Saturday, Jun 15 2024 | Time 23:13 Hrs(IST)
Business Economy

Vikram Solar, IIEST signs MoU for R&D in solar photovoltaic

New Delhi, Nov 16 (UNI) Solar energy solutions provider Vikram Solar today signed a Memorandum of Understanding with the Indian Institute of Engineering Science and Technology (IIEST) for research and development in the area of solar photovoltaic, beneficial to both the academia and industry.
The MoU was signed in the presence of President Pranab Mukherjee.
As per the agreement, the two entities will collaborate and identify key R&D areas to address the immediate requirements of the country, arrange seminars and training programs on solar photovoltaic with active participation of faculties and students of IIEST and scientists of VSPL, the company said in a statement.
Speaking on the occasion, Gyanesh Chaudhary, MD and CEO, Vikram Solar said, “It is a proud moment for us to collaborate with the esteemed Institute for research and development purpose and in order to address the immediate requirements that the country faces in terms of developing advanced technological solar solutions.”
Reiterating the significance of the partnership, Ajoy Ray, Director IIEST said, “Vikram Solar is among the leading PV companies in India. The company has already carved its positioning around the world and now it’s looking to further expand presence in the subcontinent though innovative products, projects and services. A grounded, well-knit, efficient and progressive Research & Development ecosystem is the building block of every kind of innovation and it also has the power to do away with an avalanche of issues that the country faces today.”
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