WindForce Advances Nearly 300 MW Renewable Energy and Energy Storage Pipeline

Friday, 26 June 2026 15:47 -     - {{hitsCtrl.values.hits}}

Diya Janani, Floating Solar Project

Battery Energy Storage Systems (BESS) installations in progress


WindForce PLC continues to make significant progress across its renewable energy development portfolio, with a diversified pipeline of solar, wind, floating solar, and battery energy storage projects accounting for nearly 300 MW of capacity. The projects, currently at various stages of development and implementation, are expected to contribute meaningfully to Sri Lanka’s energy transition while supporting greater grid stability, energy security, and renewable energy integration.

A key component of the Company’s pipeline is its involvement in Sri Lanka’s first-ever grid-scale standalone Battery Energy Storage System (BESS) programme. Secured through an international competitive bidding process conducted by the Ceylon Electricity Board (CEB), the initiative represents a major step forward in modernising the national grid and supporting the increasing integration of renewable energy into the country’s power system.

WindForce was awarded thirteen BESS projects on 16 February 2026 and 20 March 2026. Together, these projects account for a total installed capacity of 130 MW/520 MWh of energy storage and will be developed in Partnership with Vidullanka PLC under the Build, Own and Operate model with a fifteen-year contract period with an investment of around USD 62 million. Once operational, the projects are expected to play a critical role in frequency regulation, peak demand management, system resilience, and grid flexibility.

Project implementation is progressing steadily. Installation activities are currently underway at six locations, while equipment for the remaining seven sites has already arrived in Sri Lanka. Installation work at these locations is scheduled to commence during the first week of July, with commissioning activities expected to begin from mid-August.

Beyond energy storage, WindForce is also advancing the development of the 100 MW solar park facility in Siyambalanduwa through Rividhanavi (Pvt) Ltd, in partnership with Lakdhanavi (Pvt) Ltd. Representing an investment of approximately USD 133 million, the project is among the most significant utility-scale solar developments currently underway in Sri Lanka.

Following the signing of the land lease agreement in October 2025, the project has continued to progress according to plan. Civil construction activities have commenced at the solar park, while procurement activities and supplier negotiations for major equipment are nearing completion. Construction of the associated transmission infrastructure is also advancing, with transmission line foundation works completed, tower erection underway, and civil construction of the grid substation in progress. The project is targeted for completion by May 2027.

WindForce’s renewable energy portfolio is further strengthened by the 50 MW Mullikulam Wind Power Project, for which the Power Purchase Agreement is expected to be signed in July 2026. Discussions with turbine suppliers and logistics providers are currently underway as the project advances towards implementation.

The Company is also progressing a 

10 MW wind power project through Safe Power International (Pvt) Ltd. Despite logistical challenges arising from cyclone-related infrastructure damage, alternative transportation arrangements have been secured, plant design activities have been completed, and civil construction is expected to commence shortly.

Further complementing the portfolio is the 5 MW floating solar project at the Dambulu Oya Reservoir, one of the first and largest private sector floating solar developments in Sri Lanka. Installation activities have been completed, with final electrical works, testing, and commissioning currently pending.

With projects spanning utility-scale solar, wind, floating solar, and battery energy storage technologies, WindForce continues to reinforce its position as one of Sri Lanka’s leading renewable energy developers. As these projects progress towards completion, they are expected to play an increasingly important role in supporting the country’s renewable energy ambitions, strengthening grid resilience, and delivering long-term sustainable value to the national power sector.

 

COMMENTS