Company Profile
Sterling and Wilson Solar, the Solar EPC Division of Sterling and Wilson Private Limited, commenced operations in 2011 and was subsequently demerged in 2017. This division was formed to tap into the growing renewable energy market. The company is the leading solar EPC solutions provider in the world, with a presence across many countries. An impressive portfolio of several solar power projects with an aggregate capacity of 10.6 GWp across geographies has positioned Sterling and Wilson Solar as the leading solar EPC solutions provider in the world. Sterling and Wilson Solar strategically focuses on markets that have conducive solar power policies and high solar resources as well as invests in geographies with long-term solar opportunities.
The inception of Sterling and Wilson is deep-rooted in the legendary friendship between Shapoorji Mistry Sr. and Mehervan Daruvala which later evolved into a powerful business partnership. In 1971, Wilson Electric Works merged with Sterling Investments, a group company of the Shapoorji Pallonji Group, to form an EPC powerhouse called Sterling and Wilson. The decision empowered the company to ride on global opportunities and emerge as a leading market player in due course. The new entity Sterling and Wilson Private Limited commenced its operations in the 1970s with a few large-scale projects in the Middle East, further venturing into the Asian subcontinent and various other countries. Within a short span it created a strong presence in regions such as the Middle East, Africa, Europe, the Americas, and Australia. Sterling and Wilson currently has operations in many countries.
Business area of the company
Sterling and Wilson Solar is the largest pure-play Solar EPC outside China, and offers a complete range of Solar EPC solutions like design, engineering, procurement, construction, project management, and operations and maintenance.
Sub verticals
Awards
2014: Energize Award for ‘Excellence in Solar Power EPC’
2014: Energise Award for ‘Excellence in Innovation in Solar Energy’
2015: Intersolar Award (Solar Projects in India) for the 11 MWp Total Turnkey Solar Project in Maharashtra under JNNSM PH II
2015: Certificate of special recognition in the category of ‘Excellence in EPC’
2016: Trophy in the category of ‘Utility Scale Solar EPC Contractor’
2016: Recognised for “immense contribution to the infrastructure sector” by Economic Times’ Best Infrastructure Brands
2017: ‘Project of the Year’ by Middle Eastern Solar Industry Association at MESIA Solar Awards
2017: Award for ‘Excellence in Renewable Energy Project Execution’ from Central Board of Irrigation and Power, India
2017: RE Assets India’s Gold winner in the category of ‘Solar O&M Contractor of the Year - Roof top scale’
2017: Certificate of honour as a ‘Leading EPC – Solar – Ground Based’
2018: World’s EPC Excellence for Solar and Storage
2018: Solar + Power Awards’ EPC of the Year
2018: Specialist Contractor of the Year
2018: Certificate of honour in the category ‘RE International Excellence - Indian Companies’
2018: Certificate of honour as a ‘Leading EPC – Solar – Ground Based’
2019: Renewables Company of the Year
2020: ‘Utility-Scale Solar Project of the Year’ at MESIA Solar Awards
2020: 'Utility Scale Project of the Year’ at AFSIA Solar Awards
2020: MEED Project of the Year
2020: Mega Project of the Year
Milestones
2011: Ventured into Solar EPC business in India
2011: Secured EPC projects of 50 MWp
2013: Completed first turnkey EPC project in Rajasthan, India
2013: Started International Solar Operations
2014: Commenced first international solar project (90 MWp) in South Africa
2015: Largest single-axis tracker plant in India (60 MWp)
2015: Recognised as the largest Indian solar EPC player according to an independent industry data provider
2016: Ventured into Rooftop Solar
2016: Started third-party O&M services
2017: Demerger of S&W Solar from S&W Group
2017: Expanded operations in the USA
2017: Incorporated a Subsidiary in Spain to cater to European and Latin America markets
2017: Bagged the world’s largest single- location EPC project order (1177 MWp) in Abu Dhabi
2018: Diversification in Solar + Storage
2018: Expanded operations in Australia by acquiring controlling stake in GCO Electrical Pty Ltd
2019: Recognized as the world’s largest solar EPC solutions provider by IHS Markit
2019: Emerged as a global player with presence and operations across India, Middle East, Africa, South East Asia, Europe, US and Australia.
2019: Listed on BSE and NSE
2019: Commissioned first floating solar project of 450KW in India
2020: Ranked India 1 and Global 2 as per Wood Mackenzie’s 2020 Global PV Operations & Maintenance Report