Waaree Energies secures order of 220MW solar PV Modules from Sprng Energy

The association will see Waaree Energies supplying 220MW of AHNAY Series, Bi-55 545Wp modules for Sprng’s project in Gujarat. 

Autocar Pro News Desk By Autocar Pro News Desk calendar 02 Apr 2024 Views icon914 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Waaree Energies secures order of 220MW solar PV Modules from Sprng Energy

Waaree Energies announced signing a contract with Sprng Energy, a Shell group company, to supply 245MW of solar PV modules. The association entails Waaree Energies supplying 220MW of AHNAY Series, Bi-55 545Wp modules, to be utilised for Sprng’s project in Gujarat. 

Sprng Energy, is a renewable energy platform in India, set up in 2017. The company has renewable energy projects spanned across the country, with a cumulative contracted capacity of over 4.8 GWp, and operational portfolio of 2.3GWp.

Commenting on the agreement, Hitesh Chimanlal Doshi, Chairman & Managing Director, Waaree Group, said, “We are happy to associate with Sprng Energy on their 220MW solar module supply deal. This exemplifies Waaree's commitment to increase the penetration of the renewable energy in India. We believe we are equipped to make a contribution to several solar projects with the delivery of our solar PV modules. This collaboration stands as an opportunity for Waaree to take on a crucial role in advancing India's green energy sector, aligning with our dedication to national sustainability objectives.”

Gaurav Sood, CEO, Sprng Energy, expressed, “Teaming up with Waaree Energies Limited for modules for our project is aligned with the GoI’s emphasis on domestic manufacturing and Make in India initiative. Sprng is glad to partner with Waaree. This partnership will enable our vision for robust and reliable renewable energy solutions. As we continue to expand our portfolio capacity, Waaree's track record in the industry positions them as an ideal partner for our project. We anticipate a successful collaboration that contributes to our commitment to continuously supply green electrons in the national grid. Sprng shall continue to invest in India's clean energy future and its journey is a testament to belief in a sustainable future for India.”

RELATED ARTICLES
InnerCircle: 'Multiple products, platform-based design key factors for viability for EV startups': Aditya Puppala, Co-founder & CTO, Speedloop Auto

auther Autocar Pro News Desk calendar19 Apr 2024

The four-year-old startup aims to bring clean and affordable mass mobility solutions to the market.

InnerCircle: 'Electric bicycles should be the starting point in mainstream e-mobility market', says Chintamani Sardesai, CEO, Nexzu Mobility

auther Autocar Pro News Desk calendar19 Apr 2024

Electric cycles are gaining popularity with people becoming more cognisant of health benefits, environmental consciousne...

Emmforce AutoTech to raise Rs 54 crore through IPO on April 23

auther Autocar Pro News Desk calendar19 Apr 2024

The IPO will comprise 5,499,600 equity shares with the company intending to utilise the capital for setting up a new sub...