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Saatvik Solar Inks MoU for 3.6 GW Solar Cell Manufacturing Facility in Odisha

Saatvik Solar Industries Private Limited has entered into a Memorandum of Understanding (MoU) with the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL), Government of Odisha, for setting up a 3.6 GW solar cell manufacturing facility at Gopalpur in the Ganjam district, Odisha.

The proposed facility is a big step in Saatvik Solar’s plans to expand its manufacturing capabilities in Odisha and contribute to building the renewable energy manufacturing ecosystem in the state. The project is also expected to generate jobs and support the development of the wider industrial ecosystem in the region.

The new facility will be part of Saatvik Solar’s larger manufacturing development at Gopalpur, where the company is already moving ahead with its Phase I integrated manufacturing facility. Phase I has reached key construction and installation milestones and is on track for commissioning. Tool installation is progressing well; ramp-up will start shortly, a major step toward operational readiness.

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