The Power, Energy and Business Development Ministry and Canadian Commercial Corporation entered into an agreement to set up a 100 megawatt floating solar power plant in the Maduru Oya reservoir. The agreement was signed in the presence of president Maithripala Sirisena at the Presidential Secretariat yesterday.
The Cabinet of Ministers recently granted approval for the joint proposal made by the President as the Minister of Mahaweli Development and Environment together with the Ministry of Science Technology and Research and the Ministry of Power and Energy to establish floating solar power generation plants on the reservoirs in the Mahaweli Economic Zone as a measure to solve the present power crisis and as a step towards using low cost renewable energy sources.
Accordingly, through these floating solar power plants to be established in several parts of the country, it is expected that 50% of the energy supply would be supplemented by renewable energy by 2030.
The first project will be implemented in the Maduru Oya reservoir using solar panels and batteries which can store electricity with the cooperation of Canadian Solar Inc.
Meanwhile, 10 megawatts of solar power is expected to be added to the national grid by the end of November 2019 while 100 megawatts is expected to be added by the end of year 2020.