DH Ceylon Energy unveils Hambantota 110 MW Solar Park investing USD 82 mn
DH Ceylon Energy Pvt Ltd, a subsidiary of Ceylon Energy (PTE) Ltd and DH Energy (SG) PTE. LTD Singapore in collaboration with Southern Nexus Pvt Ltd, announced the inauguration of Project Apollo, a transformative 110 MW solar park located in Hambantota.
With an investment of USD 82 million, this initiative positions Sri Lanka at the forefront of the renewable energy revolution, offering a significant leap toward a more sustainable energy landscape. This project will feature an innovative 11x10MW Ground Mounted Solar Project at the Gannoruwa Solar Energy Park, that will power thousands of homes and industries with clean, renewable energy. The park will play a critical role in bolstering Sri Lanka’s energy grid while reducing the country’s carbon footprint demonstrating DH Ceylon Energy’s commitment to addressing both the local and global energy challenges of the 21st century.
The Apollo project is expected to pave the way for the accelerated integration of renewable energy sources into Sri Lanka’s national grid, marking a significant step in the country’s journey toward energy independence and sustainability. As part of this business model, Project Apollo is set to directly contribute to the government’s ambitious targets for renewable energy generation. By 2030, Sri Lanka aims to generate 70% of its electricity from renewable sources, and Project Apollo’s 110 MW capacity will play a crucial role in meeting this goal. The project highlights the collaboration between private enterprise and the government, demonstrating the potential for partnerships to drive the transition to a cleaner energy future.
The environmental benefits of Project Apollo are substantial as the solar park is expected to reduce 165,600 tons of CO2 emissions annually, equivalent to removing tens of thousands of cars from the roads each year. Over the course of 20 years, this reduction will amount to an impressive 3,301,200 tons of CO2 emissions avoided. As nations around the world accelerate their efforts to reduce greenhouse gas emissions, Project Apollo stands as a powerful symbol of Sri Lanka’s commitment to a low-carbon future.
“Project Apollo is not just about energy generation, it’s about creating a sustainable future for all Sri Lankans,” said Madusanka Fernando, Chairman of Ceylon Energy PTE Ltd.
“Through this project, we are investing in the well-being of our communities and ensuring that future generations have access to clean, reliable energy.”
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