SWREL wins orders including EPC of India’s largest BESS project

Jul 29, 2024 - 11:32
0
SWREL wins orders including EPC of India’s largest BESS project

Sterling and Wilson Renewable Energy Limited (SWREL), a leading home-grown renewable EPC provider, announced that it has received a prestigious order for the Engineering, Design, Procurement, Erection, Testing & Commissioning of 500 x 2 (1,000 MWhr), standalone BESS plant in Rajasthan.

This GWhr scale project is till date India’s largest Battery Energy Storage (BESS) project and one of the very few projects of GWhr scale in a single location globally, which shall be executed by 2025.

The total installed capacity of BESS in India currently stands only at ~219 MWhr as of March 2024. As per National Electricity Plan (NEP) 2023 of Central Electricity Authority (CEA), the energy storage capacity requirement is projected to be 82.37 GWh (47.65 GWh from PSP and 34.72 GWh from BESS) in year 2026-27. With this order, therefore, SWREL will gain a leading position in India’s fast-growing BESS market. 

Additionally, the company also secured a 20 MW floating solar project in Karnataka from the same client, which marks the third such floating solar project the company is currently executing in the country.

Speaking on the order win, Amit Jain, Global CEO, Sterling and Wilson Renewable Energy Group, shared, “As we have seen during the course of last 12 to 18 months, there have been multiple tenders, bids, and projects for either standalone storage or hybrid (renewable + storage) in India, making it a very important step for us as a company and for the nation to move towards firm dispatchable renewable power. We are proud to be chosen as the preferred EPC partner in this prestigious project, which would be a significant milestone not only in our company portfolio but also for our country on the whole.”

“This win depicts our in-house capabilities and knowledge of energy storage plus engineering & execution and places us with a large advantage in the solar and storage market which is likely to grow tremendously in the near future. This also shows our commitment to be more agile and remain ahead of the curve and competition, ensuring our presence as one of the top renewable EPC players in this market,” he added.