Vikram Solar is on a high projectory growth path in PV manufacturing with over 300 MW expansion in cell and 1.2 GW in module manufacturing by 2018
Q.Shed some light on Vikram Solar’s collaboration with European institutes and suppliers that were signed at the recently concluded Hannover Messe? The scope of this collaboration and the strategic thinking behind it?
Vikram Solar is on a high projectory growth path in PV manufacturing with over 300 MW expansion in cell and 1.2 GW in module manufacturing by 2018. This capacity expansion will involve high volume and superior quality equipments, processes and materials. It is therefore natural we choose experienced partners in equipment and process design as well as advanced R & D concepts.
Q.How important is this collaboration for Vikram Solar in reinforcing its position as a technology advanced PV manufacturer delivering quality products at competitive costs?
In PV industry, growth is not sustainable without right ingredients of cost and quality. I believe our collaborations are aimed to do just that.
Q.What are the likely contours of the solar academy that Vikram Solar is going to establish in collaboration with Fraunhofer ISE? How does it fit into the company’s overall philosophy?
One of the vital and key ingredients to a 100 GW solar vision in India is the availability of trained & adequately skilled manpower. There is a serious gap as of now. Our solar academy aims to fill this gap for ourselves and the nation.
Q.Vikram Solar has been winner of different awards and recognition, to what do you attribute your success to?
Sustainable growth, hands on management and simplicity in conducting, PV business has ensured that we remain competitive all through. These are the pillars of our success.
Q.With the government targeting 100 GW from solar energy, how do you look at this target and what opportunities for growth are you looking at?
We, at Vikram Solar, currently have a module manufacturing capacity of 200 MW per annum and hope to be at 1.2 GW by 2018. This is more than a 6 fold growth.
Q.India is said to be a price-elastic market, can you comment on the dynamic of cost in India and the impact that this has on the nation’s solar market?
Indian market is extremely price conscious and the dynamics of new low price discovery makes it one of most vibrant markets today, globally. It is simple logic that the solar market will be driven by parity with conventional energy and sustainable only without subsidies. We will see exponential growth once this happens. The Future is Solar.