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Vikram Solar renewable energy expansion in India

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2026-10-15 13:31 UTC → 2026-10-27 05:11 UTC · added ~~removed~~

Vikram Solar has expanded its involvement in India’s renewable energy sector through new supply contracts and manufacturing investments. In late September 2026, the company secured a 400 MW module supply order for decentralized solar projects in Maharashtra. This contract, focused on agricultural feeder solarisation, involves the delivery of high-efficiency n-type TOPCon G12R modules scheduled to begin in October 2026. By mid-October 2026, Vikram Solar’s subsidiary, VSL PowerHive, announced plans to establish a 7.5 GWh battery energy storage system (BESS) assembly facility in Oragadam, near Chennai, Tamil Nadu. The 165,000-square-foot plant is scheduled for inauguration in January 2027, with commercial operations expected to commence in April 2027. The facility will assemble lithium iron phosphate (LFP) battery storage systems, including liquid-cooled containers and P261 battery cabinets, for utility-scale, commercial, and industrial applications. Chairman and Managing Director Gyanesh Chaudhary stated the facility is a step toward building domestic capability to support India’s renewable energy transition and grid stability. The company aims to reach a manufacturing capacity of 30 GWh by 2030 and expand into cell manufacturing by 2028. On October 15, 2026, Vikram Solar secured an additional 187 MW solar module supply order for three sites in Karnataka and Tamil Nadu. The contract involves delivering high-efficiency N-Type TOPCon G12R modules with bifacial technology and power ratings between 615 and 625 Wp, with delivery expected by December 2026. In October 2026, the company announced that its 9 GW n-type TOPCon solar cell manufacturing facility in Gangaikondan, Tamil Nadu, is scheduled to begin production in December 2026. This facility, located at the SIPCOT Industrial Park, is part of an integrated manufacturing roadmap that includes a 6 GW module plant inaugurated in August 2026 and plans for a 9 GW ingot and wafer facility by fiscal year 2029.

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