Sterling & Wilson to set up 250 MW solar projects in Nigeria
Sterling and Wilson, a global solar EPC, aims to construct 250 MW capacity solar power projects in Nigeria in next 2-3 years. These solar projects are being developed by well-renowned international Solar Project Developers who recently signed PPAs with Nigerian Bulk Electricity Trading under Feed-in-Tariff program by Ministry of Power Nigeria. With an experience of commissioning more than 1GW, Sterling and Wilson is currently involved in advanced negotiations with these developers to offers 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, 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.
Speaking on Nigerian Solar market, Mr. Bikesh Ogra, President, Solar business, Sterling and Wilson Pvt Ltd said"With the recently announced PPAs of 975 MW, we see a huge solarpotential 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 maximizing value and mitigating risks."
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 &Wilsonis 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.
