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Sterling and Wilson to Set Up 250 MW Solar Power Projects in Nigeria
Sterling and Wilson, a leading global Solar EPC, said it plans to construct 250 MW capacity solar power projects in Nigeria in the next two to three years. These solar projects, according to a statement are being developed by well-renowned international Solar Project Developers who recently signed PPAs with the Nigerian Bulk Electricity Trading Plc. under Feed-in-Tariff programme by the Ministry of Power.
With an experience of commissioning more than 1 GW, Sterling and Wilson is currently involved in advanced negotiations with these developers to offer its turnkey EPC solutions for their proposed projects in Nigeria.
Sterling and Wilson, a multi-division multinational company, has strong local presence in Nigerian market with its office in Lagos, established in 2011. The company has already commissioned more than 40 MW of gas based power plant and has been a regular supplier of Diesel Generators to many local companies in Nigeria. It has also developed local capabilities to undertake solar projects of cumulative capacity of more than 250 MW.
“Sterling and Wilson has been a pioneer in Turnkey MEP and Solar EPC services. The company has strong presence across Africa, Middle East, South East Asia and Latin America with projects of 260 MW in Egypt, 175 MW in Morocco, 87MW in South Africa and 7 MW in Niger already in pipeline.
Its largest Solar PV Plant of 90 MW in size, is operational in South Africa. With over 3000 technically proficient people working in India and abroad, executing international projects is the key strength”, the statement added.
“With the recently announced PPAs of 975 MW, we see a huge solar potential opening up in Nigeria. We are well positioned to support growth in solar market in Nigeria through our presence and experience, as more investors are focusing on reliable, bankable Solar EPC Company, who can commission solar projects on time. We are here to offer 360º turnkey solutions adapted to each customer’s individual needs. We are confident our solutions exceed customer expectations, transforming solar energy into green assets by maximising value and mitigating risks”, the statement quoted President, Solar business, Sterling and Wilson Pvt Ltd, Mr. Bikesh Ogra to have said.
Solar power uptake on the African continent is predicted to surge over the coming years. 100 gigawatts (GW) of solar installations are forecasted by 2030. Sterling & Wilson is poised to ride the growing wave of the grid connected solar energy market in Africa.
Sterling and Wilson is confident to attain market leader position supported by their proven track record and global reputation. The company is already working on number of opportunities with various developers in Morocco, South Africa, Zambia, Namibia & Ethiopia to name a few. IHS Global Research and consulting firm also placed it 6th globally & 1st outside USA & China as per its report in Q2 2016.
Sterling and Wilson is one of the top globally renowned Solar EPC Company having an installed PV capacity of more than 1010 MW, with the largest project of 90 MWp in South Africa. The company was recently ranked 6th globally and No.1 (outside USA and China) by IHS Global Research and Consulting firm.
It was also awarded the “Energize” Indian Power Sector Award for “Excellence in Solar EPC” for the year 2012-13 and 2013-14, as evaluated by Ernst & Young and presented by CNBC-TV 18. Sterling and Wilson has been awarded as “Leading Solar EPC Company” by Renewable Energy India Awards 2015 and Inter-solar Award 2015 Solar Projects for 11 MWp Solar PV Plant in Maharashtra.
Presently the company’s pipeline of solar projects covers Asia, Middle East, Africa and Latin America. Sterling and Wilson, has evolved as a leading MEP (Mechanical, Electrical & Plumbing) Services Company. Some of the iconic projects accomplished are First International Financial Centre (FIFC), Mumbai, Terminal 3 – Indira Gandhi International Airport, Delhi, Lulu International Mall, Kochi, Buddha International Circuit, Delhi, Ford India, Gujarat to name a few.
It is multinational & multidivisional company. Its business interests range from Turnkey MEP projects, Turnkey EPC for Solar power projects , Electrical, HVAC, DG sets from 10 kVA to 3300 kVA, Manufacturing of HT/LT Panels, Plumbing and Fire Fighting, Security and Fire Alarm systems, Mechanical EPC, EBOP Power & Metals and EHV Substations, Distributed Power & Co-generation, Data Centre EPC, Operation & Maintenance to International Operations.