Solex Energy Partners with Sprng Energy, a Shell Group Company, for 100 MW Supply of N-Type TOPCon Solar Modules – EQ
Surat, Gujarat – Solex Energy Limited (NSE: SOLEX), one of India’s most trusted solar brand, has announced the signing of a Module Supply Agreement (MSA) with Sprng Energy Private Limited (a member of Shell group) – one of the leading Independent Power Producer (IPP) in the country. Under this agreement, Solex will supply 100 MWp of high-efficiency N-Type TOPCon 585/590 Wp solar modules for Sprng Energy’s projects in Gujarat. Valued at around ₹1,500 million, the modules are scheduled for delivery by the second quarter of 2025, reinforcing Solex’s commitment to innovation and quality in the solar energy sector.
Commenting on the partnership, Chetan Shah, Chairman & Managing Director of Solex Energy Limited, said, “We are delighted to partner with Sprng Energy for this prestigious project. This agreement reflects their trust in Solex’s unwavering commitment to quality and innovation. Our N-Type TOPCon modules are designed to meet the highest standards of efficiency and durability, ensuring robust performance even in challenging environments. As we celebrate 30 years of excellence, partnerships like this reaffirm our mission to drive the global transition to clean energy.”
Commenting on the association, Gaurav Sood, CEO Sprng Energy added, “We remain dedicated to deploying cutting-edge renewable energy solutions and continue our onward journey of supplying green electrons to our varied stakeholders. Our decision to collaborate with SOLEX Energy stems from their proven track record in delivering superior quality solar modules. We look forward to working together to achieve our sustainable future vision.”
Solex Energy’s manufacturing processes adhere to stringent IEC standards, ensuring unparalleled product reliability. With certifications such as BIS, CE, and UL and inclusion in MNRE’s Authorized List of Module Manufacturers (ALMM), Solex continues to set benchmarks in the solar industry.
This partnership further aligns with Solex’s Vision 2030, emphasising sustainability, innovation, and fostering growth in India’s renewable energy sector.
About Solex Energy Limited:
Headquartered in Surat, Solex Energy has been a pioneer in sustainable energy since 1995. As the first Indian solar brand listed on NSE Emerge (stock code: SOLEX), Solex is renowned for producing high-end photovoltaic modules at competitive prices and offering comprehensive EPC services.
Our global factory in Tadkeshwar, Gujarat, has a 1.5 GW production PV module manufacturing capacity. Solex holds key certifications for domestic and international markets and exports to several countries. As a trusted OEM provider, we serve internationally recognised brands.
Built upon our core values of consistency, quality, and commitment, we transcend being merely a solar company to become your trusted partner in fulfilling your PV module and EPC requirements.
About Sprng Energy Private Limited:
Sprng Energy Private Limited (SEPL) is a renewable energy platform, set up in 2017. In August 2022 – SEPL became a wholly owned subsidiary of Shell group. Till date, SEPL has a cumulative contracted capacity over 4.8GWp from which 2.51GWp stands operational and an additional 7.6GWp under various stages of development. SEPL is one of the IPP’s in the country and offers solar, wind, hybrid & RTC solutions for utility & C&I businesses. SEPL invests in India’s clean energy future and its journey is a testament to an unwavering belief in a sustainable future for India.
