Deals Counterparts

Saatvik Green Energy incorporates Saatvik Power Storage Solutions to develop battery energy storage systems

Partnership Storage announced India Mar 13, 2026
20 GW
Capacity
development
Stage

Saatvik Green Energy has incorporated a wholly owned subsidiary, Saatvik Power Storage Solutions, in India. The new entity will focus on developing and deploying battery energy storage systems for utility-scale, commercial & industrial, residential, and distributed renewable energy applications. The subsidiary plans to explore opportunities in 20 GW of energy storage capacity over the next five years, supporting grid stability and renewable integration.

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Source Intelligence

KEY DETAILS

Saatvik Power Storage Solutions is a wholly owned subsidiary of Saatvik Green Energy. The new entity will focus on developing and deploying battery energy storage systems for utility-scale, commercial & industrial, residential, and distributed renewable energy applications. The subsidiary plans to explore opportunities over the next five years, supporting grid stability and renewable integration across key markets. Quote: "Saatvik Green Energy has incorporated a wholly owned subsidiary, Saatvik Power Storage Solutions." Quote: "The newly formed entity will focus on the development and deployment of battery energy storage systems for utility-scale, commercial & industrial, residential and distributed renewable energy applications." Quote: "The subsidiary plans to explore opportunities in 20 GW of energy storage capacity over the next five years, supporting grid stability and renewable integration across key markets."

Deal Size
The subsidiary has been incorporated with an authorised capital of INR 10,00,000 divided into 1,00,000 equity shares of INR 10 each, with 100% shareholding held by Saatvik Green Energy.
Capacity
The subsidiary plans to explore opportunities in 20 GW of energy storage capacity over the next five years, supporting grid stability and renewable integration across key markets.
Location
Saatvik Green Energy, a fully integrated renewable energy company, has announced the incorporation of its wholly owned subsidiary, Saatvik Power Storage Solutions, in India.
Financials
The subsidiary has been incorporated with an authorised capital of INR 10,00,000 divided into 1,00,000 equity shares of INR 10 each, with 100% shareholding held by Saatvik Green Energy.
Announcement
March 13, 2026
PARTIES MENTIONED IN SOURCE
S
Saatvik Green Energy developer

"Saatvik Green Energy has incorporated a wholly owned subsidiary, Saatvik Power Storage Solutions."

S
Saatvik Power Storage Solutions developer

"Saatvik Green Energy has incorporated a wholly owned subsidiary, Saatvik Power Storage Solutions. The newly formed entity will focus on the development and deployment of battery energy storage systems"

high quality Enriched Mar 13, 2026

Timeline

Announced
Mar 13, 2026
Signed
Closed

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