Sterling and Wilson has announced its plans to enter Kazakhstan. The company is targeting EPC for Solar PV projects of capacity 200 MW in Kazakhstan till 2020. The country is expected to receive bids for 180 MW of Solar PV in the month of October. This is part of the series of tenders announced by Kazakhstan government in the beginning of the year.
Kazakhstan is aiming at reducing its dependency on fossil fuel power generation to alternative energy. The country is working towards increasing the share of renewable energy in electric power generation to 3% by the year 2020 and to 10% by 2030.
Bikesh Ogra, CEO-Solar, Sterling and Wilson said, “Though Kazakhstan has huge oil reserves, growing energy consumption is one of the drivers behind the growth of renewable energy. International Energy Agency has predicted the demand for energy in the country to double up by the year 2035. The Central Asian country’s growing concern of climate change is also one of the factors for the switch to renewables. Sterling and Wilson is exploring all options to support the country in meeting its renewable energy targets.”
Sterling and Wilson has a subsidiary company in Kazakhstan with category I license. The local company would be responsible for execution of Solar PV projects.
Sterling and Wilson, today, is actively present in Asian continent outside India, with over 50 MWp of solar PV plants operational in Philippines powering more than 30,000 homes, and another 60 MWp project is in commissioning phase in Bangladesh.
Sterling and Wilson, today, has to its credit a total of close to 6.14 GWp of solar EPC portfolio in various geographies including Africa, Middle East, Asia, Australia, Latin America & USA. It is currently constructing 1177 MWp of Solar PV plant in Abu Dhabi which is the world’s largest single location Solar PV plant till date. It is building number of projects in Zambia, Egypt, Namibia, Niger, Jordan, Argentina, and Morocco.