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Vikram Solar is a leading global energy solutions provider and India’s largest PV module manufacturers based in Kolkata, West Bengal. Recently, it launched its new-generation Heterojunction (HJT) bifacial module line called Survaya. HJT is a cutting-edge solar cell manufacturing process that combines crystalline and amorphous silicon layers. This unique combination improves the cell’s ability to absorb sunlight from both the front and back sides resulting in higher energy yields as compared to traditional solar modules.
What Does The Higher Management Say About This Launch?
This innovative product was launched during Vikram Solar’s Advisory Board meeting. The Chairman and MD of Vikram Solar Limited, Gyanesh Chaudhary stated, “We are thrilled to introduce our new brand, SURYAVA, equipped with Heterojunction technology. This product is a testament to Vikram Solar’s commitment to innovation and to contribute towards driving the renewable energy sector forward.
SURYAVA’s performance metrics, developed in our NABL-accredited R&D lab—including lower degradation, enhanced weather resistance, and superior efficiency are expected to position it as an industry leader. We are confident that SURYAVA will be a game-changer and will contribute to achieving India’s and the world’s solar energy goals.”
What Are The Key Features Of Survaya?
The Survaya model has the following features:
- Superior Efficiency: The HJT two-sided modules have an impressive efficiency rating that ensures maximum power output even in low-light conditions.
- Improved Bifaciality: Vikram Solar designs the modules to capture sunlight from both the front and back surfaces and maximize energy generation, especially in open fields or rooftop installations.
- Exceptional Durability: The company builds its HJT modules to withstand harsh environmental conditions that include extreme temperatures, high humidity, and mechanical stress.
- Long-Term Reliability: It backs the modules with an extended lifespan and enhanced safety that guarantees their performance and longevity over many years.
What Are The Underlying Benefits Of HJT Technology?
The adoption of HJT technology offers several advantages for both residential and commercial solar installations:
- Increased Energy Production: HJT modules generate more electricity per unit area compared to traditional solar panels. With an efficiency level above 23%, it results in higher energy yields and lower levelized cost of energy (LCOE).
- Improved Power Output in Low-Light Conditions: The technology's ability to absorb sunlight from both sides is beneficial in regions with frequent cloud cover or shading.
- Reduced Land Footprint: The higher efficiency of HJT modules allows for smaller solar installations to meet the same energy needs and minimizes the environmental impact.
- Enhanced System Performance: HJT modules can be integrated seamlessly with energy storage systems and other renewable energy technologies to create highly efficient and sustainable power solutions.
Future Implications For Vikaram Solar?
The launch of the HJT bifacial module line strengthens Vikram Solar's position as a global leader in solar technology. The company's commitment to research and development enables it to consistently introduce innovative products evolving the solar industry. All this will positively impact Vikram solar share price.
By investing in HJT, Vikram Solar is helping to drive the transition to a cleaner and more sustainable energy future. The company's HJT bifacial modules offer a compelling solution for businesses seeking to maximize their solar energy generation while minimizing their environmental footprint.
How To Invest In Vikram Solar?
Vikram solar shares are not listed anywhere but are actively traded in the unlisted market. Due to past performance and potential to grow, investment in Vikram solar unlisted shares is a wise choice. At Stockify, you can easily buy and sell unlisted shares of Vikram Solar Ltd.
Connect with our expert share brokers, and they will help you throughout the process.
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