Tuesday Nov 26, 2024
Tuesday Nov 26, 2024
Wednesday, 15 March 2023 00:06 - - {{hitsCtrl.values.hits}}
Koreas has come forward to assist Sri Lanka to install two pilot floating solar panel power plants in the Ratnapura district to support the transit for renewable energy sources.
“a grant of 8.63 billion South Korean won is extended to install two floating solar plants as a pilot project on the surface of Kiriibban Wewa in Monaragala and Chandrika Wewa reservoir in the Ratnapura district,” Cabinet Co-Spokesman and Minister Bandula Gunawardena said at the post-Cabinet meeting media briefing yesterday.
The grant was an outcome of the Framework Convention on Grant Aid signed between the Republic of Korea and Sri Lanka in 2009.
The pilot project is to install floating solar panel power plant with 1 MW capacity on the surface of reservoirs.
Korea Institute for Advancement of Technology is acting as the monitoring agency for the pilot project on behalf of the Korean Government.
The proposal to this effect submitted by the Power and Energy Minister Kanchana Wijesekera was approved by the Cabinet of Ministers at its meeting on Monday.
Sri Lanka aims at adding up to 2,800 MW of renewable energy into the National Grid by 2025. At present, renewable energy generation has not exceeded at least 1,000 MW.
