Vikram Solar to add 1.5GW of module assembly capacity

September 7, 2016
Facebook
Twitter
LinkedIn
Reddit
Email
Vikram Solar said it had allocated capital expenditure of over INR 400 crore (US$6.04 million) for the planned expansion and the collaboration with teamtechnik supplements work with Fraunhofer ISE and equipment supplier, centrotherm. Image: Vikram Solar

India-based PV module manufacturer Vikram Solar has revealed plans to expand capacity to 2GW by 2019, up from recently completed expansions that have taken nameplate module capacity to 500MW.

Vikram Solar said that it had signed an MOU with module assembly equipment specialist teamtechnik, which will supply equipment as well as train operations managers, process engineers and service technicians at the PV manufacturer. 

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Vikram Solar said it had allocated capital expenditure of over INR 400 crore (US$6.04 million) for the planned expansion and the collaboration with teamtechnik supplements work with Fraunhofer ISE and equipment supplier, centrotherm.

Gyanesh Chaudhary, MD & CEO of Vikram Solar said, “We are very happy to work with teamtechnik. Their solutions have been shown to facilitate production of highly efficient solar modules while keeping costs particularly low. Another key factor in our decision was that their production technology can be expanded in order to integrate highly efficient technologies such as PERC and bifacial cells into the production process.”

“Our solutions are based on the experience we have gained through countless productions, and we use this expertise to design the most efficient processes possible for our customers,” added Stefan Rosskopf, CEO, teamtechnik. “We have supplied over 600 STRINGER TT systems to date, which has made us a global market leader in just a few years.”

16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth 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 2028 and beyond.
13 October 2026
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 13-14 October 2026 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023, 2024 and 2025 were a sell out success and 2026 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.

Read Next

April 8, 2026
PV manufacturing capital expenditure is expected to rebound this year, following two years in the doldrums as the industry weathered a global oversupply of modules, new figures show.
Premium
April 8, 2026
After a sharp decline in 2023, PV manufacturing capital expenditure is set to bounce back this year, and not just in China, writes Moustafa Ramadan.
April 7, 2026
Sangam Solar One, a subsidiary of Indian solar PV manufacturer Waaree Energies, has commissioned a 3GW PV module manufacturing facility in Samakhiali, Kutch, Gujarat.
April 2, 2026
Monocrystalline passivated emitter rear contact (PERC) modules saw a 20% increase in average price in the US, according to Anza.
Premium
April 2, 2026
Analysis: Some in the US solar industry are positioning tariffs as a silver bullet for manufacturers, but it may not be as straightforward as that.
April 1, 2026
Toyo Solar shipped 4.5GW of cells in FY2025, surpassing its full-year target, while module shipments reached 249MW.

Upcoming Events

Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland