Rs 747 Crore US Order Win for Sterling and Wilson

Jun 26, 2020 10:32 AM ET
  • Sterling and also Wilson Solar Solutions, Inc (SWSS), the US subsidiary of Sterling and also Wilson Solar Limited (SWSL) has actually announced that it has actually been awarded a USD 99 million (~ INR 747 crore) contract to construct a 194 MW project in the United States of America. It is being created by a leading lasting energy business, as well as will be co-located in an area that has significant wind development in operation.

Building for the project will certainly commence in September 2020 and will certainly be commissioned by November 2021. SWSS will certainly be managing the entire turn-key execution for the PV project, and when commercially functional, the plant will produce enough solar energy to power over 35,000 homes, saving approximately 275,000 statistics tons of carbon emissions. The plant will be using bifacial innovation to enhance manufacturing of power thickness.

Mr. Amit Jain-- Country Head, SWSS claimed, "We are delighted to have been granted this project in USA, which has several of the best renewable energy resources in the world. Sterling as well as Wilson Solar Solutions, Inc is focused on technical effectiveness, performance, customer centricity, and also execution which has actually aided us to win and develop projects in this purposefully situated market."

The Us win comes close on the heels of some strong order gains in Australia, an additional market that the company has patiently purchased.

SWSL (in addition to its subsidiaries) has commissioned countless high-performing solar energy projects around the world and has to its credit scores around 9.2 GWp projects in various locations. This portfolio includes a 1,177 MWp solar project in Abu Dhabi-- one of the globe's biggest single location solar PV plants. SWSL likewise manages a portfolio of 7.4 GWp of O&M projects globally, a testament to its best-in-class services.

The win comes quickly after the firm stated its 4th quarter, and full year results, where it iterated that the effect from Covid-19 was convenient, currently.