Saatvik Solar has signed a contract with GH2 Solar to supply 200 MW of high-efficiency PV modules for various solar projects in India. Under the contract, Saatvik Solar will supply mono PERC bifacial half-cut PV modules, rated at 540/550 Wp.
The module delivery is set to commence in January 2025 and will span a 12-month period.
Saatvik Solar, founded in 2016, operates a state-of-the-art manufacturing facility strategically located in Ambala. It has a 3.8 GW/year module manufacturing capacity as of FY 2024-25 with strategic expansion plans in progress. The company further intends to establish an integrated cell and module manufacturing line in northern part of the country with an annual production capacity of 2 GW PV cells and 2 GW modules.
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