Sterling and Wilson launches hybrid and energy storage division

LinkedIn
Twitter
Reddit
Facebook
Email
The company is targeting 1GWh of global hybrid deployment. Credit: Sterling and Wilson

India-based EPC firm Sterling and Wilson has forayed into hybrid power plants and energy storage solutions and is already in advanced discussions for its first such projects in Africa and Europe.

To date, the company, which is targeting 1GWh of global hybrid deployment, has worked on EPC for a cumulative portfolio of 8GW of capacity encompassing co-generation CHP and gas-based power, solar and diesel-powered generators.

Sterling and Wilson has appointed Deepak Thakur as CEO of its Hybrid & Energy Storage Business. The company has also appointed Vishwanathan Iyer to lead the global business development, marketing and strategic activities for the new unit, having previously spearheaded S&W’s Solar Business Development unit in India.

Thakur said: “The global hybrid and energy storage market is estimated to be around US$40 billion by 2025. As one of the leading turnkey solution providers in the world, with project management, engineering and delivery expertise of over 8GW of diversified energy offerings across geographies, we are confident of providing our customers value for money through customised hybrid power plants and energy storage facilities.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Vish Iyer added: “Sterling and Wilson is making a timely foray into this space, riding on the ‘energy storage’ wave, which appears to be the future. Every major grid with large amounts of renewable energy penetration across the globe is talking about the need for energy storage. This is happening in developed economies first because they have sophisticated grid and power tariff management systems, which allow them to make the best use of storage as a dispatch asset, while some emerging economies are warming up quickly to the concept as well.”

The firm will offer the application of energy storage across centralized fossil and renewable energy plants, data centres, C&I segments and remote locations, offering project development, EPC and O&M services.

From being a predominantly India focused company in 2010, Sterling and Wilson now operates across the Middle East, Africa, Australia and Europe. In the current year, the company is expanding to the USA and South America.

The firm recently said it plans to build 300MW of solar PV plants in Vietnam by mid-2019 and 500MW of solar projects in Australia over the coming three years.

The results of NLC India’s solar-plus-storage tender in the Andaman and Nicobar Islands also came through today.

31 October 2025
Greater Noida, India

Read Next

October 10, 2025
According to the latest report by clean energy market research firm Mercom India, India achieved a cumulative energy storage capacity of 490MWh by the end of June 2025. 
October 8, 2025
The NSW Independent Planning Commission has granted planning approval for Potentia Energy’s 500MW Tallawang solar-plus-storage project.
October 6, 2025
Following the recent notification, the Rajasthan government will develop 500MW/2,000MWh of standalone battery energy storage systems (BESS) with a four-hour single-cycle configuration and extended operational life. 
October 3, 2025
EDF Renewables has brought its 300MWh Milagro project online in New Mexico, while Enlight Renewable Energy has secured US$340 million in tax equity financing for its 940MWh Roadrunner project in Arizona.
September 30, 2025
According to the Q3 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), annual installations will not reach 2025 levels again until 2029.

Most Popular

Email Newsletter