Sterling and Wilson Solar

Noida-headquartered Jakson has roped in Sterling & Wilson Solar’s former global CEO, Bikesh Ogra, to lead a new venture that will focus on green hydrogen, utility-scale battery storage, and solar.

Data analytics and digital process support in solar plant operation and maintenance delivers unmatched improvement in efficiency, while modern technology drives down development costs. It also helps service providers in ensuring sustained energy generation, long-term performance, and plant’s return on investment.

The Indian multinational has elevated Shilpa Urhekar to the position of national head-India for its solar EPC business.

The new energy arm of Reliance Industries Limited has made an open offer to acquire 4,91,37,420 shares from Sterling and Wilson Solar’ public shareholders at a price of INR 375 per share.

The acquisition gives Reliance New Energy Solar access to Sterling and Wilson Solar’s PV plant engineering and project management skills as it aspires to become a global leader in green energy based on the latest and most cost-competitive technologies and development capabilities. 

The Indian multinational solar EPC player has won a project worth INR 1,500 crore for its recently created business segment of waste-to-energy. The project also marks its first order in the European market.

The Al Husainiyah solar plant, 200km south of Jordanian capital Amman, is the Indian multinational EPC provider’s third project in Jordan.

Solar energy pioneer and founder of Wiki-Solar, Philip Wolfe updates his series of blogs on the world’s largest solar power stations, first published in pv magazine in 2019. At that time, there were no single solar power plants over 1 GWAC. The record now is 2.2 GWAC.

The solar plant, spread across 380 hectares in the Raghanesda Solar Park, is Engie’s second-largest PV project in India. It was completed within the schedule, despite the multiple challenges during the Covid pandemic.

The company’s revenue from EPC and operations and maintenance business stood at INR 1,195 crore, a 12% growth over the same period in the previous fiscal year. The gross margins remained suppressed owing to an increase in module and commodity prices.