Vikram Solar Regains Tier 1 Status in BloombergNEF’s Global Module Manufacturers List

Vikram Solar, a leading module manufacturer in India, has once again achieved Tier 1 status in BloombergNEF’s prestigious global module manufacturers list. This recognition underscores the company’s enhanced efficiency, bankability, and production of high-quality products.

Having initially attained Tier 1 status in 2014, Vikram Solar’s re-entry into this esteemed category in 2024 reaffirms its dedication to maintaining superior product quality, customer satisfaction, and overall reliability.

BloombergNEF is a renowned strategic research provider that focuses on global commodity markets and emerging technologies driving the transition to a low-carbon economy. Its ranking of PV module manufacturers is widely respected as one of the most rigorous and credible assessments in the industry, serving as a trusted reference for international financial institutions and industry stakeholders worldwide.

The BloombergNEF team confirmed Vikram Solar’s qualification for Tier 1 status in the first quarter of 2024, indicating that the company met the updated criteria for inclusion. This recognition highlights Vikram Solar’s commitment to continuous improvement and innovation in solar technology.

Mr. Gyanesh Chaudhary, Chairman & Managing Director (CMD) of Vikram Solar, commented on this global acknowledgment, stating, “As a leading solar module manufacturer in India, we recognize our role in accelerating the global transition to solar energy. We have consistently invested in research and development, operational excellence, manufacturing capacity, and customer-centric practices to ensure consistent performance and reliability. Our renewed Tier 1 status reflects our unwavering dedication to providing top-notch solar solutions and driving advancements in solar technology on a global scale.”