Sri Lanka in fresh push for 100MW floating solar project

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

Premium
September 18, 2026
GameChange’s CEO Phillip Vyhanek explores the key factors shaping the fixed-tilt versus tracker debate across global markets.
September 18, 2026
GameChange commissioned trackers at a 283MWp South Africa project, while Gonvarri secured a 389MWp Chile contract.
Premium
September 18, 2026
Speed and accuracy matter for solar and storage diligence. Smart investors are harnessing artificial intelligence to achieve both.
September 18, 2026
SMA has opened a new Gigawatt Factory in Niestetal, Germany, expanding its manufacturing capacity for utility-scale energy technologies.
September 18, 2026
Renewable energy infrastructure investor Actis has launched Yeltica Energy, a Mexican renewable energy platform.
September 18, 2026
Anza Power has acquired the 110MWac Karioi and 95MWac Ongaonga solar PV power plants from Helios Energy in New Zealand.

Upcoming Events

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
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye