BQ Conversations with Vikram Solar's MD Gyanesh Chaudhary|website = YouTube| date=20 July 2021 }}
| industry = Solar energy
| products = Solar modules
| production =
| production_year =
| services = Solar Photovoltaic (PV) module manufacturing, project engineering and construction, Operation and Maintenance
| revenue = INR 25,109.90 Million{{cite news|title=Vikram Solar Owler|url=https://www.owler.com/company/vikramsolar#overview|work=Owler}}
| revenue_year = FY 2023-24
| operating_income =
| income_year =
| net_income =
| net_income_year =
| assets =
| assets_year =
| equity =
| equity_year =
| owner =
| members =
| members_year =
| num_employees = 1,513 employees and 728 contractual employees
| num_employees_year = FY 2023-24
| parent =
| divisions =
| subsid =
| module =
| website = {{URL|http://www.vikramsolar.com}}
| footnotes =
| former_name =
}}
Vikram Solar Limited is an Indian company based in Kolkata. It is one of the largest solar module manufacturers in India (by capacity), with 4.5 GW module manufacturing capacity annually.{{Cite news |last1= |first1= |title=Vikram Solar expands manufacturing capacity to 4.5 GW with 1 GW addition |url=https://energy.economictimes.indiatimes.com/news/renewable/vikram-solar-expands-manufacturing-capacity-to-4-5-gw-with-1-gw-addition/118410756 |newspaper=The Economic Times}} The company's primary business focus is manufacturing solar Photovoltaic (PV) modules, and also carrying out engineering, procurement, and construction services and operations and maintenance of solar power plants.{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=131754563|title=Company Overview of Vikram Solar Pvt Ltd|website=Bloomberg Business|access-date=2016-03-29}} {{verify source |date=September 2019 |reason=This ref was deleted Special:Diff/879796237 by a bug in VisualEditor and later restored by a bot from the original cite located at Special:Permalink/878648258 cite #5 - verify the cite is accurate and delete this template. User:GreenC bot/Job 18}}{{cite web|author1=Gireesh Chandra Prasad|title=Vikram Solar to sell shares for expansion|url=http://www.livemint.com/Industry/IThlIcbXsReHNQL8jyDjPL/Vikram-Solar-to-sell-shares-for-expansion.html|publisher=Mint|access-date=30 July 2016|date=15 June 2016}} {{verify source |date=September 2019 |reason=This ref was deleted Special:Diff/879796237 by a bug in VisualEditor and later restored by a bot from the original cite located at Special:Permalink/878648258 cite #6 - verify the cite is accurate and delete this template. User:GreenC bot/Job 18}}{{cite news|title=Vikram Solar commissions 40 MW plant in Madhya Pradesh|newspaper=Business Standard India|url=http://www.business-standard.com/article/news-ians/vikram-solar-commissions-40-mw-plant-in-madhya-pradesh-115051200830_1.html|publisher=Business Standard|access-date=30 July 2016|date=12 May 2015}} {{verify source |date=September 2019 |reason=This ref was deleted Special:Diff/879796237 by a bug in VisualEditor and later restored by a bot from the original cite located at Special:Permalink/878648258 cite #7 - verify the cite is accurate and delete this template. User:GreenC bot/Job 18}}{{cite news|author1=Natalie Obiko Pearson|title=Vikram Solar to Build India's First Floating Solar Plant|url=https://www.bloomberg.com/news/articles/2014-08-12/vikram-solar-to-build-india-s-first-floating-solar-plant|access-date=30 July 2016|work=Bloomberg L.P.|date=12 August 2014}} {{verify source |date=September 2019 |reason=This ref was deleted Special:Diff/879796237 by a bug in VisualEditor and later restored by a bot from the original cite located at Special:Permalink/878648258 cite #8 - verify the cite is accurate and delete this template. User:GreenC bot/Job 18}}
History
