Will CoronaVirus Prove To Be The Force Majeure Of 2020 for Indian solar? Updated On Sat, Feb 15th, 2020 by Saurenergy India’s renewable, and especially the solar sector, has had a tough time since 2018. In 2018, it was the Goods and Services Tax (GST) which upended calculations of bid winners, especially those who signed their PPA’s just before the GST came in. If that wasn’t enough, it was followed by the Safeguard Duty, which muddied […] Read more
Q3 results. Sterling and Wilson Continues To Answer More Questions Updated On Thu, Feb 13th, 2020 by Saurenergy With the fracas over repayment of loans to promoters barely dying down, Sterling and Wilson’s rocky start to its relationship with the markets was supposed to become steadier. Instead, the firm found itself preparing for a barrage of questions, after underwhelming results. Readers might recall the punishment the firm’s stock price took, when it was […] Read more
As Cancellations Surge, India’s Solar ‘Pipeline’ Drying Up Updated On Thu, Jan 30th, 2020 by Saurenergy News from the much celebrated 2 GW auction of NTPC in 2018, where top developers had bid for prices as low as Rs 2.59 is not good. 70 percent of the capacity won by developers, namely, Acme Solar, Shapoorji Pallonji, and Azure Power, have opted out of the deal, citing regulatory delays. The option of […] Read more
The Solar Rush in the Middle East Picks Pace Updated On Thu, Jan 16th, 2020 by Saurenergy Back in 2013, when the Mohammed bin Rashid Al Maktoum Solar Park, was launched near Dubai with 13 megawatts of capacity, like in most projects in the region, the ambitions were grand. In 15 years, it was expected to expand to 3,000 MW, with a target to supply the Dubai Electricity and Water Authority (DEWA) […] Read more
Missing. A Public Presence for Renewable Firms in India Updated On Mon, Dec 2nd, 2019 by Saurenergy Back in March 1999, when Infosys Limited, the software firm that was just beginning to get noticed listed on the Nasdaq stock market in the US, it was a seminal moment for the firm and the Indian IT sector in general. Not only did the firm become the first Indian firm to list on NASDAQ, […] Read more
Sterling and Wilson Solar Shares Tumble 7-10% on Debut Updated On Wed, Aug 21st, 2019 by Saurenergy Shares of Sterling and Wilson Solar made a disappointing debut on the bourses, falling between 7 and 10 percent over its issue price of Rs 780. Shares of Sterling and Wilson Solar made a disappointing debut on the bourses on August 20, 2019, falling more than 10 percent over its issue price of Rs 780. The scrip […] Read more
Sterling and Wilson Solar Takes Top Spot as Global Solar EPC Service Provider Updated On Tue, May 28th, 2019 by Saurenergy The company was also ranked as the largest Solar EPC solutions provider in India with a market share of 16.6%, 3 times the size of its closest competitor. Sterling and Wilson Solar Limited, a subsidiary of the Shapoorji Pallonji group, has been ranked as the world’s largest Solar EPC service provider by IHSMarkit in its […] Read more
Sterling & Wilson Solar files for Rs 4,500 crore-IPO with SEBI Updated On Wed, Apr 17th, 2019 by Saurenergy The company’s revenue from operations in the first nine months of 2018-19 went up by 83 % to Rs 5,915 crore while net profit jumped 98 % to 343 crore during the period. Shapoorji Pallonji Group’s renewable energy arm Sterling and Wilson Solar today filed Draft Red Herring Prospectus (DRHP) with market regulator Securities and […] Read more
Sterling and Wilson to Strengthen Footprints in Kazakhstan; Mulls 200MW Solar Projects Updated On Thu, Oct 11th, 2018 by Saurenergy The country is working to increase the share of renewable energy in electricity generation, which is expected to reach 3 percent by 2020 and 10 percent by 2030. One of the leading solar EPC solutions providers Sterling and Wilson has planned to strengthen its footprints in Kazakhstan. The company is targeting a CPE (electrical performance […] Read more
