Vikram Solar signs 393MW TOPCon module deal for Khavda solar project

Facebook
Twitter
LinkedIn
Reddit
Email
The agreement was signed with NLC India Limited, a public sector energy and mining company. Image: Vikram Solar

Indian solar module manufacturer Vikram Solar has signed a 393.9MW module supply agreement to supply the Khavda Solar park in Gujarat.

The agreement was signed with NLC India, a public sector energy and mining company.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Vikram Solar said it would supply its 580Wp n-type tunnel oxide passivated contact (TOPCon) modules to the project, which is owned by the Gujarat State Electricity Corporation Limited (GSECL). The company said that its modules are listed on the Indian government’s approved list of models and manufacturers (ALMM) which was introduced to promote and increase the deployment of solar modules manufactured in India.

India’s Ministry of New and Renewable Energy (MNRE) announced the reimposition of the ALMM in April after suspending it from March 2023 due to concerns over an inadequate supply of domestically-made modules to meet demand.

Gyanesh Chaudhary, chairman and managing director of Vikram Solar said: “This purchase order not only signifies NLC’s deep trust in our expertise but also affirms our steadfast commitment to excellence. Vikram Solar is proud to be involved in India’s unparalleled decarbonisation initiative.”

The Khavda solar project is on course to be the “largest” in the world, with a target capacity of 30GW of renewable energy generation capacity when fully operational.

The initiative has also acted as a unifier for some of India’s biggest solar and renewable energy companies; in March, Adani Green Power announced the commissioning of 1GW of solar capacity at the site. Adani secured a US$1.36 billion debt facility in December to finance 2.1GW worth of solar at Khavda.

Vikram Solar is currently engaged in a joint venture with private equity firm Phalanx Impact Partners to build a vertically-integrated solar manufacturing facility in the US, with plans for ingot, wafer, cell and module capacity.

8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
11 March 2025
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.
17 June 2025
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

Read Next

July 12, 2024
Canadian asset owner Brookfield has acquired a majority stake in Indian clean power company Leap Green Energy in a US$200 million equity investment.
July 12, 2024
China started conducting a trade and investment barrier investigation on the measures used in the EU’s Foreign Subsidies Regulation (FAR).
July 12, 2024
Swiss Utility BKW Energie AG has sign a power purchase agreement with food and beverage company Nestlé in Germany.
July 12, 2024
China is building two-thirds of new solar and wind projects globally as it is building 180GW of utility-scale of solar generation capacity.
July 12, 2024
Spanish inverter manufacturer Ingeteam has signed a supply agreement for Enel Green Power Australia’s 93MW Girgarre solar farm.
July 12, 2024
Lincoln University revealed plans on Wednesday (10 July) to develop New Zealand’s first ‘high-value’ agrivoltaic (agriPV) solar farm.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
July 31, 2024
1:00 PM (BST) / 2:00PM (CEST)
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA
Solar Media Events
October 15, 2024
Santiago, Chile