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Sterling and Wilson to Build SkyPower’s 350MW of Solar Projects in India

SkyPower, the largest and one of the most successful developers of utility-scale solar energy projects in the world, and Sterling and Wilson, world-leading and top Indian solar engineering, procurement and construction (EPC) company, are pleased to announce the signing of agreements today for the EPC and operation and maintenance (O&M) of SkyPower's recently awarded 350 MW (AC) solar projects to be built in India. Construction of the seven 50 MW projects, 150 MW in Madhya Pradesh and 200 MW in Telangana, are to commence in Q3-Q4 of 2016.

Sterling and Wilson, an award-winning EPC contractor, has installed nearly 1 GW of solar energy projects in India alone, and continues to lead the industry as more than 3,500 of its highly skilled workforce build international solar operations across Southeast Asia, the Middle East, and Africa, and has already commissioned nearly 150 MW in solar farms across Africa and Southeast Asia.

"SkyPower continues to lead by example and by action. The signing of these EPC and O&M agreements with Sterling and Wilson is an important milestone toward the timely execution of our awarded projects and fulfillment of our commitment to generating a brighter future for India through developing clean solar power," said SkyPower's President and Chief Executive Officer Kerry Adler.

"Sterling and Wilson is proud to be selected to execute SkyPower's projects in India. SkyPower's world-class construction and O&M requirements and standards are stringent, and our selection is a testament to Sterling and Wilson's capabilities and stellar reputation in India and abroad," said Bikesh Ogra, President, Solar & Electrical Division, Sterling and Wilson.

Said Sri Manu Shrivastava, Principal Secretary, New and Renewable Energy Department, Government of Madhya Pradesh: "MP Government and MPNRED would extend all cooperation for timely execution of SkyPower projects in the state. We are extremely happy to learn of progress on the project. Almost 1,500 MW of projects have been installed in the state in 2015-16, and execution of SkyPower projects would further supplement the achievements of Madhya Pradesh in the field of renewable energy."

SkyPower's continued commitment to develop, finance and build solar photovoltaic projects in India represents a significant amount of the Government of India's 100 GW solar target for 2022. SkyPower is proud to be a part of this exemplary program.

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