Friday, 20 January 2017

Sri Lanka's Hayleys commissions 10MW solar plant

ECONOMYNEXT - Sri Lanka's Hayleys Plc has commissioned a 10MegaWatt solar power plant that can generate up to 2.2 GigaWatt hours (millions of units) of energy for a year.

The plant was built by Hayleys with Winforce (Pvt) Ltd, a renewable energy firm, the statement said.

The solar farm is in Welikande in the Polonnaruwa District of North-Central Sri Lanka.

The power plant will have a 'solar tracking system' that will follow the movement of the sun, which the firm says will generate about 20 percent of energy than a plant using a 'fixed tilt' system.

"A plant of this magnitude reinstates the country's ambition of transforming itself to a green energy producer, and we at Hayleys take pride in doing our part towards this" said Hayleys Chairman Mohan Pandithage in a statement.

Sri Lanka's Hayleys Group has installed over 50 MegaWatts of wind, hydro and solar plants, the firm said.

Sri Lanka paid feed in tariffs as much as Rs25 a unit a 10 MegaWatt renewable energy plant connected to the grid without open tendering under a formula announced in 2012, which has drawn criticism for being expensive.

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