Saatvik Solar Secures 200MW Solar PV Module Supply Contract with GH2 Solar
Mumbai, 11th November, 2024: Saatvik Solar signs a contract with G2H 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 timely and consistent delivery of these advanced modules to meet GH2 Solar’s project requirements.
This partnership aims to bolster India’s renewable energy sector by integrating cutting-edge, durable solar technology into a range of solar power projects, addressing the nation’s growing demand for sustainable energy. With this agreement, Saatvik Solar continues to enhance its reputation for delivering premium-quality modules that empower project developers to achieve both efficiency and resilience across diverse climatic conditions, supporting India’s transition to a sustainable energy future.
Mr. Prashant Mathur, CEO of Saatvik Solar, commented on the agreement, saying, "We are excited to collaborate with GH2 Solar on this large-scale project. Our cutting-edge Mono Perc Bifacial modules are designed for maximum performance and dependability, assuring the success of solar projects in numerous locations throughout India. This collaboration illustrates Saatvik Solar's ongoing commitment to pushing green energy adoption across the country."
Mr. Anurag Jain, Founder and CEO of GH2 Solar, expressed his confidence in the partnership, stating, “After deep evaluation and seeking Saatvik’s performance in delivering quality products and services, we have selected Saatvik Solar for this supply order. Their commitment to excellence and innovation aligns with our mission of providing sustainable and reliable solar energy solutions.” This agreement represents a significant step forward in GH2 Solar's objective to promote the use of sustainable energy through high-efficiency solar installations. The alliance is expected to benefit from Saatvik Solar's innovative technology and high-quality solar modules, which are intended to enhance energy output and efficiency.
This collaboration between Saatvik Solar and GH2 Solar exemplifies the efficient, sustainable, and impactful renewable energy projects driving India's clean energy revolution. Saatvik's commitment to innovation and quality positions it at the forefront of the nation's journey towards a greener, more energy-independent future.
About Saatvik Solar
Saatvik Solar is India's premier Solar PV Module manufacturer, dedicated to driving sustainable energy solutions for a brighter future. Founded in 2016 with a vision to revolutionize the solar industry, the company has established itself as a pioneer in the field. It operates a state-of-the-art manufacturing facility strategically located in Ambala. With an impressive 3.8 GW module manufacturing capacity as of FY24-25 and strategic expansion plans in progress. Company further intends to establish integrated cell and module manufacturing line in northern part of the country with an annual production capacity of 4GW, for which 2GW will be Cell manufacturing and 2 GW for modules manufacturing.
For further information, please contact:
Vineet Kumar Dhiman, Saatvik Solar: vineet.kumar@saatvikgroup.com /+91-9650043472
Ishank Garg, Adfactors PR: ishank.garg@adfactorspr.com /+91-9711035025
Supreet Ahuja, Adfactors PR: supreet.ahuja@adfactorspr.com /+91-9999202252
