The Cabinet has approved plans to begin developing floating solar power projects as part of the country’s renewable energy expansion.
Under the Renewable Energy Resources Development Plan 2026–2030, several reservoirs have been identified as suitable for generating an estimated 3,000 megawatts of power using floating solar panels, based on 10% median surface utilization, the government said.
The initiative supports Sri Lanka’s target of producing 70% of its electricity from renewable sources by 2030 and achieving zero carbon electricity generation by 2050.
The proposal by the Minister of Power includes calling for bids from recognized companies to provide consultancy services for pre-feasibility studies, feasibility studies, and environmental impact assessments.
Responding to questions about the project, the Cabinet Minister today clarified that the government is focused on finding solutions to the various technological challenges in integrating solar power into the national grid. (Newswire)
