The Unicorn In Solar Market : Zetwerk’s Story Updated On Thu, Aug 31st, 2023 by Saurenergy Ever since the solar sector was brought into focus sharply in 2014, in the form of an ambitious capacity addition plan by the central government, the sector has been abuzz. Yes, there have been the predictable, and some unpredictable roadblocks too, be it the covid pandemic, or the price volatility that followed it. But there […] Read more
Sterling and Wilson Renewable Adds 600 MW Order From GIPC Updated On Mon, Aug 14th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), has announced that it has received a Letter of Intent (LoI) from Gujarat Industries Power Company Limited (GIPCL), for its proposed 600 MWac (equivalent to 750 MWdc) solar PV project at Khavda. The total bid value, including O&M for 3 years would be ~INR 1,130 crore (including taxes […] Read more
Sterling and Wilson Renewable Energy Continues Its Revival With Big Order Wins Updated On Fri, Aug 4th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE or SWSOLAR) the leading renewable EPC, announced that it has won orders worth INR 826 crore in the first four months of FY 2023-24. The orders aggregate to around 1 GWp and include projects in Rajasthan, Uttar Pradesh and Gujarat. Scope of work for all projects include design, […] Read more
Sterling and Wilson Reports Rs 522cr Total Income In Q1 FY24 Updated On Thu, Jul 13th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited today announced its First Quarter (Q1) Financial results today. Its total income consolidated (unaudited) came down from Rs 1,211.06 crore in Q1 of FY22-23 to Rs 522.35 crore in Q1 of FY 23-24, a plunge of 57 percent YoY. It also reported a sharp reduction of total expenses in […] Read more
Sterling & Wilson Renewable Reports Rs 421 Cr Loss in March Qtr Updated On Fri, Apr 21st, 2023 by Saurenergy Renewable engineering, procurement and construction (EPC) solutions provider Sterling and Wilson Renewable Energy has released its financial results for the quarter ended March. The company clearly continues to ‘clean up’ after Reliance joined as a promoter group, with consolidated revenue having dipped 92% Y-O-Y, pegged at Rs 421.11 cr. The firm has exited businesses, contracts […] Read more
Sterling & Wilson Selects Nextracker for NTPC REL’s 1.255 GW/1.568 GW Project Updated On Thu, Mar 30th, 2023 by Saurenergy A provider of solar tracker and software solutions, Nextracker, has announced the signing of an agreement with Sterling and Wilson Renewable Energy Limited, which is renewable energy EPC and O&M solutions provider. Nextracker will deliver its solar trackers to NTPC Renewable Energy Limited’s 1.255 GW solar PV project in Khavda Renewable Energy Park, Gujarat. Sterling […] Read more
Sterling & Wilson Gets 1500 MWdc NTPC Order for Rs 2,100 cr Updated On Tue, Mar 21st, 2023 by Saurenergy Mumbai-based Sterling & Wilson Renewable Energy Ltd (SWRE) has said that the clean energy company has emerged as a successful bidder for a renewable energy project of Rs 2,100 crore. Sterling & Wilson held that it emerged as the L-1 bidder for the balance of system (BOS) package comprising four blocks of the proposed solar […] Read more
“What is important is the intent; Capability can be built”, Shilpa Urhekar, Sterling & Wilson Renewable Energy Updated On Tue, Mar 7th, 2023 by Saurenergy Shilpa Urhekar is one of those rare professionals in the solar sector who have seen the sector evolve from its tentative origins, when a MW-sized project was a milestone, to the current shift, when GW-sized ambitions are at par for the course. The former Indian Air Force squadron leader has been involved with establishing module […] Read more
Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023 Updated On Tue, Jan 31st, 2023 by Saurenergy The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […] Read more