Vikram Solar was founded in 2005 by Gyanesh Chaudhary{{Cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=131754563|title=Company Overview of Vikram Solar Pvt Ltd|website=bloomberg.com|access-date=2016-03-29}} as a manufacturer of solar modules. It has since moved into engineering, procurement, and construction management, and solar power plant operations and maintenance.{{Cite news|url=https://economictimes.indiatimes.com/industry/energy/power/vikram-solar-eyes-finnish-markets/articleshow/54938870.cms|title=Vikram Solar eyes Finnish markets|last=Sengupta|first=Debjoy|date=2016-10-19|newspaper=The Economic Times|access-date=2019-09-13}}{{Cite web|url=https://energy.economictimes.indiatimes.com/news/renewable/vikram-solar-signs-mou-with-indian-institute-of-engineering-science-and-technology/55461086|title=Vikram Solar signs MoU with Indian Institute of Engineering Science and Technology|last=Sengupta|first=Debjoy|date=2016-11-16|website=energy.economictimes.indiatimes.com|access-date=2019-09-13}} Vikram Solar commenced manufacturing operations in 2009{{Cite web |title=SEBI {{!}} VIKRAM SOLAR LIMITED |url=https://www.sebi.gov.in/filings/public-issues/oct-2024/vikram-solar-limited_87278.html |access-date=2024-12-02 |website=www.sebi.gov.in}} with an installed solar PV module manufacturing capacity of 12 MW, which has grown to 4.5 GW installed capacity as on March 2024.{{Cite web |last=www.ETEnergyworld.com |title=Vikram Solar expands manufacturing capacity to 4.5 GW with 1 GW addition - ET EnergyWorld |url=https://energy.economictimes.indiatimes.com/news/renewable/vikram-solar-expands-manufacturing-capacity-to-4-5-gw-with-1-gw-addition/118410756 |access-date=2025-03-12 |website=ETEnergyworld.com |language=en}}
The company has existing manufacturing facilities at Falta SEZ in Kolkata, West Bengal and Oragadam in Chennai, Tamil Nadu.
In 2009, Vikram Solar supplied, installed and commissioned 1st phase of 500 KW solar power plant at Solar Park Kottenheim, Germany, its 1st international utility-scale EPC project
In 2011, 3 MW solar plants installed under the National Solar Mission of India
In March 2013, Vikram Solar contributed to the solarisation of World’s 1st solar airport in Kochi, Kerala{{Cite news |date=2015-08-18 |title=Cochin International Airport becomes world's first to operate on solar power |url=https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/cochin-international-airport-becomes-worlds-first-to-operate-on-solar-power/articleshow/48531067.cms?from=mdr |access-date=2024-12-02 |work=The Economic Times |issn=0013-0389}}
In early 2014, the company designed, installed and commissioned India’s 1st ever floating solar plant in Kolkata, WB. In this year, the company was also listed as Tier-1 PV Module Maker in the Bloomberg NEF rankings as of quarter 1 of 2014.{{Cite web |date=2014-02-21 |title=BNEF classifies Vikram Solar as a tier 1 manufacturer |url=http://www.energynext.in/2014/02/bnef-classifies-vikram-solar-as-a-tier-1-manufacturer/ |url-status=dead |archive-url=https://web.archive.org/web/20190419215611/http://www.energynext.in/2014/02/bnef-classifies-vikram-solar-as-a-tier-1-manufacturer/ |archive-date=April 19, 2019 |access-date=2019-09-13 |website=energynext.in}}
2015-2019
In 2015, Vikram Solar reached a production capacity of 500 MW and signed an agreement with British Solar Renewables (BSR) to supply solar modules with a total output of 30 MW.{{Cite web |date=2018-01-23 |title=Vikram Solar wins order from British Solar Renewables |url=https://www.thehindubusinessline.com/companies/vikram-solar-wins-order-from-british-solar-renewables/article7805660.ece |access-date=2019-09-13 |website=thehindubusinessline.com}} The company’s modules were awarded the “Excellent Performance” certificate in April.{{Cite web |date=2015-04-16 |title=CEC Evaluation Confirms Excellent Performance Of Vikram Solar Modules |url=http://www.solardaily.com/reports/CEC_Evaluation_Confirms_Excellent_Performance_Of_Vikram_Solar_Modules_999.html |access-date=2019-09-13 |website=solardaily.com}} The firm also played a key role in the commissioning of India’s largest rooftop solar installation at Kolkata airport the same year in December.{{Cite web |date=2015-12-16 |title=Airport turns greener with 2MW solar plant |url=https://timesofindia.indiatimes.com/city/kolkata/Airport-turns-greener-with-2MW-solar-plant/articleshow/50202437.cms |access-date=2019-09-13 |website=timesofindia.indiatimes.com}}
