Sri Lanka in fresh push for 100MW floating solar project

March 22, 2019
Facebook
Twitter
LinkedIn
Reddit
Email
The project was initially proposed by Sri Lankan president Maithripala Sirisena (Credit: Sri Lankan government)

The Sri Lankan government has revived previously announced plans for a 100MW floating solar project, green-lighting its construction alongside Canadian partners.

Earlier this week, the cabinet of ministers signed off on the addition of a floating installation on the Maduru Oya reservoir, on the island’s east.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The scheme was first proposed in 2017 and will now be, ministers agreed, developed through a joint venture with Canadian Solar Institute; the partnership was proposed by Canada’s own government.

The project approved this week is a joint proposal by Sri Lankan president Maithripala Sirisena – who is also minister for developments in the Mahaweli basin, where the reservoir sits – and energy minister Ravi Karunanayake. Its next few steps will be decided by a newly-created steering committee.

The go-ahead to floating PV follows the decision by ministers, only last week, to approve the development of 28 small-scale solar projects across the island. The plants, selected by a negotiation committee, will sell power at prices of LKR12.84-15.93 (US$0.072-0.089) per kWh.

Sri Lanka was active last year working to promote PV, announcing a 10MW tender and a 90MW RfP for small-scale solar. In 2017, the country raised US$50 million from the Asian Development Bank for the deployment of a 50MW rooftop PV pipeline.  

Read Next

April 1, 2026
Danish independent power producer (IPP) European Energy has divested a 470MW hybrid project in Lithuania to Israel-based IPP Energix.
April 1, 2026
Indian independent power producer (IPP) Inox Clean Energy has acquired the Macquarie-owned Vibrant Energy, which operates a 1,337MW commercial and industrial-focused renewables portfolio across India.
April 1, 2026
Solar power has saved the EU over €110 million (US$127.5 million) a day since the outbreak of war in the Middle East, according to SolarPower Europe.
April 1, 2026
Toyo Solar shipped 4.5GW of cells in FY2025, surpassing its full-year target, while module shipments reached 249MW.
April 1, 2026
Four giant solar ‘wings’ will provide power for the first crewed mission to the Moon in over 50 years, due to launch later today.
March 31, 2026
Qair has secured PLN350 million (US$94 million) in funding to build renewable energy projects with a combined capacity of 203 MW in Poland. 

Upcoming Events

Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland