Construction Industry News
Vikram Solar, a provider of solar energy solutions, said on Tuesday that it has secured an order from a US company for a 350 MW electricity project.
The order is to supply solar panels for the project to be located in the US in Arizona, a company statement said.
The new order further strengthens Vikram Solar's presence in the US and aligns with the company's commitment to accelerate the clean energy transition in this market.
“We are witnessing increasing demand for high quality Indian-made modules in the US, aligned with the call for sourcing diversification. We are focused on further strengthening our market share in the US and capitalizing on the utility, both commercial and residential customers," said Gyanesh Chaudhary, Vice Chairman and MD, Vikram Solar.
According to the International Energy Agency, the US has the potential to add 20-25 GW of solar energy annually over the next 4-5 years.
Kolkata-based Vikram Solar specializes in efficient production of photovoltaic (PV) modules and comprehensive engineering, procurement and construction (EPC) solutions, with a presence in 32 countries.
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