In 2016, it was recognized as one of the top three solar players in India’s Solar Photovoltaic Market Outlook.{{Cite web |date=2016-05-01 |title=Research and Markets: India Solar Photovoltaic Market Outlook, 2021 - Emmvee, TATA BP Solar and Vikram Solar are the Leading Players |url=https://www.businesswire.com/news/home/20160105005935/en/Research-Markets-India-Solar-Photovoltaic-Market-Outlook |access-date=2019-09-13 |website=businesswire.com}} In February of the same year, Vikram Solar expanded its presence in Sub-Saharan Africa through a partnership with Powertech Africa, entering 14 new markets, including Botswana, Zimbabwe, and Tanzania in February. This added to its existing offices in Kenya, Uganda, and South Africa.{{Cite news |last=Sengupta |first=Debjoy |date=2016-02-10 |title=Vikram Solar expands to 14 new Sub-Saharan countries |url=https://economictimes.indiatimes.com/industry/energy/power/vikram-solar-expands-to-14-new-sub-saharan-countries/articleshow/50857172.cms |access-date=2019-09-13 |newspaper=The Economic Times}} The company also won the National Excellence Award{{Cite news |date=2016-06-11 |title=Solar Power: Vikram Solar has received the National Excellence Award 2016 |url=https://35bjjk3fzaio4epare24j5l9-wpengine.netdna-ssl.com/wp-content/uploads/2016/06/The-Statesman_-National-Excellence-Award.pdf |access-date=2019-09-13 |publisher=The Statesman}} and signed an MoU with [https://www.teamtechnik.com teamtechnik].{{Cite web |date=2016-09-07 |title=Vikram Solar signs MoU with teamtechnik |url=http://www.epcworld.in/p/post/vikram-solar-signs-mou-with-teamtechnik |access-date=2019-09-13 |website=epcworld.in}} in the following months. In the month of October, Vikram Solar formed a strategic cooperation to enter the Finnish market and later that year, in November, signed a MoU with the Indian Institute of Engineering Science and Technology (IIEST) at the Rashtrapati Bhavan.
In 2017, the company reached a manufacturing capacity of 1 GW,{{Cite web |date=2018-01-12 |title=Vikram Solar scales up manufacturing capacity to 1GW |url=https://www.thehindubusinessline.com/companies/vikram-solar-scales-up-manufacturing-capacity-to-1gw/article9726016.ece |access-date=2019-09-13 |website=thehindubusinessline.com}} and by July of the same year, its modules became one of the top performers according to DNV GL testing standards.{{Cite web |last=Gupta |first=Anand |date=2017-07-03 |title=Vikram Solar modules among the top performers of 2017 |url=https://www.eqmagpro.com/vikram-solar-modules-among-the-top-performers-of-2017/ |access-date=2019-09-13 |website=eqmagpro.com}}
Vikram Solar’s growth continued into 2018, with Mr. Gyanesh Chaudhary being appointed Chairman of the Renewable Energy & Energy Storage Division of IEEMA in January.{{Cite web |last=Gupta |first=Anand |date=2018-01-03 |title=Mr. Gyanesh Chaudhary appointed as the Chairman of Renewable Energy & Energy Storage Division of IEEMA |url=http://www.eqmagpro.com/mr-gyanesh-chaudhary-appointed-as-the-chairman-of-renewable-energy-energy-storage-division-of-ieema/ |access-date=2019-09-13 |website=eqmagpro.com}} The company expanded internationally, opening a sales office in Massachusetts, USA in February{{Cite web |last=Pickerel |first=Kelly |date=2018-02-15 |title=Indian panel manufacturer Vikram Solar opens Massachusetts sales office |url=https://www.solarpowerworldonline.com/2018/02/indian-panel-manufacturer-vikram-solar-opens-massachusetts-sales-office/ |access-date=2019-09-13 |website=solarpowerworldonline.com}} and partnering with France’s CEA in March to drive innovative technology research.{{Cite news |date=2018-03-11 |title=Vikram Solar ties up with France's CEA |url=https://www.business-standard.com/article/pti-stories/vikram-solar-ties-up-with-france-s-cea-118031100269_1.html |access-date=2019-09-13 |newspaper=Business Standard India |agency=Press Trust of India}} The firm established an office in Gurgaon{{Cite web |last=Gupta |first=Anand |date=2018-05-30 |title=Vikram Solar opens office in Gurgaon to better serve the demanding solar market |url=http://www.eqmagpro.com/vikram-solar-opens-office-in-gurgaon-to-better-serve-the-demanding-solar-market/ |access-date=2019-09-13 |website=eqmagpro.com}} and launched the Tigo-integrated Smart module called SOLIVO at Intersolar Munich in the following months.{{Cite web |date=August 2018 |title=Vikram Solar launches Tigo-integrated SOLIVO smart modules |url=https://renewablewatch.in/2018/08/22/vikram-solar-launches-tigo-integrated-solivo-smart-modules/ |access-date=2019-09-13 |website=renewablewatch.in}} The half-cut cell module was unveiled as well by the firm at REI 2018 and they also commissioned a 200 MW plant in Andhra Pradesh for a solar power generation company.{{Cite web |last=Gupta |first=Anand |date=2018-09-17 |title=Vikram Solar launches half-cut-cell module at REI 2018 |url=https://www.eqmagpro.com/vikram-solar-launches-half-cut-cell-module-at-rei-2018/ |access-date=2019-09-13 |website=eqmagpro.com}}
