Latest
Features , Interviews , Long Reads
These are repeat orders and will be scheduled to be executed between December 2025 and March 2026. Image: Saatvik Green Energy.
Indian module manufacturer Saatvik Green Energy, through its subsidiary Saatvik Solar Industries, has secured solar PV module orders worth INR2.99 billion (US$33.7 million).
According to the firm, the deals have been placed by three undisclosed Indian independent power producers (IPP) and engineering, procurement, and construction (EPC) companies. These are repeat orders and are scheduled to be executed between December 2025 and March 2026.
This article requires Premium Subscription Basic (FREE) Subscription
Already a subscriber? Sign In
Try Premium for just $1
Full premium access for the first month at only $1
Converts to an annual rate after 30 days unless cancelled
Cancel anytime during the trial period
Premium Benefits
Expert industry analysis and interviews
Digital access to PV Tech Power journal
Exclusive event discounts
Or continue reading this article for free
PV Tech reached out to Saatvik Green Energy for more details on the supply deal and the combined amount it will supply.
“They come on the back of a robust first half of FY26, where we have significantly strengthened our manufacturing base and broadened our product portfolio,” said Prashant Mathur, CEO of Saatvik Green Energy.
“As India accelerates its renewable energy deployment, bankable partners with dependable supply chains become critical. Saatvik and its material subsidiary are firmly positioned in that space, expanding capacities, and disciplined delivery to support our customers’ ambitious project timelines across the country,” added Mathur.
Founded in 2016, Saatvik Green Energy is an integrated solar energy solutions provider. The company currently operates a 3.8GW annual nameplate module manufacturing capacity, with an additional 1GW under expansion at its Ambala, Haryana facility. Saatvik is also developing a greenfield project in Odisha, which will include 4GW of module and 4.8GW of solar cell manufacturing capacity.
Recently, Saatvik Green Energy secured solar PV module orders worth INR6.89 billion (US$78 million). The deals included a direct INR500 million contract to be completed by November 2025, while its subsidiary, Saatvik Solar, received INR6.38 billion in orders. The company supplied high-efficiency modules to undisclosed IPPs and EPC developers across India, with completion expected by June 2026.
Read Next
JA Solar has signed a module supply agreement with EPC contractor Larsen & Toubro (L&T) for two utility-scale projects in Uzbekistan.
Members of the European Parliament are urging the European Commission to restrict Chinese solar inverter manufacturers’ access to the bloc’s energy infrastructure, due to cybersecurity concerns.
Renewables asset fund Alantra Solar has secured €355 million to support the development and construction of five solar PV projects in Italy.
Independent power producer (IPP) Matrix Renewables has completed the construction of a 284MW solar PV plant in Texas.
Apple has signed a power purchase agreement (PPA) with Danish developer European Energy for renewable electricity from the 108MW Lancaster solar park in Victoria, Australia.
Australian energy retailer Flow Power has secured an offtake agreement from the 400MW Stubbo Solar project in New South Wales to underpin the launch of its Flow Home residential energy service in the state.
Subscribe to Newsletter
Most Read
Upcoming Events
https://www.pv-tech.org/saatvik-green-energy-secures-solar-pv-module-orders-worth-inr2-99-billion/
