Saatvik Solar Secures 200 MW Supply Contract with GH2 Solar

Saatvik Solar has signed a 200 MW solar module supply contract with GH2 Solar. The contract involves delivering bifacial solar modules over 12 months starting January 2025. The financial specifics of the deal remain undisclosed. Saatvik has a current capacity of 3.8 GW with an additional 2 GW under development.

Saatvik Solar has announced a significant contract win with GH2 Solar, securing an agreement to supply solar modules amounting to 200 MW over a year-long period beginning in January 2025.

Under the terms of the collaboration, Saatvik Solar will provide bifacial solar modules, specifically the mono perc bifacial half-cut solar PV modules rated at 540/550Wp. These will be implemented across several solar projects throughout India over the next year.

The company remains tight-lipped about the financial details of the transaction. Currently, Saatvik Solar boasts a 3.8 GW capacity in solar module manufacturing, with plans to expand by an additional 2 GW, reinforcing its position in the energy sector.

(With inputs from agencies.)