What we do Sterling & Wilson Renewable Energy Ltd is a global leader in solar engineering, procurement, and construction (EPC) services, specializing in utility-scale and hybrid renewable energy projects including solar, storage, and wind. |
Founded in 2,017 |
Market share World's largest solar EPC solutions provider with leading market positions in India, Africa and the Middle East, commanding a significant share in the fast-growing renewable energy EPC sector. |
Problem solved Addresses the need for turnkey renewable energy infrastructure, delivering cost-effective solar and hybrid projects that accelerate global clean energy adoption. |
Top clients or who we serve Serves independent power producers, developers, equity funds; operates in B2B space with global clientele across 28 countries. |
Key management Mr. Chandra Kishore Thakur (Manager), Mr. Ajit Pratap Singh (CFO), Mr. Jagannadha Rao Ch. V. (Company Secretary) |
Our journey and innovations Commenced operations in 2011; demerged in 2017; pioneered India's first floating solar project; expanded globally with innovative EPC and O&M services. |
Where we operate Active in 28 countries including India, Australia, Middle East, Africa, Europe, USA, and Latin America. |
Top products or what we offer Utility-scale solar EPC, floating solar, hybrid projects (solar+winds), battery energy storage solutions, and operations & maintenance services. |
Top brands Leading solar EPC and O&M provider with marquee projects like Abu Dhabi 1,177 MWp plant; top domestic and international solar infrastructure brands. |
Raw materials needed Solar photovoltaic modules, inverters, mounting structures, cables, and balance of system components sourced locally and internationally. |
Raw materials supplier Engages multiple suppliers globally; sources components to optimize costs and comply with local regulations via a hub-and-spoke supply chain model. |
Recurring vs cyclical contribution Mix of recurring revenues from O&M services and cyclical revenues from project EPC contracts. |
Our industry position Ranked no.1 solar EPC globally by IHS Markit; leading player in India and key international markets with strong order book and pipeline. |
Financial highlights FY25 revenue of ₹6,302 crore with PAT of ₹81 crore; reported steady revenue growth and EBITDA expansion driven by project execution. |
Geographical revenue split India 83%, Europe 11%, Rest Africa 4%, Australia 1%, Middle East & N Africa 0.3%, USA & Latin America 0.5%. |
Order book Robust order book exceeding ₹10,000 crore as of FY25 with major projects including solar, hybrid, and BESS EPC contracts. |
Whats driving growth Strong demand for renewable projects, government policies, expansion into storage and hybrid projects, supported by RIL’s strategic investment. |
Our future plans Focus on hybrid renewable projects, expanding wind EPC segment, increasing O&M portfolio beyond 10 GW, and entering new geographies. |
Our green promise Commitment to sustainability with industry best practices, safety awards, and focus on clean energy deployment globally. |
Our people and values 2,883+ global employees with strong emphasis on safety, ethics, diversity, and continuous learning. |
Key challenges ahead Managing project execution risks, supply chain dynamics, regulatory changes, and competition amid rapid solar market expansion. |
Interesting facts Commissioned Asia’s first floating solar project; executed largest single-location solar plant in Abu Dhabi; recognized with multiple global awards. |
Risks and strategy Mitigates execution and regulatory risks via disciplined project management, diversification, and strategic partnerships. |
