Sydney company signs for 150MW solar manufacturing plant in Sri Lanka

A Sydney-based solar consultancy, Energy Puzzle Group, has signed an agreement with the Sri Lanka government to build a US$190 million ($A210 million) solar PV manufacturing plant in the south of the country.

The plant will manufacturer solar cells and panels, with a capacity of up to 150MW a year in the initial stages. The modules will be sold into the domestic market as well as used for export into the Asia market.

The agreement was signed in Colombo last Friday, with the plant expected to begin manufacturing in the first quarter of 2015.

Energy Puzzle director Patrick Featherson told a local newspaper that the company hoped to employ around 150 staff, a mixture of Sri Lankans and Australias, and would look to expand in 2016.

“Once Phase One is up and operational, based on demand they would look at expanding not only in solar panels, but will also move into energy storage and other renewables as well, R&D and software development,” he said.

“This is why we secured enough land to expand. We hope the second phase will begin around mid 2016.”

Energy Puzzle engages in consultancy services to governments on energy policies as well as deployment and use of renewable energies and education. “We also do development, large-scale solar and wind energy parks, and provide financial advice to renewable energy projects and companies,”
Featherston said.

The site at Hambantota has access to a deep water port, and tax breaks. The company that owns the plant could also be listd on the Colombo Stock Exchange.

Comments

One response to “Sydney company signs for 150MW solar manufacturing plant in Sri Lanka”

  1. Tommy Edison Avatar
    Tommy Edison

    Energy Puzzle Group !!

    A Sydney Based solar “consultancy” group no less, who apparently are going to magic up $150m to build solar PV.

    According to the seeking jobs website LinkedIn —

    Energy Puzzle was created to bring together renewable energy, information technology and finance with the highest levels of service and support to provide economically viable and environmentally responsible renewable energy solutions. Energy Puzzle’s myriad of valued clients and partners include federal governments, mining, manufactures, consumer retail chains, investment and development banks, property developers, homeowners, local governments, schools and charities.

    must have been a slow news day at Renew Economy.

    when the urge comes to print this nonsense, our “staff reporter” would be well advised to head out for a coffee or – even better – for a long slow bender at the local pub – to assist the urge in passing.

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