Saatvik Green Energy

In a significant boost to India’s renewable energy ambitions, Saatvik Green Energy Pvt. Ltd. has unveiled plans to invest Rs. 3,150 crore in establishing a state-of-the-art solar module and cell manufacturing facility in Odisha. The project underscores India’s growing commitment to domestic solar production under the Make in India initiative and aligns with the government’s broader goal of achieving 500 GW of renewable capacity by 2030.

Renewable energy company Saatvik Green Energy has reported a significant rise in profit for the quarter ended June 2025, buoyed by higher solar module sales, capacity expansion, and growing demand for clean energy solutions. The company’s robust quarterly performance reflects India’s accelerating shift toward sustainable power generation and the increasing appetite for domestically manufactured solar components.

Saatvik Green Energy has secured a significant order for supplying and installing solar-powered water pumps in Maharashtra, marking a strategic step in the state’s clean energy and rural development initiatives. The project underscores the growing role of renewable technologies in supporting agricultural communities by reducing dependence on conventional electricity and diesel pumps. This development reflects India’s broader policy push toward sustainable energy adoption and highlights the increasing participation of private sector players in driving the solar revolution.