Sterling and Wilson Solar Limited plans to expand its business to include EPC solutions for Hybrid Energy power plants, Energy Storage solutions and Waste to Energy

Mumbai, July 30, 2021: Indian multinational and global leader in Solar EPC and O&M solutions, Sterling and Wilson Solar Limited (SWSL / Company) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), has announced its plans to expand its renewable energy offerings to include EPC solutions for Hybrid Energy power plant, Energy Storage and Waste to Energy.

Hybrid Energy consists of solutions involving two or more sources of energy with or without energy storage. A large part of the global market is moving towards micro grids which are based on 100% renewable energy. There is a huge demand for decentralised power plants because not only are they environment friendly but are also economically viable. The waste to energy segment is a large and growing market in developed countries. Sterling and Wilson Solar aims to use its project management skills and strong stakeholder relationships to become a global leader in the energy market of the future.

Amit Jain, Global CEO, Sterling and Wilson Solar Group said, “We are delighted to increase our EPC offerings in the renewable space. We believe the opportunities in these segments are huge and will allow us to deepen our relationships with customers both in India as well as globally and provide a range of solutions to meet their overall renewable energy requirements.

With the increased focus globally on low-carbon energy consumption and the resultant growing demand for green energy solutions, this is a logical extension of our business into the rapidly growing ESG space, thereby becoming a diversified renewables company.”