The Power, Energy and Business Development Ministry and Canadian Commercial Corporation yesterday at the Presidential Secretariat entered into an agreement before President Maithripala Sirisena to set up a 100 megawatt floating solar power plant in the Maduru Oya reservoir.
The Cabinet of Ministers recently granted approval for the proposal made by the President as the Minister of Mahaweli Development and Environment, 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 by the year 2030, it is expected to achieve the energy supply through using 50% 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.
This project is expected to complete expeditiously and the first 10 megawatts of solar power to be added to national grid by the end of November this year and at the end of the year 2020 it is expected to add the total 100 megawatts of solar power to national grid.
Power, Energy and Business Development Ministry Secretary Dr. Suren Batagoda and Canadian Commercial Corporation’s Asian Region Director Yvonne Chin exchange the agreement in the presence of President Maithripala Sirisena.
Prime Minister Ranil Wickremesinghe, Minister of Power, Energy and Business Development Ravi Karunanayake, Secretary to the Ministry of Mahaweli Development and Environment, officials of the Ministry of Power and Energy, Canadian High Commissioner to Sri Lanka, David McKinnon and others participated on this occasion.