By Nidhi Dua Founded in 2011, Aditya Birla Renewables Limited is the renewable energy arm of the Aditya Birla Group, a Fortune 500 conglomerate headquartered in Mumbai, India. The company was among the early entrants […]
Aditya Birla Renewables Limited has entered into an agreement to acquire 100 per cent equity shares and securities of Solenergi Power Private Limited from Shell Overseas Investment B.V., a wholly owned subsidiary of Shell PLC. […]
Calcutta Electric Supply Corporation (CESC) has announced the result of its 600 MW interstate transmission system connected (ISTS) wind-solar hybrid power projects. Vismaya Renewables India Project won a capacity of 100 MW at a tariff […]
Waaree Energies Limited has secured an order for the provision of 245 MW solar photovoltaic modules from Sprng Energy. The partnership involves Waaree Energies Limited providing 220 MW of AHNAY series, Bi-55 545 Wp modules, […]
Sprng Energy, IB Vogt, Hinduja Renewables, and Blupine Energy have won the Gujarat Urja Vikas Nigam (GUVNL) auction to deliver power from 500 MW of grid-connected solar power projects (Tranche XVIII), with an additional 500 […]
In the backdrop of India’s ambitious clean energy goals, the renewable energy sector is increasingly channelising capital and policy focus towards wind-solar hybrids and energy storage. For Sprng Energy, this is an exciting opportunity, given […]
Shell Overseas Investment B.V, a wholly-owned subsidiary of Shell plc has notified its 100 per cent acquisition of Solenergi Power Private Limited and the Sprng Energy group of companies from Actis Solenergi Limited. Through this […]
Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has agreed to acquire a 100 per cent stake of Solenergi Power Private Limited and the Sprng Energy group of companies for $1.55 […]
National, April 29, 2022 – Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for […]
Ecoppia, an Israel-based company, has announced that it has been selected to supply robotic cleaning solutions for with Sprng Energy’s 150 MW solar project. The said solar project is located in Ananthapuram in Andhra Pradesh […]
Incorporated in 2017 with equity infusion from Actis, Sprng Energy has a contracted portfolio of around 2.7 GWp. By next year, the company aims to find a new investor for its entire platform as Actis […]
The solar power segment has remained resilient to disruptions caused by the pandemic. In recent months, the Ministry of New and Renewable Energy (MNRE) has worked extensively to promote domestic manufacturing, introducing basic customs duty […]
Taking advantage of the huge push to renewable energy development over the past decade, a number of companies set up clean energy ventures. Supported by an influx of foreign capital, these ventures have grown in […]
Set up in early 2017 by Actis, Sprng Energy has already built up a renewable power portfolio of 1.55 GW and continues to grow, supported by strong financial backing and the country’s competitive landscape. In […]
After a long delay, the results of the 500 MW wind power auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL) have finally been announced with six companies winning contracts to set up this capacity. […]
The solar segment in India has gained significant momentum over the past two years, resulting in record capacity additions in 2016-17 and an optimistic outlook for 2017-18 as well. Investments have been flowing in as […]
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