ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Saatvik Solar secures 200 MW Solar PV modules supply order from Enrich.

By: IssueWire
Enrich Saatvik

Delhi, India Jan 16, 2024 (Issuewire.com) - Saatvik Solar and Enrich Energy just inked an agreement (MoU) for the delivery of 200 MW of solar PV modules for Enrich's forthcoming projects in India. Saatvik will begin supplying the high-efficiency Mono Perc 550Wp modules from February this year and complete the supplies within the next nine months.

Enrich Energy Private Limited is India's leading Solar EPC company, that pioneered the Solar park concept in India in 2011, and has since then been developing solar projects for leading PSUs, India's leading green energy developers, and socially responsible corporates. Enrich has a presence in 10 key solar states in India.

Mr. Ankit Kanchal, MD at Enrich Energy, said that this partnership reflects Enrich's broader commitment towards local procurement and Make in India. Adding further he said, that Enrich has been strategically focusing on local procurement of quality products and contributing to the sustainable energy efforts of its Customers, as well as the federal goal of a larger share of renewables in the country's energy mix. He added that the company aims to expand its Solar EPC business across international borders, and possibly take this strategic tie-up to global markets in the future.

 Mr. Prashant Mathur, CEO of Saatvik Solar, stated that this order from Enrich was a much coveted one, as also strategic in nature. He stated that both organizations shared the common goal of sustainability and growth. Together, we are making significant progress toward building a larger clean energy landscape, contributing to a brighter and more ecologically friendly future. This synergy will help boost its presence in markets that have high growth potential.

He thanked Enrich for placing its trust and assured its best product and delivery from its module manufacturing facility at Ambala, which recently enhanced its capacity to 3.0 GW, as well as the addition of N-Topcon modules in its product basket. His final statement was an announcement, that his Company also intends to build a 2.5 GW green field project in Gandhidham, Gujarat, as he moved into the foreground to capture this historic moment.

https://solarquarter.com/2024/01/16/saatvik-solar-secures-200-mw-solar-pv-modules-supply-order-from-enrich/

https://www.pv-magazine-india.com/2024/01/15/saatvik-solar-secures-200-mw-pv-modules-supply-order-with-enrich/

 

Media Contact

Saatvik Green Energy Pvt Ltd


*****@saatvikgroup.com

9650043472

Saatvik Solar ,Tower A, IFFCO Complex, Plot No. 3, Institutional Area, Sector 32 Gurugram, Haryana, India - 122001

http://www.saatvikgroup.com

Source :Saatvik Green Energy Pvt Ltd

This article was originally published by IssueWire. Read the original article here.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.