Sterling and Wilson Renewable Energy Secures Major Solar and Energy Storage Projects in India

Sterling and Wilson Renewable Energy Limited (SWREL), a leading home-grown renewable EPC provider, has announced a major contract for the Engineering, Design, Procurement, Erection, Testing, and Commissioning of a 1,000 MWhr standalone Battery Energy Storage System (BESS) plant in Rajasthan, India. This project, set to be executed by 2025, is the largest of its kind in India to date and ranks among the few GWhr scale projects globally in a single location.

Currently, India’s total installed capacity for BESS stands at approximately 219 MWhr as of March 2024. According to the National Electricity Plan (NEP) 2023 by the Central Electricity Authority (CEA), the country’s energy storage capacity requirement is projected to reach 82.37 GWh by 2026-27, including 47.65 GWh from Pumped Storage Plants (PSP) and 34.72 GWh from BESS. With this new order, SWREL is poised to become a leading player in India’s rapidly growing BESS market.

In addition to the BESS project, SWREL has also secured a 20 MW floating solar project in Karnataka from the same client. This marks the company’s third floating solar project currently under execution in the country.

Amit Jain, Global CEO of Sterling and Wilson Renewable Energy Group, commented on the significant order win, “The past 12 to 18 months have seen numerous tenders, bids, and projects for standalone storage or hybrid systems in India, highlighting the importance of firm dispatchable renewable power. We are honored to be selected as the EPC partner for this prestigious project, which represents a major milestone for both our company and the country.”

Jain added, “This win showcases our in-house capabilities and expertise in energy storage, engineering, and execution. It places us at a competitive advantage in the growing solar and storage market, demonstrating our commitment to agility and leadership in the renewable energy sector.”

Sterling and Wilson Renewable Energy continues to reinforce its position as a top EPC player in the renewable energy market, with a focus on advancing solar and energy storage technologies in India.