India’s Solar Powered IPO’s. Why Success Will Matter Updated On Thu, May 9th, 2019 by Saurenergy Recent weeks have brought news of two IPO’s from firms in the sector. First is of course Sterling and Wilson’s plans for a billion dollar IPO, with almost $650 million being the shares offered by key promoters Shapoorji Pallonji and Co and Chairman Khurshed Yazdi Daruvala for sale. The firm, which clocked a topline of […] 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
Kazakhstan Launches Largest Solar Power Plant in Central Asia Updated On Mon, Jan 28th, 2019 by Saurenergy The 100 MW solar plant, implemented in a short time was developed using 300,000 solar modules from Canadian Solar, according to the country’s Ministry of Foreign Affairs. The opening ceremony of the SES Saran solar power plant was recently held in the industrial center of the Saran, Kazakhstan. With the commissioning of the plant, the […] Read more
CPS Energy Launches Solar Energy and Battery Storage Project Updated On Tue, Oct 9th, 2018 by Saurenergy Earlier this year, this USD 16.3 million project, which will be constructed by RES Americas, was approved by CPS Energy’s Board. Electric utility CPS Energy has taken a major step in using new technology to produce emission-free renewable energy during high energy use days. This focus on reliability, environmental stewardship and innovation was announced as Greater San Antonio’s natural gas […] Read more
Sterling and Wilson to Deliver the Largest Battery Energy Storage Project in Africa Updated On Wed, May 30th, 2018 by Saurenergy Three battery sites totalling 30MWh including single largest installation of 17MWh part of a hybrid micro grid powered by Solar, Diesel and Battery Energy Storage Deal marks formal entry of one of the world’s largest solar EPC into the Hybrid and Energy Storage space Sterling and Wilson, an Indian multinational engaged in engineering, construction, manufacturing […] Read more
NEXTracker Delivers Smart Tracker Technology to Solar Power Plant in North Africa Updated On Tue, Jan 16th, 2018 by Saurenergy NEXTracker’s award-winning smart solar tracker, NX Horizon, holds the #1 tracker market share leadership position worldwide with over 11 gigawatts of systems sold. NEXTracker has announced that global solar EPC company Sterling and Wilson selected NEXTracker to supply 325 megawatts (5 blocks of 65 MW each) of its smart solar trackers to its project within […] Read more
CIAL to Upgrade Solar Power Generation to 40 MV by March Updated On Mon, Jan 8th, 2018 by Saurenergy The organization will finish the work on the proposed 9.9-MW solar PV venture by March, said CIAL representative. The Cochin International Airport Ltd (CIAL), which has led the pack in using sustainable power source in the flying part by turning into the principal completely solar fueled air terminal in the nation, is expecting to upgrade […] Read more
Equis Energy Completes 130 MW of Solar Power Capacity in India Updated On Wed, Jun 7th, 2017 by Saurenergy The solar power parks at in Sadasivpet and Minpur produces 211,116 MWh of electricity a year. Singapore-based renewable energy developer, Equis Energy has commissioned two solar parks in India’s Telangana state, with a combined generating capacity of 130 MW. The solar parks are located in Sadasivpet and Minpur. The Sadasivpet park was completed a month […] Read more
NEXTracker Achieves 1 GW of Solar Tracker Sales in India Updated On Tue, Jun 6th, 2017 by Saurenergy NEXTracker’s projects commissioned or under construction with Sterling & Wilson, Adani Green Energy, SkyPower, CleanMax Solar, Suzlon, and ReNew Power are milestones that demonstrate the rapidly growing adoption of solar trackers in India. NEXTracker has announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India. This achievement […] Read more