India, Nov. 27 -- Sterling and Wilson Renewable Energy Limited (SWREL), a leading domestic renewable EPC player, has announced its second project win in South Africa this fiscal year. The company has secured a turnkey EPC contract for a 240 MW AC solar PV project, valued at approximately USD 147 million (around Rs 1,313 crore).
With this latest order, SWREL is now executing four turnkey solar PV projects for four prominent developers in the South African market. The two projects awarded last fiscal have already shown significant operational progress, strengthening the company's foothold in the region. The solar market in South Africa continues to expand, driven by rising corporate demand for energy security, falling costs, and a focus on g...