In 2019, Vikram Solar secured a contract to install a 140 MW solar project for NTPC and commissioned East India’s largest single shed rooftop project of 2.15 MW.{{Cite news |date=2019-01-02 |title=Vikram Solar gets 140-MW unit order from NTPC |url=https://www.business-standard.com/article/pti-stories/vikram-solar-gets-140-mw-unit-order-from-ntpc-119010200701_1.html |access-date=2019-09-13 |newspaper=Business Standard India |agency=Press Trust of India}}
2020-Present
In 2020, the company secured a 300 MW project from National Thermal Power Corporation Limited (NTPC).{{Cite news |date=7 April 2020 |title=300 MW project bagged |url=https://www.business-standard.com/article/companies/tata-power-solar-bags-300-mw-plant-project-from-ntpc-worth-rs-1-730-cr-120040700527_1.html |newspaper=Business Standard India}} It also ranked 32nd on Fortune India's Next 500 list in March.{{Cite web |title=Ranked in Fortune Next 500 list |url=https://www.fortuneindia.com/next-500/company/vikram-solar?year=2020}} By December, Vikram Solar had commissioned a 919.73 kWp rooftop plant in Falta, West Bengal, to power part of its solar manufacturing operations.{{Cite news |title=Walking the talk with solar plant on manufacturing facility |url=https://economictimes.indiatimes.com/industry/energy/power/vikram-solar-commissions-over-900-kw-solar-plant-at-falta-unit-in-west-bengal/articleshow/79923824.cms?from=mdr#:~:text=in%20a%20statement.-,%22Vikram%20Solar%20commissioned%20a%20919.73%20KWp%20(kilowatt%20peak)%20rooftop,area%20of%206%2C500%20square%20meters. |newspaper=The Economic Times}}
The company launched the M6 cell series modules in 2021 becoming the first Tier 1 solar company in India to do so.{{Cite web |title=M6 cell module launch |url=https://www.vikramsolar.com/series-6-m6-products/}} It also commissioned a 225 MW plant for NTPC in Uttar Pradesh, the largest in the state,{{Cite web |date=12 May 2021 |title=225 MW solar project commissioned |url=https://www.pv-magazine-india.com/2021/05/12/vikram-solar-commissions-largest-single-site-pv-project-of-uttar-pradesh/}} and continued its streak as a 'Top Performer' in the PVEL PQP Reliability Scorecard for the fourth time in five years.{{Cite web |date=28 May 2021 |title=PVEL recognition |url=https://www.vikramsolar.com/press-releases/vikram-solar-continues-to-be-the-top-performer-in-pvels-pv-module-reliability-scorecard-for-3rd-consecutive-year/}} By June, the company surpassed 3 GW in terms of modules shipped globally{{Cite web |title=Module supply data across the world |url=https://energy.economictimes.indiatimes.com/news/renewable/vikram-solar-inaugurates-1-3-gw-module-manufacturing-unit-in-tamil-nadu/84586188}} and Vikram Solar became India’s largest module manufacturer with up to 2.5 GW capacity and inaugurated a 1.3 GW module manufacturing facility in Chennai.{{Cite web |title=Largest solar manufacturer in India |url=https://energy.economictimes.indiatimes.com/news/renewable/vikram-solar-inaugurates-1-3-gw-module-manufacturing-unit-in-tamil-nadu/84586188}}
In 2022, Vikram Solar reached a milestone of 2.5 GW in module production capacity. The company also secured a 350 MW module supply contract in the US and achieved certifications for its M10 and G12 cell modules from TUV Rheinland and UL 61730:2022 for its factories in Panaiyur Village, Kanchipuram, and Falta SEZ.
In 2023, the company increased its module production capacity to 3.5 GW and received accreditation from NABL in accordance with ISO/IEC 17025:2017, becoming the second solar company in India and the first in Eastern India to achieve this.
