Saatvik Solar, which is aiming for 3GW of annual solar production output by the end of next year, has reached 1GW through the addition of a 500MW mono PERC panel factory in Haryana. The new production base is made to make mono
PERC, half-cut, multi-busbar technology to produce high-efficiency solar modules with a power output of 530-610Wp.
Saatvik is setting up an additional 1.2GW of solar production capacity in Gandhidham, Gujarat and has said it plans to create an “eco system” featuring module and cell manufacturing.
“As a part of the government plan to achieve 280GW of solar capacity by 2030, and to bring cutting-edge technology to India for manufacturing high-efficiency modules, we have just added 500MW [of] mono PERC, half-cut, MBB [multi-busbar] technology to produce high-efficiency solar PV modules,” said Saatvik CEO Prashant Mathur.
“Further, we are setting up a greenfield manufacturing project in Gandhidham, Gujarat, to raise manufacturing output to 3GW by 2023.”
