Ecoppia to Deploy Its Cloud-Based Robotic Cleaning Solution Over Additional 325 MW in India

HERZLIYA, Israel, August 6, 2018

Maintains global leadership with over 3 GW of secured projects

Ecoppia, the world-leader in robotic, water-free photovoltaic solar panel cleaning solutions, announced today an agreement for deploying its E4 robotic system in a 325MW site in REWA solar park in the state of Madhya Pradesh, India.

The site is developed by Sprng Energy, a renewable energy platform backed by emerging markets-focused private equity Actis Capital and is expected final COD by Q1 2019. Sprng Energy had won the project at a record low-tariff of INR 2.97, which was the lowest tariff at the time of bidding.

In line with its declared vision to build a best-in-class clean energy platform which delivers superior stakeholder value in a sustainable and ethical manner, Ecoppia was chosen to equip the site with its cloud based, connected and environmental friendly E4 solution.

With the deployment of the Ecoppia robotic system, Sprng Energy is expected to save over 1 billion of liters of water and reduce its operating expenses drastically.

Ecoppia is already operational or in the process of deployment over >1.5 GW and had already secured 3 GW of projects globally.

“We are excited to collaborate with Ecoppia and integrate top technologies, which can stand the test of time and last for 25 years in harsh conditions, in our solar projects,” said Gaurav Sood, CEO of Sprng Energy. “We are convinced that adopting breakthrough technologies like Ecoppia is the key for coping with the challenging market conditions,” he concluded.

“We are thrilled to be working again with Actis Group and expanding our collaboration following successful deployments in Rajasthan,” said Eran Meller, CEO of Ecoppia. “We are looking forward to extending the partnership to additional regions,” he continued.

About Sprng Energy Private Ltd.

Sprng Energy is a renewable energy platform set up in India by Actis, with a total commitment of US$450mn of equity from Actis Energy Fund 4 to set up c.2GW of renewable energy capacity (solar and wind) in the next 4-5 years. In Feb 2017, Solenergi – a 100% Mauritius based holding company of Sprng Energy Private Limited participated in the Rewa solar park auction and won a 250MW PPA, which is currently under development. It has further won additional 500MW solar capacity and 500MW wind capacity which is under execution. For more information please visit http://sprngenergy.com/

About Ecoppia

With over 3GW of secured projects, Ecoppia is the world leader in robotic solutions for PV, offering a connected platform, cost-effectively maximizing the performance of utility-scale installations the world over.

Cloud-based, the Ecoppia water-free, automated robotic systems remove dust from panels on a daily basis using advanced machine learning and IOT capabilities.

Remotely managed and controlled, the Ecoppia platform allows solar sites to peak perform with minimal costs and human intervention. Thanks to Ecoppia’s proprietary algorithms and robotic solutions, it makes the day-to-day O&M solar activities safer, efficient and more reliable. Privately held organization backed by prominent and experienced international investment funds, Ecoppia works with the largest energy companies globally, cleaning millions of solar panels every month.