Vikram Solar became India’s only Tier 1 module manufacturer and was featured in BNEF’s list in 2024. It also secured the 'Top Performer' position from KIWA PVEL for the seventh time in eight years. Additionally, it launched n-type monocrystalline cell modules and heterojunction (HJT) PV modules. It is also moving towards a vertically integrated setup with plans to establish a 3 GW solar cell manufacturing facility in Tamil Nadu and a 3 GW solar manufacturing facility in the US.
Projects
Vikram Solar has more than 275 projects which have been executed or are under execution with an aggregate capacity of 1.03 GW, as of March 31, 2024.
Below are some of Vikram Solar's project references:
= India =
- 300 MW- Nokhra, Rajasthan (2023)
- 225 MW {{En dash}} bilhaur, Uttar Pradesh (2021){{Cite web |date=2021-05-12 |title=Vikram Solar commissions largest single-site PV project of Uttar Pradesh |url=https://www.pv-magazine-india.com/2021/05/12/vikram-solar-commissions-largest-single-site-pv-project-of-uttar-pradesh/ |access-date=2024-03-05 |website=pv magazine India |language=en-US}}
- 200 MW {{En dash}} Anatapuramu, Andhra Pradesh (2018){{Cite web|url=https://www.pv-magazine-india.com/2019/02/19/vikram-solar-commissions-200-mw-solar-project-for-apgenco|title=Vikram Solar commissions 200 MW solar project for APGENCO|website=pv-magazine-india.com|date=19 February 2019 |access-date=2019-03-12}}
- 20MW {{En dash}} Ayodhya, Uttar Pradesh (2019) {{citation needed|date=May 2019}}
- 10 MW – Itrasi, Madhya Pradesh (2018){{Cite web|url=https://energy.economictimes.indiatimes.com/news/renewable/vikram-solar-commissions-10-mw-solar-project-in-itarsi/64402346|title=Vikram Solar commissions 10 MW solar project in Itarsi|website=energy.economictimes.indiatimes.com|access-date=2018-11-05}}
- 10 MW – Dahej Port, Gandhar, Hazira (2018){{Cite news|date=1 October 2017|title=GNFC expects Dahej DCP project to be completed by Dec 2018|url=https://www.business-standard.com/article/pti-stories/gnfc-expects-dahej-dcp-project-to-be-completed-by-dec-2018-117100100313_1.html|access-date=2021-06-23|newspaper=Business Standard India|agency=Press Trust of India}}{{Cite news|date=6 September 2018|title=Vikram Solar commissions 10-Mw project for ONGC in Gujarat|work=India Times|url=https://energy.economictimes.indiatimes.com/news/renewable/vikram-solar-commissions-10-mw-project-for-ongc-in-gujarat/65700981|access-date=23 June 2021}}
- 1461 kW Rooftop – Gujarat (2018){{Cite web|url=http://www.eqmagpro.com/vikram-solar-commissions-1461-kw-rooftop-solar-projects-for-century-plyboards-india-limited/|title=Vikram Solar Commissions 1461 kW Rooftop Solar projects for Century Plyboards|last=Gupta|first=Anand|date=2018-09-18|website=eqmagpro.com|access-date=2019-09-13}}
- 350 kW Rooftop – Cossipore (2018){{Cite web|url=https://energy.economictimes.indiatimes.com/news/renewable/vikram-solar-commissions-350-kw-rooftop-solar-project-for-ordnance-factories-unit/63489300|title=Vikram Solar commissions 350 kW rooftop solar project for Ordnance Factories unit|date=2018-03-27|website=energy.economictimes.indiatimes.com|access-date=2019-09-13}}
- 100 kW Rooftop – Haryana (2018){{Cite web|url=http://www.energynext.in/2018/12/vikram-solar-commissions-100-kw-rooftop-solar-project-for-parijat-industries/|title=Vikram Solar commissions 100 kW Rooftop Solar project for Parijat Industries|date=2018-12-22|website=energynext.in|access-date=2019-09-13}}
- 130 MW – Rajasthan (2017){{Cite news|url=https://www.business-standard.com/article/economy-policy/vikram-solar-commissions-130-mw-solar-project-for-ntpc-in-rajasthan-117040300511_1.html|title=Vikram Solar commissions 130 Mw solar project for NTPC in Rajasthan|newspaper=Business Standard India|date=3 April 2017|access-date=2018-11-05}}
- 80 MW – Charanka, Gujarat (2017){{Cite web|url=https://www.thehindubusinessline.com/companies/vikram-solar-commissions-80mw-plant-in-gujarat/article9861493.ece|title=Vikram Solar commissions 80-MW plant in Gujarat|website=thehindubusinessline.com|date=15 September 2017 |access-date=2018-11-05}}
