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Sterling And Wilson Renewable Energy Limited ( (IN:SWSOLAR) ) just unveiled an announcement.
Sterling and Wilson Renewable Energy Limited (SWREL) has secured its second major project in South Africa this fiscal year, valued at approximately INR 1,313 crore. This new 240 MW AC Solar PV project enhances SWREL’s presence in the rapidly growing South African market, where it is now implementing four projects with four different developers. The company’s total EPC order inflows for the fiscal year have surpassed INR 5,088 crore, reflecting strong momentum and positioning in the renewable energy sector. The expansion in South Africa aligns with the increasing demand for energy security, cost efficiency, and grid stability in the region.
More about Sterling And Wilson Renewable Energy Limited
Sterling and Wilson Renewable Energy Limited (SWREL) is a global provider of end-to-end renewable engineering, procurement, and construction (EPC) solutions. The company specializes in utility-scale solar, floating solar, and hybrid energy storage solutions, boasting a portfolio of over 22.8 GWp in projects. SWREL also manages an operation and maintenance portfolio of 9.3 GWp solar power projects and operates in 28 countries, including India, Southeast Asia, the Middle East, Africa, Europe, Australia, and the Americas.
Average Trading Volume: 235,577
Technical Sentiment Signal: Sell
Current Market Cap: 52.49B INR
Find detailed analytics on SWSOLAR stock on TipRanks’ Stock Analysis page.