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Feb 25th, 2014
 
Australia-based Energy Puzzle Group will invest US$190 million to put up a solar cell and module factory in Sri Lanka
 
Australia-based Energy Puzzle Group on Friday committed an investment of US$ 190 million to put up a solar panel and solar cells plant in the Mirijjawela Export Processing Zone in Hambantota.
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  • Solar panel and cells manufacturing plant in Mirijjawela to be ready by next year
  • Phase 1 to generate 150 MW per annum for energy export
  • Sri Lanka to be company’s hub for Asia and the Gulf

Spanning across eight-and-a-half acres, the plant is expected to be fully operational by Q1 2015, generating 150 mega watts of power per annum. The majority of the energy produced will initially be for export. The main three export markets the company is targeting are India, Japan and the Gulf states.

 
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