Sri Lanka seeks consultants for $100m solar project
Posted on November 24th, 2020
PV Magazine
The project will be developed under a credit line facility from the Exim Bank of India.
The Sri Lanka Sustainable Energy Authority has issued a tender to seek consultants for the pre-feasibility study of a large scale PV power plant.
The project will be developed under a $100 million credit line facility from the Exim Bank of India. Of this sum, $85 million will be devoted to the deployment of rooftop PV arrays in government buildings under the country’s net metering scheme, $5 million will be used for floating installations, and $10 million will be allocated for installing solar-plus-storage systems for low-income households.
Interested consultants will have time until December 9 to submit their bids.
According to a recent joint study by the UN Development Programme (UNDP) and Asian Development Bank (ADB), Sri Lanka has the potential to deploy 16 GW of solar power. It aims to cover its entire power demand with renewables by 2050.
At the end of 2019, according to the International Renewable Energy Agency, the country had 215 MW of installed solar power. Through its solar energy program, dubbed the Soorya Bala Sangramaya (battle for solar energy), Sri Lanka hopes to add 1 GW by the end of 2025.
November 25th, 2020 at 9:14 am
Why can’t the government cooperate with the our own private sector to run such projects without our corrupt electricity board putting absurd obstacles, technical in nature.
Why not tap into our hot springs area near Tricomalee to extract geothermal power which is there for next 50,000 years. Can get the technical help from government of Iceland. With abundance of thermal power we don’t have to spend on solar and wind power.