Rs 747 Crore US Order Win for Sterling and Wilson

Sterling and Wilson Solar Solutions, Inc (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL) has announced that it has been awarded a USD 99 million (~INR 747 crore) contract to construct a 194 MW project in the United States of America. It is being developed by a leading sustainable energy company, and will be co-located in an area that has substantial wind development in operation.

Construction for the project will commence in September 2020 and will be commissioned by November 2021. SWSS will be managing the entire turn-key execution for the PV project, and once commercially operational, the plant will produce enough solar energy to power over 35,000 homes, saving approximately 275,000 metric tons of carbon emissions. The plant will be utilizing bifacial technology to increase production of power density.

Mr. Amit Jain – Country Head, SWSS said, “We are delighted to have been awarded this project in USA, which has some of the best renewable energy resources in the world. Sterling and Wilson Solar Solutions, Inc is focused on technological efficiency, performance, consumer centricity, and execution which has helped us to win and build projects in this strategically located market.”

The Us win comes close on the heels of some strong order gains in Australia, another market that the firm has patiently invested in.

SWSL (along with its subsidiaries) has commissioned numerous high-performing solar power projects globally and has to its credit around 9.2 GWp projects in various geographies. This portfolio includes a 1,177 MWp solar project in Abu Dhabi – one of the world’s largest single location solar PV plants. SWSL also manages a portfolio of 7.4 GWp of O&M projects globally, a testament to its best-in-class services.

The win comes shortly after the firm declared its fourth quarter, and full year results, where it iterated that the impact from Covid-19 was manageable, presently.