- 20 MW – Karnataka (2017){{Cite web|url=https://energy.economictimes.indiatimes.com/news/renewable/vikram-solar-commissions-20mw-solar-power-project-for-jindal-aluminum-in-karnataka/58151124|title=Vikram Solar commissions 20MW Solar Power Project for Jindal Aluminum in Karnataka|date=2017-04-12|website=energy.economictimes.indiatimes.com|url-status=dead|access-date=2019-09-13|archive-url=https://web.archive.org/web/20190419161656/http://energy.economictimes.indiatimes.com/news/renewable/vikram-solar-commissions-20mw-solar-power-project-for-jindal-aluminum-in-karnataka/58151124|archive-date=2019-04-19}}
- 10 MW – Tirupati, Andhra Pradesh (2017){{Cite web|url=https://www.vikramsolar.com/press-releases/vikram-solar-commissions-10-mwp-solar-plant-in-andhra-pradesh/|title=Vikram Solar commissions 10 MWp solar plant in Andhra Pradesh|website=vikramsolar.com|date=13 April 2017 |access-date=2018-11-05}}
- 100 kW Rooftop – Patna (2017){{Cite web|url=http://www.energetica-india.net/news/vikram-solars-rooftop-solar-solutions-aids-sbi-patna-to-join-the-clean-energy-drive|title=Vikram Solar's Rooftop Solar Solutions aids SBI Patna to join the clean energy drive|date=2017-12-22|website=energetica-india.net|access-date=2019-09-13}}
- 10 kW Floating Solar Plant – Kolkata (2015){{Cite web|url=http://www.sunwindenergy.com/photovoltaics-press-releases/vikram-solar-successfully-commissions-indias-first-floating-pv-power|title=Vikram Solar successfully commissions India's first floating PV power plant|date=2015-01-13|website=sunwindenergy.com|access-date=2019-09-13}}
The company has also installed and commissioned solar projects totaling 4,015 kW in six airports, namely:
- 2.00 MW at Netaji Subhas Chandra Bose International Airport, Kolkata, West Bengal;
- 750 kW at Calicut International Airport, Calicut, Kerala;
- 725 kW at Dibrugarh Airport, Dibrugarh, Assam;
- 220 kW at Gondia (Birsi) Airport, Gondia, Maharashtra;
- 220 kW at Gaya Airport, Bodhgaya, Bihar and
- 100 kW installation at the Cochin International Airport, Kochi, Kerala, which is the world’s first fully solarized airport
In 2024, the Company has won marquee orders to supply modules to large projects such as the 397.70 MW project developed by NTPC, Renewable Energy Limited in Gujarat, 393.90 MW project developed by NLC India Limited in Gujarat and 251.25 MW developed by GIPCL in Gujarat Hybrid Renewable Energy Park in Kutch, Gujarat.
The company also has recently won a huge 1.00 GW order from one of the subsidiaries of JSW Energy Limited for supply of high - efficiency solar PV modules in CY 2024.
= Abroad =
- Vikram Solar Supplied 52.6 MW of Modules to Southern Current, United States.{{Cite web|url=https://www.solarpowerworldonline.com/2018/09/vikram-solar-panels-used-on-52-6-mw-southern-current-project/|title=Vikram Solar panels used on 52.6-MW Southern Current project|date=24 September 2018}}
- 4.2 MW project commissioned in the US with Vikram Solar modules.{{Cite web|url=http://www.nacleanenergy.com/articles/31403/4-2-mw-project-commissioned-in-the-usa-with-vikram-solar-modules |title=4.2 MW Project Commissioned in the USA with Vikram Solar Modules |access-date=2023-03-31 |date= 25 Jun 2018}}
- 312 kWp solar system installed by Finnwind Oy with Vikram Solar modules at Helsinki-Vantaa Airport.{{Cite web|url=https://www.solarserver.com/solar-magazine/solar-news/current/2017/kw37/scandinavias-first-pv-system-at-an-airport.html|title=Solarserver | das Internetportal für erneuerbare Energien}}
Recognition
In 2024
- The Company was awarded ‘Best Project of the Year - Ground Mount’ category in Solar Quarter State Leadership Awards (Rajasthan), 2024 by FirstVIEW Intelligent Business
- The Company’s manufacturing facility in Falta was awarded Gold Medal at the National Awards for Manufacturing Competitiveness (2023–24) by International Research Institute for Manufacturing, 2024
In 2023
