India-based Sterling and Wilson has revealed plans to develop 500MW of new photovoltaic (PV) solarpower plants in Australia over the next three years.
The planned projects are expected to attract an A$600m ($395m) investment and help reduce roughly 750,000t of carbon emissions annually.
They are also anticipated to create more than 750 jobs during construction.
Sterling and Wilson Renewable Energy CEO Bikesh Ogra said: “Australia is witnessing a solar boom, as the country has had a phenomenal year with respect to large-scale solar projects.
“The solar industry has also seen a sharp decline in costs, and is seen as a pivotal force to help the country achieve its renewable energy targets by 2020.
“We are definitely excited to be a part of this transformational journey and aid in realising its potential to transition to a future of sustainable and renewable energy.
“As a truly global solar engineering procurement construction (EPC) company with experience across geographies, we not only want to bring our best practices to the industry, but also learn alongside our peers to attain our target of 500MW installations.”
Sterling and Wilson has installed more than 1,930MW of solar plants so far in various places including India, the Philippines, and South Africa.
The company is currently building a 1,177MW plant in Abu Dhabi and various other projects in Zambia, Niger, and Morocco.