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

July 15, 2026
Solar power saved the European Union €20 billion (US$22 billion) in gas imports between 1 March and 15 July, according to SolarPower Europe.
July 15, 2026
The chief executive of fledgling US module and cell producer T1 Energy has highlighted his company’s efforts to forge local component manufacturing partnerships and tap homegrown engineering talent.
July 15, 2026
Bluebird Solar has secured a 439.35 MW order from Indian state-owned power producer NTPC Renewable Energy Limited (NTPC REL).
July 15, 2026
Qualitas Energy has secured a €53 million (US$63 million) non-recourse financing package for a 117MWp greenfield solar PV portfolio in Poland.
July 15, 2026
CERC issues suo motu order to release interstate transmission connectivity reserved for renewable projects that failed to secure PPAs.
July 14, 2026
Masdar has reached financial close on what it called the world’s .first gigascale 24/7 renewable energy project'.

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
April 20, 2027
Istanbul, Türkiye