Sterling and Wilson Solar

Solar O&M Market Set To Grow to $15 billion By 2030-Woodmac

Global non-residential solar operations and maintenance (O&M) spend is expected to hit US$15 billion by 2030. But new research from global energy consultancy Wood Mackenzie (Woodmac)   indicates that increasingly competitive auction prices, coupled with rising labour and supply chain costs, mean service vendors face challenges to stay profitable. Leila Garcia da Fonseca, senior manager, Wind […]

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Integrating Storage Key to Solar’s Long-term Success, says Sterling and Wilson Renewable Energy Ltd CEO

In this conversation with Prasanna Singh, Group Editor at Saur Energy, Mr. Chandra Kishore Thakur, CEO, Sterling and Wilson Renewable Energy Limited, reflects on the firm’s current and future plans. Throwing light on solar’s growth potential in India, Mr. Thakur cites inflation, supply chain constraints and GST taxation structure, among others, as key challenges. Q. What […]

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It’s Shopping Sunday For Reliance With 40% Stake in Sterling And Wilson Solar

In a Stock exchange filing today, Sterling and Wilson Solar has informed the exchange about the signing of definitive agreements by Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (Reliance), and Shapoorji Pallonji and Company Private Ltd (SPCPL), Khurshed Daruvala and Sterling and Wilson Solar Ltd (SWSL) to acquire 40.0% […]

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ENGIE Commissions 200 MW Raghanesda Solar Project

ENGIE has announced the commissioning of a 200 MWAC (290 MWp) Solar Power Project at the Raghanesda Solar Power Park, in Raghanesda, Gujarat. ENGIE collaborated with multiple Government of Gujarat entities to construct the project that will generate close to 546 gigawatt-hours of electricity.  The project was won under a tender process run by GUVNL […]

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Sterling and Wilson Solar Q1 Results. Underwhelming

Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the leading solar EPC and O&M solutions provider, announced its unaudited financial results for the quarter ended 30th June 2021. The Company’s consolidated revenue from operations for Q1FY22 stood at Rs. 1,195 crore and adjusted gross margins stood at Rs 28 […]

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S&W Solar Expands Menu, Adds Hybrid energy, Storage and Waste To Energy

Sterling and Wilson Solar Limited (S&W Solar) has announced that it will be expanding its EPC (Engineering, Procurement and construction) solutions offerings to cover Hybrid energy projects as well now. Besides this, it will double don further on its energy storage solutions and waste to energy offering now. Hybrid energy solutions involve combining two or […]

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Sterling and Wilson Solar Q4 2021 Results-Heavy Losses

The Shapoorji Pallonjee Group’s Sterling and Wilson Solar, on Tuesday, announced their March results and the story is not good. Having already informed exchanges about hits the firm took in the quarter from a contractor’s bankruptcy, and other issues, the firm slipped into losses for the year. The firm had earlier issued a warning regarding […]

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Solar O&M Gets Set For The Big League In India

As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […]

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