United Solar Group of Australia has secured Sri Lankan government approval for a $1.72 billion investment in a 700 MW floating solar and 1.5 GWh storage project.
The company will install a 700 MW solar system across 437 hectares in the shallows of Poonakary Lake in the town of Kilinochchi. The system will be coupled with a 1,500 MWh battery, but few other details of the storage system have been made public.
Popular content
Sri Lankan Power and Energy Minister Kanchana Wijesekera announced the news via his X (formerly Twitter) account on Tuesday. He said the PPA deal had been approved by the country’s cabinet.
United Solar Group initially proposed the project in September, following a call out from the Sri Lankan government for projects with a capacity of 50 MW or more. The government aims to accelerate renewable energy development programs across the country.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
1 comment
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.