Waaree Energies Secures 220MW Solar PV Module Order from Sprng Energy

Waaree Energies Secures 220MW Solar PV Module Order from Sprng Energy

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

Sprng Energy Private Limited, 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.”

Waaree Energies Limited was founded in 1990. It is India’s largest manufacturer of solar PV modules with an aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report), the firm said.