- The Company was awarded ‘Company of the Year: Module Domestic (Platinum)’ award at the Utility Solar Show India Leadership Awards 2023 by FirstVIEW Intelligent Business
- The Company was awarded ‘Smart Technology Innovation of the Year (Modules)’ award at the 'Utility Solar Show India Leadership Awards 2023 by FirstVIEW Intelligent Business
- The Company was awarded ‘Gold CCQC-2023’ award by the Quality Circle Forum of India, Kolkata Chapter, 2023
- The Company was awarded the ‘Silver Award’ at the CII-SR EHS Excellence Awards 2023, by the Confederation of Indian Industry
In 2022
- The Company was awarded ‘Company of the Year: EPC’ and ‘Module Company of the Year: National (Platinum)’ at the India Utility Solar Week Leadership Awards, 2022 by FirstVIEW Intelligent Business
- The Company was awarded the ‘Special Jury Award’ under unlisted medium category of the first edition of the corporate governance recognition 2022 event by the Bengal Chamber of Commerce and Industry
- The Company was awarded the ‘Best Green Energy Initiative Company of the Year’ award at the dare to dream event, 2022
- The Company was awarded the ‘Silver award for Manufacturing and Engineering’ at the fourth ICC National Occupational Health & Safety Award
- The Company was awarded the ‘Innovative Project and Jury Choice (Product Development) Award’ at ICC’s 2nd Green Urja and Energy Efficiency Awards
- The Company was awarded the ‘EPC Company of the Year: Commercial’, ‘Company of the Year: Module’ and ‘Smart Technology Innovation of the Year- Solar Module’ at the India Rooftop Solar Congress Awards, 2022 by FirstView Intelligent Business
In 2021
- The Company was awarded ‘Company of the Year: EPC’ and ‘Outstanding Product Innovation of the Year’ at the India Utility Solar Week Leadership Awards, 2021 by FirstView Intelligent Business
In 2020
- Won Module Manufacturer of the Year: Make In India (1.2 GW), Smart Technology Innovation of the Year {{En dash}} Cell Modules, Outstanding Technology Innovation of the Year {{En dash}} MBB Half-cell Modules, Technology of the Year: Utility Solar Module, Module Company of the Year: Testing equipment Award in PV Module Tech Awards by Solar Quarter on 12 November{{Cite web|title=5 Prestigious awards|date=13 November 2020|url=https://solarquarter.com/2020/11/13/winners-announced-for-pv-moduletech-india-2020-awards/}}
- Best Performing Modules of the Year and Best Solar Project on-site Service team Award by Solar Quarter at RE Assets India on 21 February{{Cite web|title=award picture|url=https://events.firstviewgroup.com/REAssetsIndia2020?lang=en#/gallery?image=5336000007437407}}
- Business Leader of the Year Award by ET Now in Customer Centric Excellence category on 19 February
- Module Manufacturer of the Year award by Solar Quarter at Indian Rooftop Solar Congress India event on 27 January
In 2019
- The Company was a Gold Award Winner in the category ‘Best Performing Modules of the Year-Domestic Manufacturer – Utility Solar’ for outstanding achievement in the renewable energy sector at the RE Assets Excellence Awards, 2019 by Solar Quarter
- The Company was conferred with the award for ‘Outstanding Contribution in Renewable Energy EPC for 80 MW Solar Project in Charanka, Gujarat’ at the 8th EPC World Awards
- Active Customer Engagement Award from CII on 22 January{{Cite web|date=2018|title=Vikram Solar bags the CII Award for Customer Obsession - 2018|url=https://www.eqmagpro.com/vikram-solar-bags-the-cii-award-for-customer-obsession-2018/}}
- 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{{Cite web|title=Vikram Solar awarded with 'Best Contribution in Solar Energy' by MNRE Minister at CBIP Awards|date=5 January 2019 |url=https://www.eqmagpro.com/vikram-solar-awarded-with-best-contribution-in-solar-energy-by-mnre-minister-at-cbip-awards/}}
- India's Most Preferred Brands Award on 3 January
In 2018
- The Company received the Gold Award for being the ‘Top Exporter, West Bengal – MSME’ at the 6th Export Excellence Awards, 2017–18, by Federation of India-Export Organizations (eastern region)
