Vikram Solar given tier one module manufacturer status

Facebook
Twitter
LinkedIn
Reddit
Email

Indian PV module manufacturer Vikram Solar has been given tier one status.

The status means three non-development banks have funded projects using Vikram modules in the past two years, according to the criteria set out by Bloomberg New Energy Finance (BNEF).

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

“Despite the global consolidation of the solar market, there are still many module manufacturers,” said Gyanesh Chaudhary, managing director, Vikram Solar.

“For customers, it is very difficult to identify from this mass of providers a reliable and trustworthy brand. The classification by Bloomberg, for developers and EPCs, is a very transparent and efficient way to form an opinion on the quality of module manufacturers,” he added.

BNEF said rising module prices and ongoing trade disputes with China were opening up new opportunities for other manufacturers.

Read Next

July 4, 2025
Germany’s latest innovation tender has awarded 488MW of co-located capacity, with all the projects being solar PV tied with energy storage.
July 4, 2025
Risen Energy’s mass-produced heterojunction (HJT) modules have reached a cell conversion efficiency of 26.61%, a record figure for the company.
July 4, 2025
The US House of Representatives has passed the final version of the reconciliation bill that is now going to US President Donald Trump’s desk for his signature before its passing.
July 4, 2025
Australian retailer AGL Energy has confirmed its acquisition of South Australia’s Virtual Power Plant (SAVPP) from Tesla.
July 3, 2025
Renewable energy curtailment in Brazil is set to reach 8% across the country, and be as high as 11% in the north-east, by 2035.
July 3, 2025
Spanish IPP Zelestra has secured a €235 million (US$277 million) increase to its sustainability-linked loan, bringing the total to €770 million.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK