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Saatvik Green Energy Diversifies Manufacturing into Battery Storage and BESS
Saatvik Green Energy, a key Indian player, is expanding its manufacturing to include inverters, batteries, BESS, and transformers. This diversification strengthens the company's position in the renewable energy value chain. It also involves establishing its own solar cell manufacturing facility.
Saatvik Green Energy, a prominent player in India's solar energy sector, has unveiled ambitious plans for a significant expansion and diversification of its manufacturing operations. The company is moving beyond its exclusive focus on solar energy products, broadening its portfolio to include a range of essential components for the renewable energy sector. This strategic shift encompasses the development of manufacturing facilities for inverters, batteries, energy storage systems (BESS), and transformers.
Saatvik Green Energy's expansion is a direct response to dynamic market conditions and the growing need for a more integrated and independent approach within the renewable energy industry. Prashant Mathur, Chief Executive Officer at Saatvik Green Energy, shared these insights during an interview with Mercom India, conducted on the sidelines of the Renewable Energy India (REI) Expo 2026. He emphasized the importance for manufacturers to adapt to evolving regulations and trade restrictions, and to proactively explore new growth opportunities.
One of the company's immediate priorities is the establishment of its own solar cell manufacturing facility. The first phase of this facility is expected to become operational this quarter, with a second phase planned for next year. Additionally, existing manufacturing capacity is being expanded through the construction of an extra factory.
The focus on batteries and BESS forms a crucial part of Saatvik Green Energy's broader, integrated manufacturing strategy. By producing these systems in-house, the company aims to strengthen its position in the renewable energy value chain and reduce reliance on external suppliers for these vital components. The production of transformers, including specialized products for telecommunications applications, will also be significantly scaled up.
This comprehensive diversification enables Saatvik Green Energy to provide a more complete and robust offering for the rapidly growing demand for renewable energy solutions, both within India and potentially in international markets. The ultimate goal is to strengthen the company's integrated manufacturing capabilities and expand its presence beyond just solar modules, into other crucial equipment required for the large-scale deployment of renewable energy.
These developments were discussed in an interview with Mercom India.
Renewable Energy India (REI) Expo 2026
28 October 2026
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Talk to Oranje-Eco →This article is an Oranje-Eco summary of a report by Mercom India. Read the original: Mercom India.
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