INDUSTRY NEWS

United Solar Energy inks 700MW floating PV and storage PPA in Sri Lanka

2023-12-15
United Solar Energy inks 700MW floating PV and storage PPA in Sri Lanka

An operational floating solar plant in Singapore. Image: Sembcorp Industries.

The government of Sri Lanka has entered into a power purchase agreement (PPA) with Australian firm United Solar Group (USG) for a 700MW floating solar and storage project.

The project is being developed by USG’s local subsidiary in Sri Lanka United Solar Energy SL Pvt Company. On its site, it says that US$500 million of the investment is earmarked for domestic project components.

(The above content is reproduced from pv-tech,By Cameron Murray

 

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