India's Saatvik Green Energy Expands into Energy Storage, Plans to Deploy 20GW of Battery Storage Systems in Five Years
2026-04-22 14:13
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en.Wedoany.com Reported - Indian photovoltaic module manufacturer Saatvik Green Energy recently announced its official entry into the battery energy storage market through its newly established subsidiary, Saatvik Power Storage Solutions. The company will focus on developing and deploying Battery Energy Storage Systems (BESS) to support the continued growth of renewable energy in India.

Saatvik Green Energy plans to deploy a total of 20GW of battery energy storage systems over the next five years, and will launch a series of energy storage solutions covering utility-scale, commercial & industrial, and distributed application scenarios.

The company has a solid market foundation in the photovoltaic sector. It currently operates a 4.8GW PV module manufacturing facility in Haryana and is simultaneously constructing a new production base in Odisha, which is expected to add 4GW of capacity. Its EPC (Engineering, Procurement, and Construction) business division is already involved in various fields, including solar farms, floating solar projects, rooftop solar, and battery energy storage systems.

Prashant Mathur, CEO of Saatvik Green Energy, stated: "Energy storage systems will play a key role in driving the next phase of renewable energy development. The establishment of Saatvik Power Storage Solutions reflects our long-term vision of building an integrated clean energy ecosystem, deeply integrating PV module manufacturing and EPC capabilities with battery energy storage systems. This strategic move enables Saatvik Green Energy to make a substantial contribution to India's transition towards reliable, round-the-clock renewable energy power."

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