Sterling and Wilson Solar To Expand Renewable Energy Offerings

In Renewable Energy, Clean News, News
Sterling and Wilson Solar
Sterling and Wilson Solar

Indian multinational and global leader in Solar EPC and O&M solutions, Sterling and Wilson Solar Limited, 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.

The company has inserted a new clause in the memorandum of association (MoA) to include new segments like setting up of power plants, solar energy systems, renewable energy systems or any other facility including Hybrid Energy Systems & Energy Storage (BESS) & (ESS) in its business.

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.

This basically means that company is planning to explore business opportunities in areas like clean energy storage, waste management and energy efficiency.

As per the amended MoA, the company will also enter into integrated solid waste/ biomass management including Waste to Energy using municipal solid waste as fuel for power generation, using biomass as fuel for power generation.

Present in 24 countries today, Sterling and Wilson Solar Limited has operations in India, South-East Asia, Middle East, Africa, Europe, the Americas and Australia.

Reference- Business Standard, Economic Times, PTI News Agency, Mercom India

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