sterling-and-wilson

thumbnail
Sterling and Wilson’s Q3 Revenue Shrinks 73% YoY to ₹4.18 Billion

The total revenue of Sterling and Wilson Renewable Energy, the solar engineering, procurement, and construction (EPC) arm of Shapoorji Pollonji Group, fell by 73%...

January 20, 2023

/

Gourav Mishra

/

Finance and M&A

,

Solar
thumbnail
Sterling and Wilson Q2 Net Loss Widens to ₹2.99 Billion With Steep Fall in EPC Revenues

The consolidated net loss for Sterling and Wilson Renewable Energy (formerly Sterling and Wilson Solar) rose by 5% to ₹2.99 billion (~$36.35 million) in the second...

October 13, 2022

/

Rakesh Ranjan

/

Markets & Policy

,

Solar
thumbnail
Reliance Targets 20 GW Solar Power Generation Capacity by 2025 for Captive Use

Diversified Indian conglomerate Reliance Industries (RIL) has targeted installing 20 GW of solar energy generation capacity by 2025. Addressing RIL’s annual general...

August 30, 2022

/

Gourav Mishra

/

Other

,

Renewable Energy
thumbnail
Sterling and Wilson Bags BoS Order Worth ₹22 Billion for NTPC’s 1,255 MW Solar Project

Sterling and Wilson Renewable Energy has emerged as the lowest (L1) bidder for the balance of system (BoS) package comprising four blocks of the proposed 1,255 MW of...

August 24, 2022

/

Rakesh Ranjan

/

Solar

,

Tenders & Auctions
thumbnail
Shapoorji Pallonji to Offload 1.25% Stake in Sterling and Wilson

Shapoorji Pallonji has proposed to sell 2,370,787 equity shares having a face value of ₹1 (~$0.013) each, amounting to a 1.25% equity it holds in its solar engineering...

August 12, 2022

/

Arjun Joshi

/

Finance and M&A

,

Solar
thumbnail
Top Utility-Scale Solar EPC Companies in 2021 – Sterling and Wilson, Siemens Gamesa, and Tata Power

Sterling and Wilson, Siemens Gamesa, and Tata Power Solar were the top utility-scale solar engineering, procurement, and construction (EPC) service providing companies...

May 16, 2022

/

Rakesh Ranjan

/

Mercom Research Focus

,

Solar
thumbnail
Sterling and Wilson Renewable Energy’s Total Income Up by 11.5% YoY in Q3 FY 2022

Sterling and Wilson Renewable Energy (formerly Sterling and Wilson Solar), the solar engineering and construction arm of the Shapoorji Pallonji Group, recorded a total...

February 16, 2022

/

Harsh Shukla

/

Finance and M&A

,

Solar
thumbnail
Sterling and Wilson Solar’s QoQ Revenue Up 20% in Q2 FY22

Sterling and Wilson Solar, the solar engineering and construction arm of the Shapoorji Pallonji Group, has recorded a revenue of ₹14.38 billion (~$193.24 million) in the...

November 16, 2021

/

Arjun Joshi

/

Finance and M&A

,

Other
thumbnail
Reliance’s REC Acquisition Could Reduce Indian Solar Developers’ Dependence on Imports

Solar developers and module manufacturers believe Reliance Group’s recent solar acquisitions will help India provide an alternative to Chinese products. In June...

October 28, 2021

/

Harsh Shukla

/

Mercom Research Focus

,

Other
thumbnail
Amplus Acquires 17 Rooftop Solar Projects from Sterling and Wilson

Solar developer Amplus Solar has announced the acquisition of 17 on-site operational solar projects from Sterling and Wilson Private Limited. Spread over Haryana, Punjab,...

April 13, 2021

/

Staff

/

Finance and M&A

,

Solar
thumbnail
Adani Green to Acquire a 75 MW Solar Project from Sterling and Wilson

Adani Green Energy Limited (AGEL) has announced that it will acquire 75 MW of operational solar assets in Telangana from Sterling and Wilson, a Shapoorji Pallonji Group...

March 24, 2021

/

Nithin Thomas Prasad

/

Finance and M&A

,

Solar
thumbnail
Sterling and Wilson and Enel X Partner to Provide EV Charging Infrastructure

Sterling and Wilson, Mumbai-based engineering, procurement, and construction company, has signed a joint venture (JV) agreement with U.S.-based energy solutions...

February 28, 2021

/

Nithin Thomas Prasad

/

Electric Vehicles

,

Grid
thumbnail
Funding and M&A Roundup: Battery Maker Enevate Secures $81 Million in Funding

From: Mercom Capital Group Volta Energy Technologies, an investor in battery and energy storage technologies, has announced an initial closing on its venture fund...

February 22, 2021

/

Staff

/

Finance and M&A

,

Other
thumbnail
Sterling and Wilson Subsidiary Acquires GCO Solar

Sterling and Wilson International Solar FZCO (SWFZCO) announced that it has fully acquired the equity share capital of GCO Solar, an Australia-based electrical and solar...

February 16, 2021

/

Nithin Thomas Prasad

/

Finance and M&A

,

Solar
thumbnail
Sterling and Wilson Solar’s Revenue Up 22% in Q3 FY 2021

Sterling and Wilson Solar’s (SWSL) revenue from operations stood at ₹13.11 billion (~$180.8 million) in the third quarter (Q3) of the financial year 2021 (FY 2021), up...

February 15, 2021

/

Nithin Thomas Prasad

/

Finance and M&A

,

Solar

1

2

...

2