Sterling and Wilson Solar Ltd on Friday announced plans to expand its business to include EPC solutions for hybrid energy power plants, energy storage solutions and waste to energy projects.
Indian multinational and a global leader in Solar EPC and O&M (operation and maintenance) solutions, Sterling and Wilson Solar Ltd (SWSL) has planned to expand its renewable energy offerings to include EPC solutions for hybrid energy power plants, energy storage and waste to energy, the company said.
Hybrid energy consists of solutions involving two or more sources of energy with or without energy storage.
A large part of the global market is moving towards microgrids, which are based on 100 per cent renewable energy.
There is a huge demand for decentralised power plants because not only are they environmentally friendly but are also economically viable. The waste to energy segment is a large and growing market in developed countries.
Sterling and Wilson Solar aims to use its project management skills and strong stakeholder relationships to become a global leader in the energy market of the future, it said.