While almost 40% of Sri Lanka’s electricity came from hydropower in 2017, the country still relies heavily on fossil fuels with coal’s share in power generation continuing to increase. Relying heavily on finite fossil fuels, which are tied to volatile markets, came with dire consequences in 2022; with Sri Lanka suffering the worst economic crisis that it has seen in 70 years. Shifting to clean renewable energy sources, in particular solar power, is critical in future-proofing the nation's economy and eradicating energy poverty, which is currently systemic throughout the country.
In addition to displacing climate-warming emissions from the grid, the project's small-scale wind and solar farms contribute to sustainable economic growth in Sri Lanka - with a number of jobs created for local workers, during the construction and operation phases of the farms. Trainings are provided to upskill the permanent workforce, facilitating the transfer of knowledge in renewable technology. A key social benefit that comes with these projects is the increase in stable electricity supply to poor and vulnerable communities in rural Sri Lanka, ensuring they are provided with energy access to meet their daily cooking, lighting, and heating needs.
for all employees working at the power plants
of clean energy supplied to Sri Lanka's national grid on average annually
for the construction and operation of the power plants
reduced on average annually, directly contributing to climate change mitigation