IFC and WindForce PLC Partner on Sri Lanka's First Large?Scale Solar Project to Lower Power Costs, Strengthen Energy Security
Sri Lanka, April 27 -- The International Finance Corporation (IFC), a member of the World Bank Group, announced a partnership with WindForce PLC to develop Sri Lanka's first utility?scale 100?megawatt (MW) solar power facility, a landmark project that will accelerate the country's energy transition, strengthen energy security, lower electricity costs and create thousands of jobs.The project will generate around 220 gigawatt?hours (GWh) of clean electricity each year, advancing Sri Lanka's goal of increasing renewables to 50-70 percent of the power mix by 2030. It will strengthen grid reliability, lower costs for electricity consumers, and create more than 3,000 jobs, including skilled and semi?skilled employment that builds capacity in rene...
To read the full article or to get the complete feed from this publication, please
Contact Us.