Solar Panels are an effective method of saving electricity. If you recall, we wrote about how a solar panel operates and the costs involved in setting one up. In case you didn’t know Sri Lanka also has their own power generation project.
Called “Soorya Bala Sangramaya” (Battle for Solar Energy), the project brings together efforts from the Sri Lanka Energy Authority, Ceylon Electricity Board and the Lanka Electricity Company (Pvt) Ltd. The project was set up to promote the growth of small solar power plants on the roofs of households, religious and commercial establishments and hotels. The aim of the project is to add 200MW of solar power to the national grid by 2020.
Aiming to bolster this project, the Japanese Sri Lanka Friendship (JSF) Corporation announced that they would commence manufacturing operations at their production facility in Katunayake. Once said operations kick off, they would be Sri Lanka’s first manufacturer of solar panels.
Originally planned to be either in Vietnam, Cambodia or Bangladesh, the choice to set up operations in Sri Lanka was due to the convincing capabilities of Pushpasiri Liyanage – CEO and Corporation Director of JSF Corporation (Pvt) Ltd.
What exactly is the JSF Corporation?
JSF Corporation is a subsidiary of REK CO, Ltd, Japan. It is also registered as a BOI company in Sri Lanka. They specialize in providing solutions for efficiently used natural energy and lighting for both home and industrial use.
As such, the company manufactures solar panels, inverters and LED lighting solutions under the brand “Sakura Solar”. Primarily aimed at the Sri Lankan market, the company also caters to markets across Europe, Asia, US and the Middle East as well.
In 2017, the JSF Corporation also showed interest in investing in the University of Colombo. This was to assess the possibility of setting up a Solar power plant at the University grounds.
What are their plans for Sri Lanka?
Well, for starters, the company plans to implement all technologies that they use in their manufacturing plants for the Sri Lankan one as well. Added to that, production of components will be supervised by a team of professional technicians from Japan. Solar Panels and related equipment sold in Sri Lanka will carry a 35-year generation warranty. In addition, because components are locally manufactured they also would be cheaper as well.
The operations of JSF Corporations and their manufacturing process will also see an investment of LKR 5 Billion along with employment for 200 people at the outset. The investment would act as a source of support to the Soorya Bala Sangramaya program as well.
How you ask? Well, firstly, the LKR 5 Billion investment itself can be utilized as financial support. On the other hand, the solar panels and equipment manufactured could be used to add that 200MW of solar power that was mentioned earlier as well.
When will the Solar Panels plant be set up?
JSF Corporation will begin operations at the Katunayake Export and Processing Zone on the 21st of July 2018. This would be carried out under the auspices of Ranjith Siyambalapitiya – Minister of Power and Renewable Energy, along with Kenichi Suganuma – Japanese Ambassador to Sri Lanka and Ajith Perera – State Minister.