Colombo, Sri Lanka – 25 September 2026 – WINDFORCE PLC, a prominent player in Sri Lanka’s renewable energy sector, has announced that six of its project companies have emerged with successful bids for a collective 28 MW / 144 MWh in Battery Energy Storage Systems (BESS) capacity. This significant development underscores WindForce’s commitment to expanding its footprint in critical energy infrastructure, aligning with the nation’s push towards a more stable and sustainable power grid.
The announcement, made to the Colombo Stock Exchange (CSE) today, detailed the participation of Solar Universe (Pvt) Ltd, Solar One Ceylon (Pvt) Ltd, Kebitigollewa Solar Power (Pvt) Ltd, Sooryashakthi (Pvt) Ltd, Diya Janani (Pvt) Ltd, and Vydexa (Pvt) Ltd in a tender for the establishment of 150 MW / 600 MWh BESS integrated with existing ground-mounted solar PV power plants. These projects are structured on a Build, Own and Operate (BOO) basis for an operational period of 15 years, highlighting a long-term strategic investment.
Strategic Expansion into Battery Energy Storage
The successful bids represent a pivotal step for WindForce PLC, positioning the company at the forefront of Sri Lanka’s energy transition. Battery Energy Storage Systems are crucial for integrating intermittent renewable energy sources like solar and wind into the national grid, enhancing grid stability, and ensuring reliable power supply, especially during peak demand or when renewable generation is low.
The total BESS capacity secured by WindForce’s project companies amounts to 28.25 MW / 143.75 MWh (rounded to 28 MW / 144 MWh for convenience), with the bid prices falling within the winning threshold. WindForce’s estimated equity investment in these projects is approximately LKR 944 million, reflecting a substantial commitment to this future-forward technology.
Breakdown of Successful Bids
The six project companies, along with their respective capacities and WindForce’s ownership, are as follows:
| Project Company | WindForce Ownership % | MW (Capacity) | MWh (Storage) |
|---|---|---|---|
| Solar Universe (Pvt) Ltd | 50.00% | 4.90 | 25.00 |
| Sooryashakthi (Pvt) Ltd | 50.00% | 4.90 | 25.00 |
| Kebitigollewa Solar Power (Pvt) Ltd | 88.50% | 4.90 | 25.00 |
| Diya Janani (Pvt) Ltd | 100.00% | 3.75 | 18.75 |
| Vydexa (Pvt) Ltd | 76.13% | 4.90 | 25.00 |
| Solar One Ceylon (Pvt) Ltd | 50.00% | 4.90 | 25.00 |
| Total | 28.25 | 143.75 |
Outlook and Future Disclosures
While the formal award of these projects is still pending, the Board of Directors of WindForce PLC has deemed this development as price-sensitive information. This is due to its significant relevance to the Company’s future operations, the potential expansion of its project portfolio, and its long-term financial outlook within Sri Lanka’s evolving energy landscape.
WindForce PLC has stated that further disclosures will be made upon the receipt of formal awards, the execution of relevant agreements, or any other material developments pertaining to this tender. The company also noted that this announcement contains forward-looking statements based on the current bidding outcome, which are subject to the final awarding process, regulatory approvals, and agreement execution.
This success in securing BESS capacity bids positions WindForce PLC to play an even more critical role in bolstering Sri Lanka’s energy security and accelerating its transition towards a robust and sustainable energy future.
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