Sterling and Wilson Solar choose Seville for their European headquarters

The continental market is expected to grow by 7 gigawatts a year and to reach 28 gigawatts in 2023

The Indian company Sterling and Wilson Solar Ltd (SWSL) will use Seville as its base for growth in Europe. It has chosen Seville in Andalusia as the location for its headquarters for the whole continent as part of its strategy for international expansion. The new office will start to operate in November.

The potential for growth in the European solar market has been brought to the attention of this company that is part of the Shapoorji Pallonji group. The main factor that led to the selection of Spain as the base for its operations in Europe was the European Union's perspectives for the solar energy market. According to these data, Spain was the largest market for solar energy in Europe in 2019, when capacity increased by 4.7 gigawatts. It was followed by Germany, Netherlands, France and Poland, in that order.

New projects
With Seville as its base, SWSL proposes to implement new projects and provide services in countries including Portugal, Spain, Italy and Poland. In addition to India, the company currently operates in 25 countries in Southeast Asia, the Middle East, Africa, Europe, America and Australia.

SWSL provides integral services for engineering and the acquisition and construction of solar energy projects. Although it undertakes the integral management of the projects, it also provides operational and maintenance services in those that have been constructed by other companies in the sector. It also provides storage services for the energy produced by the type of installations.

Access to key markets
Vikas Bansal, responsible for the company in Europe, explained in a statement: "We see the opening of this office as an important step forward in the company's strategy for accessing key markets. Europe has huge potential in terms of solar capacity and the market is expected to see the implementation of new photovoltaic capacities amounting to about 7 gigawatts per year, and to reach 28 gigawatts by 2023".

On their capacity for accessing this market, Bansal stated: "With our robust financial capacity and the relationships we have nurtured with independent energy producers in the region, SWSL is well prepared to expand its operations in Europe and to play a leading role in the global transition toward low-carbon energy".

Sterling and Wilson Solar's projects worldwide already amount to over 10.5 gigawatts of solar energy. These include the largest solar plant in the world constructed in a single location. This is the 1,177 megawatt project located in Abu Dhabi, the capital of the United Arab Emirates. The company also manages a portfolio of operational and maintenance projects amounting to 7.8 gigawatts globally.