Indian multinational EPC player Sterling and Wilson Solar today announced the opening of its new office in Spain as part of its international expansion strategy. The office, located in Seville, will be the company’s headquarters for its European operations serving and tapping markets like Portugal, Spain, Italy, and Poland.
The announcement comes after the company disclosed its plans to expand to Europe in an interview with pv magazine.
Vikas Bansal, regional head-Europe, said, “We see this office opening as an important step forward in the company’s strategy to tap key markets. Europe has enormous potential in terms of solar capacity and the market is expected to witness the commissioning of new solar PV capacities of about 7 GW each year and emerge as a 28 GW market by 2023.”
“SWSL constantly emphasizes on customer centricity, implementation and delivery excellence, which has assisted us in making inroads in strategically situated markets that have favourable solar policies and high solar properties,” he added.
According to the SolarPower Europe’s EU Market Outlook, Spain was Europe’s largest solar market in 2019, adding 4.7 GW of capacity, followed by Germany, the Netherlands, France and Poland.
Sterling and Wilson Solar Limited has more than 10.5 GW of solar power projects (commissioned and under various stages of construction) in multiple geographies. This portfolio includes a 1,177 MW plant in Abu Dhabi, the world’s largest single-site solar plant. The company also provides operation and maintenance support for 7.8 GW of projects globally.
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