"Sterling & Wilson Renewable Energy Wins India’s Largest Battery Energy Storage Project".

Sterling & Wilson Renewable Energy has announced that it has secured a prestigious order for the Engineering, Design, Procurement, Erection, Testing, and Commissioning of a 500 x 2 (1,000 MWhr) standalone Battery Energy Storage System (BESS) plant in Rajasthan. This project, set to be completed by 2025, is India’s largest battery energy storage project to date and one of the few projects of its scale globally.

Currently, India's total installed capacity for BESS stands at approximately 219 MWhr as of March 2024. According to the National Electricity Plan (NEP) 2023 by the Central Electricity Authority (CEA), the energy storage capacity requirement is projected to reach 82.37 GWh by 2026-27, with 47.65 GWh from Pumped Storage Projects (PSP) and 34.72 GWh from BESS.

In addition to the BESS project, Sterling & Wilson Renewable Energy has also secured a 20 MW floating solar project in Karnataka from the same client. This marks the third floating solar project the company is currently executing in India. The total value of the letters of intent (LoIs) for both projects is Rs 328 crore.

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