The 1 MW Solar Power Project is a utility-scale solar generation initiative designed specifically for the Sri Lankan energy market.
The project combines long-term renewable electricity generation with a structured CEB Power Purchase Agreement (PPA) revenue model, creating a framework for sustainable power generation and long-term project value.
Successful implementation depends on suitable land, adequate grid capacity, regulatory approvals, financing, and qualified EPC execution.
The project is designed to harness Sri Lanka’s solar resource and convert it into clean electricity for the national grid.
By combining proven photovoltaic technology with a structured project development approach, the 1 MW project aims to create a reliable renewable energy asset while contributing to Sri Lanka’s transition toward sustainable electricity generation.
The 1 MW Solar Power Project is built around four core objectives:
Generate electricity from an abundant and renewable energy resource.
Utilize a structured CEB PPA framework to support predictable project revenues, subject to applicable terms and approvals.
Develop a carefully planned solar facility that makes effective use of approximately 5 acres of suitable land.
Contribute to Sri Lanka’s renewable energy capacity and reduce dependence on conventional electricity generation.
The preferred site should be relatively flat, with a slope of less than 5°, outside protected environmental and wildlife areas, and have suitable road access.
Close proximity to a CEB grid substation with sufficient capacity to accommodate the 1 MW injection is critical to project feasibility.
The project has an estimated USD 1 million CAPEX and a preliminary 9.76-year base payback. Final financial performance will depend on the PPA terms, energy generation, operating costs, financing, grid requirements, and final project costs.
Site Selection → Feasibility → Grid Assessment → Regulatory Approvals → PPA → Financing → EPC Construction → Grid Connection → Commissioning → Operations
The project’s successful implementation depends on:
Serendib Solar Energy is committed to developing reliable, sustainable solar infrastructure that supports Sri Lanka’s transition toward cleaner energy and greater energy independence.
1 MW of Clean Energy. Designed for Sri Lanka. Built for the Future.