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Press Release | December 2013

Vikram Solar supplies moudles for Solar Park in Germany

Kolkata, December 24, 2013 - Vikram Solar, the Kolkata headquartered global specialist in manufacturing photovoltaic (PV) solar modules has entered into a tie up with GermanPV, an energy solution company based out of Germany, for the supply of modules required for 2.45 megawatt (MW) grid-connected solar park constructed and commissioned in Germany.

The solar park is located at Osterburg in the district of Stendal, in Saxony-Anhalt, Germany. The complete set of solar photovoltaic (PV) modules has been supplied by Vikram Solar for this solar park which will generate enough power to sustain the demand of 1000 households. The project will result in C02-savings of 1.7 ton/year approximately. The project is a part of the GermanPV portfolio of more than 100MWp and Umweltbank AG (German bank) is the financing banker for this project.

Mr. Tobias Sommer, Director Procurement, GermanPV stated: "The decision to work with Vikram Solar for this park was clear for us. Vikram has been a reliable and trustworthy partner from the first point of contact to the final construction of the park. The direct line to decision makers in Europe as well as in India has helped to realize this project on a very tight construction schedule. The value for money is currently one of the best in the market and their products have been accepted by all major German Banks in the PV sector. This solar park has definitely paved the ground for future projects with Vikram Solar."

Davide Marro, Head of Sales - Europe, Vikram Solar stated "We are proud and thankful to have the chance to work with the Management of GermanPV, a team with more than 10 years of experience in the German PV sector. This park marks a milestone in the long-term partnership of the two companies and in Vikram's presence in the European PV market.

Mr. Gyanesh Chaudhary, Managing Director, Vikram Solar stated, "We are extremely encouraged to service European markets. We aim at providing best of the class services to GermanPV and to keep up to their expectations. We also hope to work with GermanPV again in future."

About Vikram Solar

Vikram Solar is an internationally acclaimed enterprise which specializes in manufacturing of PV solar modules. It is headquartered in Kolkata and is part of the Vikram Group of companies, boasting of a glorious history of over 35 years in engineering and manufacturing activities. Vikram Solar's facility, located in the Special Economic Zone (SEZ) of Falta, West Bengal, is spread over a sprawling 40,000 sq ft area and has a 150 MW installed production capacity. They are among the most technologically advanced in the world. Apart from catering to the pan-India market, Vikram Solar has a global presence with offices in Europe and Africa.

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