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 ₹1,500 crore, this contract marks a pivotal moment in the company’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 project’s rigorous quality standards and delivery timelines.
Prashant Mathur, CEO of Saatvik Green Energy, expressed his enthusiasm regarding this achievement, stating, “This 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 India’s renewable energy targets.”
This contract not only underscores Saatvik Green Energy’s leadership in the solar industry but also highlights the growing momentum towards renewable energy solutions in India.
