Saatvik Solar and Enrich Energy have signed an MoU for the supply of 200 MW of photovoltaic modules. The modules, to be delivered in India, for upcoming projects of Enrich, Saatvik is set to commence the distribution of mono PERC 550 Wp modules with high efficiency starting from February 2024. The delivery is anticipated to be finished in the upcoming nine months. Saatvik will dispatch modules for Enrich projects from its module manufacturing facility in Ambala.
The company has recently expanded its capacity to 3 GW and incorporated n-type TOPCon modules into its product range at this location.
In June 2023, Saatvik Green Energy announced the award of an 8.08 MW DC (6.5 MW AC) solar power project for a cement and power conglomerate.
In November 2022, Saatvik secured an order to supply 4 MW of solar modules to state-run Bharat Heavy Electricals Limited for photovoltaic projects in Uttar Pradesh.