Australian firm secures PPA for 700 MW of floating PV plus battery in Sri Lanka
13 December 2023
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.
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.
Related
-
LG, Yahua Group to invest MAD 5.5 Billion in lithium refining plant in Morocco
28 July 2025
-
Jinko ESS and Solar commission 3.8 MWh energy storage system in Hungary
28 July 2025
-
Trina Storage strengthens APAC footprint with Japan-based deployment
28 July 2025
-
South Africa approves six solar projects totaling 1,290 MW
25 July 2025
-
China’s CITIC to Develop Large Soybean, Corn Farms in Angola
25 July 2025
-
Israel approves rooftop solar on public sports facilities
24 July 2025