Sterling and Wilson Renewable Energy (SWREL) has come out successful for one of the big tenders aggregating around Rs 12 billion in 500 MW (AC) solar photovoltaic project at Gujarat. Sterling and Wilson Renewable Energy (SWREL) – market leader in renewable energy space-the company that’s fast gaining popularity with successful ventures across diverse projects-come forward to gain further traction and stamp a strong growth in the nation’s booming renewable energy space.
Project Overview: Essential Facts and Scope
It will be the 500 MW solar PV project for country diversification of energy mix avoiding fossil fuel dependency, greenifying the energy mix. All EPCs are needed to initiate things to operationalize the concerned BOS solar plant EPC operation; Sterling and Wilson Renewable Energy will undertake this, because it covers all the system infrastructures needed for photovoltaic technology that enable it to perform its proper project operation.
Sterling and Wilson will do EPC work along with three years O&M of the solar plant. Such a full commitment ensures the long-run sustainability and performance of a project. The company experience and its capabilities in handling a massive scale renewable energy project greatly ensure the success of such a project.
Role of Sterling and Wilson in Indian Renewable Energy Market
This project reflects the increasing dominance of Sterling and Wilson in the Indian renewable energy scenario. The company has seen rising interest from India towards its clean energy targets, and projects like this one form a critical plank to ensure that the country makes a rapid shift towards sustainable sources of power. Such success in such large contracts only underlines the leadership of the company within the industry and its ability to deal with complex high-value projects.
The renewable energy market in India is growing very strongly, and Sterling and Wilson are one of the frontrunners of that change. It is a combination of the company’s deep-rooted presence in India and international experience that shall position it at a very advantageous position to emerge as the prime player to make India achieve its target of renewable energy. The list of solar energy projects handled by Sterling and Wilson just got longer with the successful project as the company bagged a contract from Gujarat.
Role of Solar Energy in India’s Clean Energy Transition
India plans to increase the renewable energy capacity. This expansion has ambitious targets set, with an aim to achieve 500 GW capacity in renewable energy by the end of 2030. It would play an extremely important role in getting close to that target, since it is one of the world’s biggest producers of solar power. For example, these solar energy projects in Gujarat not only would help the nation but also reduce greenhouse gas production, thus meeting India’s commitments on the world’s climate.
Gujarat is one of the best places with conditions of sunny climate and suitable environmental setting to be used as a site to convert solar energy. With complete commitment to renewable energy, Gujarat has been attracting not just Indian players but international too in establishing clean energy. This one adds one more feather to the cap of Gujarat standing atop the league with the highest renewable energy produce.
Effects of the Project on Renewable Energy Targets of India
The 500 MW solar PV project’s installation with Sterling and Wilson will contribute highly towards the renewable energy generation capability of India. This perfectly fits the vision of the country for carbon reduction and further fulfillment of international climate commitments. Clean energy will emerge from this project and light homes and industries to assist in creating a greener future for generations.
This project will not only bring India closer to its climate goals but also push for growth in the proportion of renewable sources in the country’s energy basket. With the development of clean energy on a very large scale, Sterling and Wilson is at the forefront of Indian transition towards a greener economy.
Conclusion:
Indeed, leadership talk cannot go without Sterling and Wilson Renewable Energy as it has topped a list of winners bagging the Rs 12-billion contract for the 500 MW solar PV project at Gujarat. With excellence in EPC and O&M services, this organization shall significantly contribute to realizing the intent of India’s renewables objective.
Such changes in the shift of the world’s energy solution towards sustainable ones depict what kind of change Sterling and Wilson can bring. Hereby, the company has contributed to India’s efforts at clean energy and subsequently given the nation a greener future in the world at large.
Refer :
ConstructionWorld, Link to article
For more updates on the latest developments in the renewable energy sector, check out our article on India to become the world’s capital of renewable energy: Union Minister Pralhad Joshi gives away key insights