India's Saatvik Solar expands panel manufacturing capacity to 1 GW

Solar panels. Author: Frédéric BISSON. License: Creative Commons, Attribution 2.0 Generic.

February 14 (Renewables Now) - Indian photovoltaic (PV) module manufacturer Saatvik Solar has lifted its annual production capacity to 1 GW after opening a 500-MW expansion facility in Ambala in the northern Indian state of Haryana, it said last week.

The company is looking to reach a production capacity of 3 GW by 2023. To achieve that it is developing a greenfield manufacturing project in Gandhidham in the state of Gujarat and plans to bring online 1.2 GW there in the new financial year.

The new Ambala facility uses mono PERC half cut MBB technology to make its modules. According to the announcement, the expansion is in response to the government’s aim to reach 280 GW of solar by 2030 and to encourage manufacturing of high-efficiency modules.

Saatvik says it has so far sold more than 800 MW of PV modules.

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Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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