The Sri Lankan government’s 1MW project tender has awarded 76 of the 90 available slots but added that firms have been dropping out of the tender process for bigger awards.
The tender has been running since 2017 with final approvals for the scheme signed off in January 2018.
In an update to parliament Ravi Karunanayake, the minister for power, energy and business development said larger investors had been withdrawing from the nation’s procurement process forcing the government to work harder to attract other funders.
“This action has blocked the attraction of many small scale investors. We are trying our best to encourage small or medium scale investors for these projects,” he was quoted as saying by the state news agency.
The minister also somewhat cryptically alluded to interference with plans for its rooftop solar programme stating that some companies were obstructing its progress.
Under the 1MW tender, the Ceylon Electricity Board (CEB) is offering 20-year power purchase agreements (PPAs) with winners developing on a build, own, operate (BOO) basis.
Jun 15 - Jun 16, 2021
The Utility Solar Summit UK will focus entirely on the opportunities in the UK ground-mount space and feature the new technology and advanced innovations allowing asset owners to improve yield in a subsidy free market. Listen to senior market leaders share stories of their successes and manufacturers pushing the envelope for solar PV whilst taking advantage of our enhanced networking features to connect you with your peers onsite; realising the potential of UK utility scale deployment from 2020 and beyond.
Mar 10 - Mar 12, 2021
Penang, Malaysia (also available virtually)
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability. This event will be run as a live event in Penang for delegates able to attend and will also welcome virtual delegates via streamed content and online networking.