Vikram Solar partners with teamtechnik

Vikram Solar recently signed Memorandum of Understanding (MoU) with teamtechnik, a market leader in production technology based in Freiberg am Neckar (Germany), to design production lines and supply plant technology to support the company’s expansion plans. Both the companies signed MOU in the presence of Amit Mitra-Finance Minister, West Bengal.

Vikram Solar is set to expand its module production from current 500 MW to 2 GW by 2019. The company is planning to invest more than Rs. 400crore in the project and is expected to create around 3,000 additional jobs.

teamtechnik will supply solutions and machines for solar module production and put them into operation as well as train operations managers, process engineers and service technicians at Vikram Solar.

Both the companies are also planning a future collaboration in the area of materials research, process optimization and production technology, with the intention of further improving efficiencies while continuing to reduce module costs. The collaboration with teamtechnik supplements existing collaborations with Fraunhofer Institute for Solar Energy Systems ISE and Centrotherm.

Stefan Rosskopf, CEO, teamtechnik Maschinen und Anlagen GmbH in a statement said  “We are pleased that a leading Indian company such as Vikram Solar is planning to integrate our stringer and layup solutions into their production lines. 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. We have supplied over 600 STRINGER TT systems to date, which has made us a global market leader in just a few years.”

“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,” said Gyanesh Chaudhary, MD & CEO of Vikram Solar. He further added “teamtechnik’s global service complements our local service team. The fast and reliable delivery of replacement parts and materials is a crucial factor for the success of every production line.”