Vikram Solar Achieves 10 GW Global PV Module Deployment Milestone
⚡ Quick Read
- What happened: Vikram Solar has reached 10 GW of cumulative global PV module deployments, doubling its capacity from 5 GW in just two years.
- Why it matters: The milestone highlights the scaling capabilities of domestic manufacturers, providing EPCs and developers with reliable, high-volume supply chains.
- Watch: The company’s upcoming expansion to 6 GW module and 12 GW cell capacity, alongside its entry into the 5 GWh BESS market by FY2027.
Background and Context
Vikram Solar has officially announced that it has reached 10 GW of cumulative PV module deployments globally. This significant achievement underscores the company’s rapid growth trajectory, with the manufacturer doubling its cumulative deployment from 5 GW to 10 GW in a span of just two years. The installed capacity represents over 25 million modules, which the company estimates is sufficient to power more than 5 million households across India.
Key Details
While the majority of Vikram Solar’s footprint remains concentrated within the domestic Indian market, the company has successfully expanded its international presence, exporting approximately 1.5 GW of modules to 39 countries. Currently, the manufacturer operates 9.5 GW of module production capacity across its facilities in Falta, West Bengal, and Oragadam and Vallam in Tamil Nadu. This includes a dedicated 5 GW plant located in Vallam.
Looking ahead, Vikram Solar is aggressively pursuing backward integration and capacity expansion. The company has outlined plans for a new facility at its Gangaikondan site, which is slated to house 6 GW of module manufacturing and 12 GW of cell production capacity. Furthermore, the firm is diversifying its energy portfolio by entering the energy storage sector through its subsidiary, VSL Powerhive. The company aims to establish a 5 GWh battery energy storage system (BESS) facility by FY2027, while also marketing lithium battery solutions for residential and mobility backup applications under its VION brand.
What This Means for EPCs and Developers
For EPC contractors and solar developers in India, the scale of Vikram Solar’s operations provides a critical domestic supply option. As the industry faces fluctuating global supply chains and trade policy uncertainties, the availability of a manufacturer with 9.5 GW of existing capacity—and plans for significant cell manufacturing—offers a hedge against supply volatility. The move toward backward integration is particularly vital for developers looking to satisfy Domestic Content Requirement (DCR) mandates in various government-backed tenders.
What Happens Next
The market will closely monitor the commissioning of the Gangaikondan site, which will be a bellwether for India’s push toward self-reliance in solar cell manufacturing. Additionally, the entry of major module players into the BESS space signals a broader shift in the India renewable energy sector, where integrated power solutions—combining generation with storage—are becoming the new standard for grid stability and round-the-clock power supply projects.
