News Stocks Vikram Solar Signs Strategic 2GW Solar Cell Procurement Agreement with Jupiter InternationalVikram Solar Signs Strategic 2GW Solar Cell Procurement Agreement with Jupiter International
Vikram Solar has signed a strategic domestic cell procurement agreement with Jupiter International Limited to source high efficiency TopCon and Mono PERC solar cells. The agreement covers a total capacity of 2GW of ALMM-compliant crystalline solar cells, positioning Vikram Solar to enhance its manufacturing capabilities with advanced photovoltaic technology while ensuring compliance with Indian market requirements.
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Vikram Solar has announced a significant strategic partnership through a domestic cell procurement agreement with Jupiter International Limited, marking a substantial expansion in the company's solar cell sourcing capabilities.
Strategic Partnership Details
The comprehensive agreement encompasses the procurement of advanced solar cell technologies designed to meet the growing demand for high-efficiency solar solutions. The partnership focuses on two primary solar cell technologies that represent the latest advancements in photovoltaic efficiency.
| Parameter: | Details |
|---|---|
| Partner: | Jupiter International Limited |
| Total Capacity: | 2GW |
| Cell Types: | High Efficiency TopCon and Mono PERC |
| Compliance: | ALMM-compliant crystalline solar cells |
| Agreement Type: | Strategic domestic cell procurement |
Technology Focus
The agreement covers two key solar cell technologies that represent significant advancements in photovoltaic efficiency:
- High Efficiency TopCon Solar Cells: Advanced tunnel oxide passivated contact technology offering superior performance
- High Efficiency Mono PERC Solar Cells: Passivated Emitter and Rear Cell technology providing enhanced energy conversion
Both technologies are designed to deliver ALMM-compliant crystalline solar cells, ensuring adherence to the Approved List of Models and Manufacturers requirements essential for the Indian solar market.
Market Positioning
This strategic procurement agreement positions Vikram Solar to strengthen its manufacturing capabilities through access to cutting-edge solar cell technology. The 2GW capacity represents a substantial commitment to advanced photovoltaic solutions, enabling the company to meet evolving market demands for high-efficiency solar products.
The partnership with Jupiter International Limited establishes a domestic supply chain for critical solar cell components, supporting both companies' growth objectives in the expanding Indian solar energy sector.
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