Shell to Acquire Sprng Energy Group for $1.55 Billion
Shell Overseas Investment, a wholly-owned subsidiary of Shell, today signed an agreement with Actis Solenergi Limited to acquire 100% of Solenergi Power Private Limited for $1.55 billion and the Sprng ...
Wind Developer Seeks Declaration of PPA Termination, Return of Bank Guarantee
The Central Electricity Regulatory Commission (CERC), has responded to a petition by Sprng Wind Energy seeking a declaration that the power purchase agreement (PPA) signed with SECI stood terminated and ...
Daily News Wrap-Up: Ola Electric’s Co-Founder Invests in EV Company
Here are some noteworthy cleantech news and announcements of the day from around the world: EVage, an Indian mobility tech company, announced that it raised strategic investment through the funding ...
CERC Examines Wind Developer’s Petition for Relief from Transmission Charges
Renewable developer Sprng Renewable Energy Private Limited recently approached the Central Electricity Regulatory Commission (CERC) against the Power Grid Corporation of India Limited (PGCIL), seeking relief on the grounds of ...
Actis Acquires 400 MW of Solar Projects from ACME
UK-based investor Actis has completed the acquisition of two solar projects with a total capacity of 400 MW from ACME Solar Holdings Limited. The deal is expected to be valued ...
Heavy Rains Wreak Havoc in Madhya Pradesh, Damage a 250 MW Solar Project
The onslaught of monsoon and severe weather has caused significant damage to a 250 MW solar PV project in Madhya Pradesh. Heavy rainfall and lightning accompanied by storm with wind ...
Sprng Energy Commissions 250 MW of Solar Projects at Madhya Pradesh’s Rewa Solar Park
Sprng Energy Private Limited, the renewable energy platform of Actis Private Equity Funds, has announced the commissioning of its first renewable energy project in India. The 250 MW solar project ...
Actis Acquires 194 MW of Solar Assets from Shapoorji Pallonji
Actis has acquired 194 MW of operating solar power assets from Shapoorji Pallonji Infrastructure Capital (SP Infra) through Sprng Energy, its renewable energy platform in India. Actis is an investor ...
Sprng Energy Quotes Lowest Tariff of ₹2.77/kWh in NTPC’s 1.2 GW Wind Auction
The National Thermal Power Corporation (NTPC) has auctioned 1.2 GW of interstate transmission system (ISTS)-connected wind power projects to be developed across India. In the auction, Sprng Vayu Vidyut Private ...
Sprng Energy, Ayana and SB Energy are the Winners in 750 MW NTPC Auction
Sprng Energy, Ayana Renewable Power, and SB Energy were winners in the recently conducted auction by the National Thermal Corporation of India (NTPC) for 750 MW of solar projects in ...
