Vikram Solar JV to invest in new US factories
POWER & RENEWABLE ENERGY

Vikram Solar JV to invest in new US factories

A new venture backed by solar panel maker Vikram Solar said it will invest up to $1.5 billion in the US solar energy supply chain, beginning with a factory in Colorado next year. The newly formed company, VSK Energy, aims to leverage India's extensive solar manufacturing know-how in the US push to build a clean energy manufacturing sector to compete with China.

VSK is a joint venture between Kolkata-based Vikram and two New York-based partners - sustainability-focused private equity firm Phalanx Impact Partners and Das & Co, an investment and development company with solar holdings in US and India.

The company will begin producing modules in Brighton, Colorado, next year and plans to open a second facility in an undisclosed southern state in 2025 that will produce cells, wafers and ingots, the building blocks for solar panels.

A new venture backed by solar panel maker Vikram Solar said it will invest up to $1.5 billion in the US solar energy supply chain, beginning with a factory in Colorado next year. The newly formed company, VSK Energy, aims to leverage India's extensive solar manufacturing know-how in the US push to build a clean energy manufacturing sector to compete with China.VSK is a joint venture between Kolkata-based Vikram and two New York-based partners - sustainability-focused private equity firm Phalanx Impact Partners and Das & Co, an investment and development company with solar holdings in US and India.The company will begin producing modules in Brighton, Colorado, next year and plans to open a second facility in an undisclosed southern state in 2025 that will produce cells, wafers and ingots, the building blocks for solar panels.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?