Saatvik Solar secures 213MW solar PV modules supply contract from L&T Energy – EQ
In Short : Saatvik Solar has secured a contract to supply 213 MW of solar PV modules to L&T Energy. This collaboration aims to enhance renewable energy production and support India’s transition to sustainable power sources. The deal underscores Saatvik Solar’s commitment to delivering high-quality solar technology and contributes to the growing demand for clean energy solutions in the country.
In Detail : Saatvik Solar has secured a significant contract to supply 213 MW of solar PV modules to Larsen & Toubro (L&T) Energy.
The order will support L&T Energy’s 245 MW Bihar Battery Energy Storage System (BESS) project, with 185 MW dedicated to a grid-connected solar plant and 45.4 MW to a 4-hour battery storage system in Kajra district.
Saatvik will deliver its advanced 545 Wp Mono PERC bifacial modules, known for their high efficiency and durability. The supply is set for completion by March 2025.
Prashant Mathur, CEO of Saatvik Solar, highlighted the importance of this partnership in expanding India’s clean energy initiatives. He emphasised that the collaboration with L&T Energy marks a key milestone in Saatvik’s growth and strengthens its role in advancing renewable energy.
Saatvik Solar continues to innovate with high-efficiency solar modules and is also exploring investments in electrolyser battery manufacturing and storage solutions. The company’s efforts aim to meet the increasing demand for cutting-edge solar technology in India and globally.