The Company was originally incorporated at Mumbai on March 9, 2017 as Rashmika Energy Private Limited, as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated March 10, 2017 issued by the RoC. Subsequently, the Solar EPC Division of Sterling and Wilson Private Limited was demerged into the Company pursuant to the order dated March 28, 2018 of the NCLT, Mumbai approving the Scheme of Arrangement, with the appointed date for the transfer of such Solar EPC Division being April 1, 2017. Thereafter, to reflect the association of the Company with the Sterling and Wilson group, the name of the Company was changed to Sterling and Wilson Solar Private Limited pursuant to the resolution passed by the Shareholders at their EGM held on March 29, 2018 and the certificate of incorporation pursuant to change of name was issued by the RoC on April 24, 2018. Subsequently, the Company was converted into a public limited company pursuant to the approval of the Shareholders at an EGM held on January 11, 2019. Consequently, the name of the Company was changed to Sterling and Wilson Solar Limited and a fresh certificate of incorporation consequent upon conversion from private company to a public company was issued by the RoC on January 25, 2019.
Major events and milestones of the Company and the Solar EPC Division : 2011 - Received the first solar EPC project
2013 - Completed the first Turnkey EPC project, a 36 MWp solar power plant located in India
2014 - Commenced the first international project
2015 - Recognised as the largest Indian solar EPC player according to an independent industry data provider
2016 - Ventured into roof-top solar
2017 - Commenced operations as the EPC contractor with respect to the world's largest single location solar PV plant in Abu Dhabi according to CRISIL - Expanded the operations in the USA by incorporating the Subsidiary, Sterling and Wilson Solar Solutions Inc. - Incorporated the Subsidiary, Renovable Energia Contracting S.L. in Spain to cater to European and Latin American markets
2018 - Expanded operations in Australia by acquiring a controlling stake in GCO Electrical Pty Limited
2019 - Recognised as the world's largest solar EPC solutions provider in 2018 based on annual installations of utility-scale photovoltaic systems of more than five mega-watt peak by IHS Markit
2020 -Sterling and Wilson Solar gets orders worth Rs 1,600 cr -Company is awarded its largest solar project in the United States of America worth USD 99 million.
2021 -Sterling and Wilson Solar Limited wins its first Waste-to-Energy project worth INR 1,500 crore. -"Sterling and Wilson Solar Limited commissioned 25 MW solar project in Oman". -Company name changed to Sterling and Wilson Renewable Energy Ltd. from Sterling and Wilson Solar Ltd..
2022 -Company received Leading EPC award. -SWRE wins order worth INR 2,212 crore from NTPC REL. -Sterling and Wilson Solar Solutions Inc. signs MOU with the Government of the Federal Republic of Nigeria.
2023 -Sterling and Wilson wins 300 MW solar EPC project from NTPC. -Sterling and Wilson Renewable Energy bags order worth Rs 1,130 cr. -Sterling and Wilson Renewable Energy wins orders worth Rs 826 crore. -Company received OHSSAI Occupational Health and Safety Award (GOLD) in the Power Sector. -'Sterling and Wilson Renewable Energy Limited emerges as successful bidder for work of Solar PV Project worth INR 2,100 Crore'. -Sterling and Wilson Renewable Energy received EPC Award 2023.
2024 -Sterling and Wilson Renewable Energy secures Rs. 504 cr solar order in Rajasthan. -Sterling and Wilson Renewable Energy gets 2 new orders worth Rs 512 cr. -SWREL Announces Prestigious New Order for PV Plant in Rajasthan. -Sterling and Wilson Wins 1,000 MWhr battery energy storage project in Rajasthan. -SWREL Announced Order Wins, including EPC of India s Largest BESS project - Total Value of LOI s for both projects is approx. INR 328 crore.
2025 -Recognized as a Top Brand EPC 2025 by EUPD Research. -""SWREL achieves a breakthrough in Wind EPC; Announces 3 New Solar/Hybrid Projects"".
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