Panasian Power commissions two ground solar power projects

Panasian Power PLC (PAP), a leading supplier of renewable energy to Sri Lanka’s national grid recently commissioned two ground solar power projects, 1MWac ground solar plants in Mahawa (also known as Maho), and Pannala, both in the North Western Province of the country. The project is worth a total investment of Rs.300 million.

The Maho and Pannala plants mark the fifth and sixth such ground solar power plants commissioned by Panasian Power PLC. 

The organization was once again the equity investorand led all aspects of the construction including in-house engineering, simulation,design, obtaining permissions, site acquisition, procurement and construction. Panasian Power also took the lead in securing power purchase agreements (PPA) for the project.

For both projects, PAP used the world’s most bankable inverter, Sungrow, for which they are the exclusive channel partners in Sri Lanka. The Maho project is the first time where PAP used the latest tier 1 bifacial solar panels combined with single axis trackers which follow the path of the sun to maximise power generation. The power plant at Pannala uses tier 1 bifacial panels and a raised structure to allow for organic farming underneath. 

With a total investment of Rs.300million in both Maho and Pannala, Panasian Power’s latest clean energy projects are on track to earn up to Rs. 60million in revenue annually for the company. 
The two solar plants will generate250,000 kWh of green electricity per year, savingthe equivalent of3,580metric tons of CO2which would otherwise be emitted using non renewable energy sources.

Speaking on the project, Panasian Power Chief Executive Officer, Pathmanatha Poddiwala said, “As a leading renewable energy organisation, Panasian Power is pleased to be at the forefront of the clean energy transition in Sri Lanka. 

The Maho project marks our fifth ground solar power plant in Sri Lanka, whilst the Pannala project is our sixth, and we are working towards commissioning more plants in an effort to ensure that green energy becomes a mainstream source of energy and a large scale contributor to the national grid.”

Panasian Power currently has a series of high-performing ground and rooftop solar power projects in its portfolio totalling 15MWdcand a total generation capacity of 24MWp, including hydro power.