Vikram Solar said it had allocated capital expenditure of over INR 400 crore (US$6.04 million) for the planned expansion and the collaboration with teamtechnik supplements work with Fraunhofer ISE and equipment supplier, centrotherm. Image: Vikram Solar

India-based PV module manufacturer Vikram Solar has revealed plans to expand capacity to 2GW by 2019, up from recently completed expansions that have taken nameplate module capacity to 500MW.

Vikram Solar said that it had signed an MOU with module assembly equipment specialist teamtechnik, which will supply equipment as well as train operations managers, process engineers and service technicians at the PV manufacturer.

Vikram Solar said it had allocated capital expenditure of over INR 400 crore (US$6.04 million) for the planned expansion and the collaboration with teamtechnik supplements work with Fraunhofer ISE and equipment supplier, centrotherm.

Gyanesh Chaudhary, MD & CEO of Vikram Solar said, “We are very happy to work with teamtechnik. Their solutions have been shown to facilitate production of highly efficient solar modules while keeping costs particularly low. Another key factor in our decision was that their production technology can be expanded in order to integrate highly efficient technologies such as PERC and bifacial cells into the production process.”

“Our solutions are based on the experience we have gained through countless productions, and we use this expertise to design the most efficient processes possible for our customers,” added Stefan Rosskopf, CEO, teamtechnik. “We have supplied over 600 STRINGER TT systems to date, which has made us a global market leader in just a few years.”