- The Company was presented with West Bengal Best Employer Brand Awards 2018 at the 13th Employer Branding Awards by World HRD Congress
- The Company was declared the winner for its Outstanding Achievement in the Leadership Category of Solar Module Company of the Year by Solar Quarter- India Rooftop Solar Congress, 2018
- The Company received the ‘Manufacturing Leadership Award in the Solar Sector’ at the West Bengal Manufacturing Leadership Awards, 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{{Cite web|title=28th SD Awards Presentation Ceremony|url=http://sdawards.in/}}
- Dare-to-Dream Awards, Kolkata manufacturing leadership awards and Kolkata Best Employer Brand Awards on 30 October{{Cite web|title=Vikram Solar conferred with three prestigious awards|date=17 December 2018 |url=http://www.eprmagazine.com/power-update/vikram-solar-conferred-with-three-prestigious-awards/}}
- Leading RE Manufacturer Awards from REI event on 17 September{{Cite web|title=Renewable energy awards|url=https://35bjjk3fzaio4epare24j5l9-wpengine.netdna-ssl.com/wp-content/uploads/2018/09/REI-Awards-2018.jpg}}
- Solar Module Company of the Year and Rooftop Solar EPC Company of the Year award by Solar Quarter on 18 January{{Cite web|title=Solar Quarter|url=https://35bjjk3fzaio4epare24j5l9-wpengine.netdna-ssl.com/wp-content/uploads/2018/01/2-awards_Team-VS.jpg}}
- Fastest Growing Company by ET Bengal Corporate Awards on January{{Cite web|title=ACAE|url=https://35bjjk3fzaio4epare24j5l9-wpengine.netdna-ssl.com/wp-content/uploads/2018/03/ETBCA_VS.jpg}}
In 2017
- Gold Certificate of Merit by Frost & Sullivan on 13 December{{Cite web|title=Vikram Solar bags Gold Certificate at Frost & Sullivan & FICCI's India Manufacturing Excellence Awards 2017|date=15 December 2017|url=http://www.climatesamurai.com/solar/vikram-solar-bags-gold-certificate-at-frost-and-sullivan-and-ficcis-india-manufacturing-excellence-awards-2017/}}
- Kolkata Best Employer Brand awards by Employer Branding Institute India on 8 November{{Cite web|title=Kolkata|url=https://35bjjk3fzaio4epare24j5l9-wpengine.netdna-ssl.com/wp-content/uploads/2017/11/KOLKATA-BEST-EMPLOYER-BRAND-AWARDS-2017-from-the-Employer-Branding-Institute-India.jpg}}
- Leading Renewable Energy Manufacturer Solar Module Awards by REI on 20 September{{Cite web|date=2017|title=Renewable Energy India Awards 2017|url=https://35bjjk3fzaio4epare24j5l9-wpengine.netdna-ssl.com/wp-content/uploads/2017/09/Award_REI_2017.jpg}}
- CEO and MD of Vikram Solar, Mr. Gyanesh Chaudhary was conferred with Emerging Leader Award by CMA on 16 March{{Cite web|title=Kolkata|date=18 March 2017 |url=https://www.vikramsolar.com/press-releases/mr-gyanesh-chaudhary-md-ceo-received-commendations-as-the-emerging-leader/}}
- The Company received an award for ‘Best Solar Energy Solutions Provider 2017' at the APAC Insider Business Awards, 2017
- The Company received the ‘Highest Job Creator Award’ in the above ₹ 500 crores to ₹ 1000 crores category at the ET Bengal Corporate Awards 2017 by The Economic Times
In 2016
- Fastest growing company in INR 300{{En dash}}1000 crore category by Economic Times of India{{Cite web |format=JPG |archive-url=https://web.archive.org/web/20190124203948/https://35bjjk3fzaio4epare24j5l9-wpengine.netdna-ssl.com/wp-content/uploads/2016/03/ET-Awards-2016.jpg |archive-date=2019-01-24 |title=ET Award |url=https://35bjjk3fzaio4epare24j5l9-wpengine.netdna-ssl.com/wp-content/uploads/2016/03/ET-Awards-2016.jpg}}
- National excellence award for Rooftop Solar Power Projects in the Domestic Solar Module Manufacturers Category by MNRE on 13 June{{Cite web |format=JPG |archive-url=https://web.archive.org/web/20190124203947/https://35bjjk3fzaio4epare24j5l9-wpengine.netdna-ssl.com/wp-content/uploads/2016/06/National-Excellence-Award-1.jpg |archive-date=2019-01-24 |access-date=2023-03-31 |url=https://35bjjk3fzaio4epare24j5l9-wpengine.netdna-ssl.com/wp-content/uploads/2016/06/National-Excellence-Award-1.jpg |title=National Excellence Award}}
In 2015
See also
{{Portal|Companies}}