The Ministry of New and Renewable Energy (MNRE) has now issued its latest Approved List of Models and Manufacturers (ALMM). The latest list from the MNRE revealed the addition of newly enlisted capacity from four solar companies. These four companies include Solar, Novasys, Bluebird and ReNew. These renewable companies added 2271 MW of new capacities […]
Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore. […]
Gurugram, Haryana based Saatvik Solar has signed a contract with GH2 Solar to supply 200MW of high-efficiency ‘Mono Perc Bifacial Half Cut’ solar PV modules, rated at 540/550Wp, for use across various solar projects in India. This collaboration, set to commence in January 2025, will span a 12-month period in which Saatvik will ensure the […]
Indian solar manufacturing industry is now under transition. While currently, a handful of solar cell makers are into the production of solar cells, the numbers are set to expand. A number of existing solar module manufacturing companies have now planned to add new solar cell production lines in the next two to three years. This […]
Saatvik Green Energy Limited, has announced that it has won a contract with Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of its cutting-edge N-TOPCon 580Wp modules to various locations across Maharashtra. The total value of the order is estimated to be ₹302 crore. MAHAGENCO is one of India’s largest power generation […]
Indian solar module maker Saatvik Solar has inked an agreement with Larsen & Toubro (L&T) to supply a 213 MW order for solar PV modules. This order is designated for L&T Energy’s 245 MW Bihar Battery Energy Storage System (BESS) project. Of this, 185 MW will power a solar PV grid-connected power plant, while 45.4 […]
Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the world’s solar wafers and over 80% of the world’s polysilicon. These two components alone account for more than half the value […]
Saatvik Solar, a leading solar PV module manufacturer in India, has appointed Abani Kant Jha as its new Chief Financial Officer (CFO). With over 25 years of extensive experience across diverse industries, Jha brings his expertise to bolster Saatvik Solar’s financial leadership and drive its ambitious growth plans. An engineer by training, Jha’s versatile career […]
Saatvik Solar, the Indian solar PV module manufacturer, has been recognised as a “Top Performer by PV Evaluation Labs (Kiwa PVEL) in the PV Module Reliability Scorecard, for their High-Efficiency Mono–Bifacial Half Cut PV modules. Saatvik Solar PV modules underwent testing at Kiwa PVEL over a year, where they were subjected to various extreme conditions. […]
Subscribe to our newsletter to get the latest scoop right into your inbox.