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Home / Order Book / Sterling and Wilson Renewable Energy Ignites Growth with USD 560M Egypt Solar-Storage Megaproject
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Sterling and Wilson Renewable Energy Ignites Growth with USD 560M Egypt Solar-Storage Megaproject

In a significant boost to its global footprint and the accelerating renewable energy transition, Sterling and Wilson Renewable Energy Limited (SWREL) has announced a landmark project win, further solidifying its position as a leading EPC player in the sector. The Indian renewables giant, through a strategic joint venture, has secured a substantial contract in Egypt, signaling robust growth in the MENA region’s green energy ambitions.On June 29, 2026, SWREL, in a 50-50 joint venture with Egypt’s Hassan Allam Construction, received a Letter of Award (LOA) for the West Minya Solar Power Project. This monumental undertaking is valued at approximately USD 560 million and represents a significant stride in utility-scale renewable deployment.

Project Highlights:

  • Total Project Value: USD 560 million
  • Solar Capacity:1,000 MWac (1 GWac) Solar PV
  • Energy Storage: 600 MWh Battery Energy Storage System (BESS) integration
  • Scope: Full Engineering, Procurement, and Construction (EPC)
  • Location: Minya Governorate, Egypt
  • **Significance: Third GW-scale order for SWREL in 9 months

This project is poised to become one of Egypt’s largest utility-scale renewable energy developments, underpinning the nation’s decarbonization efforts and strengthening energy security across the wider MENA region. Mr. Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Group, emphasized the company’s commitment, stating, “We bring deep expertise and proven execution capabilities that will help unlock the region’s vast renewable energy potential.” He also noted that securing a third GW-scale order within nine months reflects the increasing scale of PV projects and sustained customer confidence in SWREL’s ability to deliver complex solutions, including integrated BESS technology.

With this latest achievement, SWREL continues to demonstrate its prowess in spearheading large-scale, technologically advanced renewable energy infrastructure. Investors and industry watchers will undoubtedly view this USD 560 million project as a strong indicator of SWREL’s accelerating growth trajectory and its pivotal role in shaping the future of global clean energy.