Sterling and Wilson sets up a new subsidiary in Romania
Author: PPD Team Date: December 11, 2025
Author: PPD Team Date: December 11, 2025
Sterling and Wilson Renewable Energy Limited has formed a new step-down subsidiary in Romania as part of its international project development strategy. The company said its Dubai-based subsidiary, Sterling and Wilson International Solar FZCO, incorporated Sterling and Wilson Renewable Energy S.R.L on 08 December 2025.
The company stated that the Romanian subsidiary will focus on the construction of utility projects for electricity. It has an authorised and subscribed capital of 100 Romanian Leu and was acquired for the same cash consideration. The entity is newly incorporated and has not started operations. It currently has no turnover.
Sterling and Wilson International Solar FZCO holds all shares in the Romanian unit. The disclosure was submitted to BSE Limited and the National Stock Exchange of India under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Author: PPD Team Date: October 10, 2025 KPI Green Energy Limited announced that its subsidiary, Sun Drops Energia Private Limited, has been awarded Letters of Award for a 100 MW solar power project under the Captive Power Producer (CPP) segment. The project will be executed on a turnkey basis under the Domestic Content Requirement (DCR) module category, covering supply, service, and operations & maintenance (O&M) for the project’s operational life. Additionally, KPI Green Energy has…
Author: PPD Team Date: November 17, 2025 ACS Energy, an EV charging platform based in Maharashtra, has raised Rs 11 million in a pre-seed round led by Infection Point Ventures. The company plans to use the funds to install more than 5000 UPI-enabled EV charging stations across Maharashtra and Gujarat. The rollout will use its smart AC chargers and ACS pay platforms. The funding will also support the development of energy management systems for high-rise…
Author: PPD Team Date: June 30, 2025 Fibe has launched a new rooftop solar financing solution aimed at middle-income households, especially in Tier 2 and Tier 3 cities. The digital lending platform is offering collateral-free loans of up to Rs 500,000 for residential rooftop solar systems. This new offering is designed to make solar more affordable. It covers 100 per cent of the project cost—including panels, installation, and other expenses. The entire application process is…
Author: PPD Team Date: May 13, 2025 The Government of Karnataka signed a Memorandum of Understanding with GAIL (India) Limited on May 9, 2025. The agreement aims to develop 1,000 MW of renewable energy projects in the state by 2030. Under the MoU, the state government will assist GAIL in securing all necessary permissions, approvals, clearances, registrations, and incentives through relevant departments. M B Patil, Minister for Large and Medium Industries and Infrastructure Development, stated…
Author: PPD Team Date: July 15, 2025 The National Stock Exchange (NSE) successfully launched its Monthly Electricity Futures (ELECMBL) contracts on 14 July 2025, recording a total turnover of Rs 177.24 crore by the end of the first trading day. More than 8,100 contracts were traded, reflecting strong early interest in India’s newest power market instrument. By 2:00 PM on Monday, over 4,000 lots had already been traded, representing more than 200 million units of…
Author: PPD Team Date: April 17, 2025 WorldOne Energies has launched a 1.2 GW solar module manufacturing line to produce its Supreme Series n-type TOPCon monocrystalline bifacial modules. These modules range from 525 Wp to 650 Wp and are built with 144 or 156 half-cut cells. The new line is designed for speed and efficiency. According to the company, it operates 33 percent faster than standard Indian lines. This helps boost throughput and reduce lead…