saatvik-green-energy

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India Can Build a Complete Solar Manufacturing Ecosystem Within Five Years: Interview

India’s solar manufacturing sector is expanding rapidly as the government pushes for greater domestic value addition through frameworks like the Approved List of...

August 3, 2026

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Rakesh Ranjan

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Manufacturing

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Solar
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Skilling, R&D, Cost Competitiveness Key to India’s Solar Cell Manufacturing Growth

India’s solar cell manufacturing industry is entering a decisive phase as the domestic market adjusts to the implementation of the Approved List of Models and...

July 7, 2026

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Melvin Mathew

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Manufacturing

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Solar
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Saatvik’s Q4 Revenue Soars on Product Diversification, Backward Integration

Haryana-based solar module manufacturer Saatvik Green Energy reported a revenue of ₹16.07 billion (~$167 million) in the fourth quarter (Q4) of the financial year (FY)...

May 21, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Why India’s Solar Cell Production Lags Behind Module Manufacturing

India’s solar manufacturing sector is expanding unevenly, with module production scaling rapidly while cell manufacturing continues to lag. Despite policy support and...

April 29, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Paid

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Solar
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Saatvik Green Energy Acquires 80% Stake in Transformer Manufacturer

Haryana -based solar module manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals, a Jaipur-based transformer...

April 23, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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Trina, Waaree, Goldi, Rayzon, and Saatvik Lead Solar Module Supply in 2025

Trina Solar, Waaree Energies, Goldi Solar, Rayzon Solar, and Saatvik Green Energy were the top solar module suppliers in 2025, according to Mercom’s recently released...

April 20, 2026

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Ajayan J S

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Mercom Research Focus

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Modules

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Solar
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Saatvik Wins ₹6.38 Billion Solar Cell Order from Module Manufacturer

Saatvik Solar Industries, a subsidiary of Saatvik Green Energy, has won a ₹6.38 billion (~$67.35 million) order to supply G12 R TOPCon solar cells from a solar module...

March 30, 2026

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Melvin Mathew

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Manufacturing

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Solar
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Daily News Wrap-Up: SECI Announces Winners for 4.8 GWh FDRE Auction

Adyant Enersol (Datta Infra), Serentica Renewables India, AMPIN Energy Utility Nine (AMPIN Energy Transition), and ACME Solar Holdings have won Solar Energy Corporation...

February 6, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Saatvik Commissions 2 GW Encapsulation Film Facility in Haryana

Haryana-based solar module manufacturer Saatvik Green Energy (SGEL) has operationalized a 2 GW encapsulation polyolefin elastomer (EPE) film manufacturing facility at...

December 24, 2025

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Parth Shukla

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Manufacturing

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Solar
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Saatvik Secures Orders Worth ₹5 Billion for Supplying Solar Modules

Haryana-based solar module manufacturer Saatvik Green Energy’s material subsidiary, Saatvik Solar Industries, has secured orders worth approximately ₹5 billion (~$55.87...

November 17, 2025

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Parth Shukla

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Modules

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Solar
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Saatvik Green Revenue Up 61.6% in Q2 on Sustained Solar Module Demand

Haryana-based solar module manufacturer Saatvik Green Energy’s revenue rose 61.6% year-over-year (YoY) to ₹7.68 billion (~$86.62 million) in the second quarter (Q2) of...

November 10, 2025

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Parth Shukla

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Markets & Policy

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Solar
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Daily News Wrap-Up: Tamil Nadu Targets 43% Renewable Energy by FY 2030

The Tamil Nadu Electricity Regulatory Commission set a target of meeting 43.33% of its energy requirements from renewable sources by the financial year 2030.  The wind...

October 16, 2025

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Mercom Staff

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Daily Wrap-up

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Other
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Saatvik Green Receives Solar Module Orders Worth ₹7 Billion

Haryana-based solar module manufacturer Saatvik Green Energy has received orders worth approximately ₹6.9 billion (~$78.05 million) to supply high-efficiency solar...

October 15, 2025

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Staff

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Modules

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Solar
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Saatvik Green Receives Solar Module Orders Worth ₹7 Billion

Haryana-based solar module manufacturer Saatvik Green Energy has received orders worth approximately ₹7.07 billion (~$79.62 million) to supply solar modules to...

October 8, 2025

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Staff

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Modules

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Solar
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Saatvik Green’s IPO Closes with 6.5 Times Oversubscription

Haryana-based solar module manufacturer Saatvik Green Energy‘s initial public offering (IPO) was oversubscribed 6.57 times at the end of the bidding window on...

September 23, 2025

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Melvin Mathew

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Press Releases

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Solar

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