Vikram Solar Regains Tier 1 Status in BNEF’s Module Manufacturers List

India’s Vikram Solar Recognized for Efficiency and Quality

Vikram Solar, a leading solar module manufacturer in India, has reclaimed its position in BloombergNEF’s prestigious Tier 1 global module manufacturers list for 2024. The recognition highlights the company’s commitment to efficiency, bankability, and high-quality solar products.

BloombergNEF: A Trusted Industry Standard

BloombergNEF is renowned for its rigorous evaluation of PV module manufacturers and is considered a trusted reference within the industry. Vikram Solar’s re-entry into the Tier 1 list reaffirms its status as a reliable player in the global solar market.

Criteria for Tier 1 Qualification

Vikram Solar successfully met the new criteria for Tier 1 qualification in the first quarter of 2024. BloombergNEF’s methodology for qualification is known for its fairness, objectivity, and credibility, making it a valuable benchmark for international financial institutions.

Vikram Solar’s Commitment to Global Solar Transition

Mr. Gyanesh Chaudhary, Chairman & Managing Director of Vikram Solar, expressed pride in the reaffirmation of Tier 1 status. He emphasized the company’s dedication to accelerating the global solar transition through continuous investments in research and development, operational capabilities, manufacturing capacity, and a customer-centric approach.

About Vikram Solar

Vikram Solar Limited is a leading solar energy solutions provider with an international presence in 32 countries. The company specializes in efficient photovoltaic module manufacturing and boasts a portfolio of 1.42 GW EPC projects. Headquartered in Kolkata, West Bengal, Vikram Solar is one of the largest PV module manufacturers in India, with a cumulative production capacity of 3.5 GW. Recognized as a ‘Top Performer’ in PVEL’s PV module reliability scorecard, the company is committed to delivering best-in-class, reliable solar solutions.

Source:prnewswire.com

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