Our Journey

Driving the
Solar Transition

2011

  • Ventured into the solar EPC business

2013

  • Completed our first turnkey EPC project
  • Started international solar operations

2015

  • Recognised as the largest Indian solar EPC player
  • Constructed the largest single-axis tracker plant in India (60 MWp)

2016

  • Diversified into rooftop solar
  • Started third-party O&M services

2017

  • Demerger of Sterling & Wilson Solar from Sterling & Wilson Group
  • Incorporated a subsidiary in Spain
  • Commenced operations in the USA
  • Bagged the world’s largest single-location solar EPC project in Abu Dhabi

2018

  • Expanded operations in Australia by acquiring a controlling stake in GCO Electrical Pty. Ltd.

2019

  • Listed on BSE and NSE
  • Commissioned our first floating solar project of 450 kWp

2020

  • Ranked 2nd largest O&M player in the world by Wood Mackenzie

2021

  • Expanded our offerings to include Hybrid Energy, Energy Storage and Waste-to-Energy solutions

2022

  • Reliance New Energy acquired a 40% stake in SWREL
  • Awarded one of the largest domestic EPC contracts of 1.6 GW by NTPC

2023

  • Achieved a second consecutive mega order (1,500 MW) from NTPC
  • Raised INR 1,500 crore through the QIP route

2024

  • We closed five marquee project wins totalling over INR 2,400 crore
  • Achieved the highest unexecuted order value in SWREL’s history of more than INR 10,500 crore in October 2024

2025

  • Ventured into wind EPC
  • Our solar O&M portfolio crosses 9 GW

2026

  • Commissioned 4.5 GW AC capacities in FY26
  • Achieved highest annual turnover post IPO