Renewable Energy

Saatvik Green Energy secures major contract for solar PV modules

In a significant development for the renewable energy sector, Saatvik Green Energy has announced the acquisition of a monumental contract to supply 1 GW of solar PV modules from a prominent energy producer. Valued at over โ‚น1,500 crore, this contract marks a pivotal moment in the companyโ€™s growth trajectory.

The contract entails the provision of advanced technology N-TOPCon solar PV modules, tailored to meet specific requirements, with the entire delivery scheduled for the calendar year 2025. These cutting-edge modules are designed for optimal performance in utility-scale solar projects, promising enhanced energy generation while ensuring reliability and durability across various climatic conditions.

To fulfil this substantial order, Saatvik Green Energy will utilise a dedicated manufacturing unit located at its state-of-the-art facility in Ambala, Haryana. This exclusive unit has been specifically designated to guarantee efficient production that adheres to the projectโ€™s rigorous quality standards and delivery timelines.

Prashant Mathur, CEO of Saatvik Green Energy, expressed his enthusiasm regarding this achievement, stating, โ€œThis is a momentous occasion for Saatvik Green Energy as we scale new heights in the solar industry. Winning this 1 GW contract reaffirms our commitment to innovation, quality, and sustainability. Our cutting-edge manufacturing capabilities, backed by a robust R&D framework, position us to deliver world-class solar modules that drive impactful clean energy solutions. We are honoured to collaborate with our esteemed partner and contribute significantly to Indiaโ€™s renewable energy targets.โ€

This contract not only underscores Saatvik Green Energyโ€™s leadership in the solar industry but also highlights the growing momentum towards renewable energy solutions in India. 

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