Saatvik Group has appointed Dr. Rakesh Kumar as Executive Vice President – Ancillary Business and Business Head – Battery Energy Storage Systems (BESS), strengthening its leadership team as the group expands its presence across energy storage and allied renewable energy businesses.
Dr. Kumar brings more than two decades of experience spanning renewable energy, battery energy storage, solar manufacturing, business development, sales and marketing, plant operations, and quality management.
Before joining Saatvik Group, Dr. Kumar served as Chief Executive Officer – Renewables at DDEV Plastiks Industries Limited. In this role, he was responsible for the company’s 5 GWh BESS business, serving utility-scale as well as commercial and industrial applications. His responsibilities included setting up automated production lines, strengthening domestic manufacturing capabilities, and ensuring product reliability through testing and certification.
Earlier, Dr. Kumar held the position of President – Renewables at Kosol Energie and served as Vice President – Sales & Marketing at Vishakha Renewables. He also worked as Plant Head at Masdar Industrial Alternative Energy in Riyadh, where he was involved in solar module manufacturing, business development, and market expansion. Prior to that, he served as Sales and Marketing Head – Wahaj Solar at SIPCHEM.
His career also includes technical and leadership roles at Goldi Solar, Aksh Optifibre, Euro Multivision, and Moser Baer Photo Voltaic. During his tenure at Moser Baer, he worked on solar cell and panel process development, quality systems, and manufacturing traceability.
In his new role at Saatvik Group, Dr. Kumar will oversee the company’s ancillary business and BESS operations, contributing to the expansion of its energy storage portfolio.
Saatvik Group has been expanding its presence across the renewable energy value chain, with businesses spanning solar PV manufacturing, EPC, solar pumps, inverters, transformers, and energy storage. Its dedicated energy-storage arm, Saatvik Power Storage Solutions, was incorporated in March 2026 and is focused on developing battery technologies and energy storage systems. The company has outlined plans to develop up to 20 GW of storage capacity over the next five years.
