Solar energy solutions provider Vikram Solar on Tuesday said it has bagged an order from a US- company for a 350 MW power project. The order is for supplying solar modules for the project that will be located at Arizona in the US, a company statement said. The new order further strengthens Vikram Solar's presence in the US and is aligned to the company's commitment to accelerate the clean energy transition in this market, it said. "We are witnessing an increasing demand for high-quality Indian-made modules in the US aligned to the clarion call of diversifying sourcing policies. We are focused on further strengthening our market share in the US and cater to the utility, commercial as well as residential customers," Gyanesh Chaudhary, Vice Chairman and MD, Vikram Solar, said. According to the International Energy Agency, over next 4-5 years, the US has the potential of adding up to 20-25 GW of solar energy annually. Kolkata-based Vikram Solar specializes in efficient photovoltaic (P
Sources said leading project developers, including state-owned NTPC, were not getting enough domestic suppliers for their tenders to procure solar modules
The government may provide direct incentives to the producers of solar modules as it believes that tax cuts may lead to practical difficulties
AMP Energy Green Eleven was incorporated on November 21, 2020, and is engaged in the business of generating and supplying electrical power generated using solar energy
For a project bid in March, import of panels would take place between June and July 2021
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The tender floated by Solar Energy Corporation of India (SECI) is pan-India and the developer can set up a project anywhere in the country.
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