ADB to Help Develop Rooftop Solar Power Systems in Sri Lanka

Last Modified: Fri Oct 06 2017 17:50:05 GMT+0530 (India Standard Time)
  • 50 MW
    Capacity that is sought to be installed based on rooftop solar. The capacity will be built as part of Asian Development Bank’s Rooftop Solar Power Generation Project. The project will finance rooftop solar power installations as well as initiatives for building capacity and awareness of relevant authorities, private sector partners, and customers.
  • $50 million
    Amount the Asian Development Bank (ADB) will loan to help fund rooftop solar power generation systems in Sri Lanka to increase the share of renewable energy sources in the country’s energy mix.
  • $8.9 million
    Amount of investment to come from the private sector.
  • $1 million
    Additional amount that will provide as technical assistance from its Asian Clean Energy Fund to help build capacity, increase awareness of stakeholders, and support the project’s implementation in Sri Lanka.