Renewables
Saatvik Green’s Q2 Profit Down 76% as Solar Cell Shortage Bites
CEII brief
Mercom India reported on 6 Nov 2026: Saatvik Green’s Q2 Profit Down 76% as Solar Cell Shortage Bites.
Read the full story on Mercom IndiaHaryana-based solar module manufacturer Saatvik Green Energy reported a revenue from operations of ₹9.03 billion (~$93.8 million) in the second quarter (Q2) of the financial year (FY) 2027, up 17.5% year-over-year (YoY) from ₹7.68 billion (~$79.8 million).The company’s profit…
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
27.8% of electricity in the world was renewable in 2021Original reporting © Mercom India. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
