LAUGFS launches rooftop solar project
View(s):LAUGFS Power has launched an ambitious project to install solar PV systems on the rooftops, possibly, on all premises of LAUGFS’ businesses.
The solar power unit at LAUGFS’s rubber factory at Horana
As the first phase of this initiative, 324 kW and 47.5 kW grid-tied rooftop solar PV systems were installed with an investment of Rs. 49 million at the LAUGFS Rubber factory in Horana and LAUGFS Holdings Head Office in Colombo respectively.
Launched in line with the Soorya Bala Sangramaya programme by the Ministry of Power and Renewable Energy, the grid-tied rooftop solar PV system at the LAUGFS Rubber factory is expected to generate 490 MWh of clean energy and offset 350 MTs of CO2 emissions to the environment every year. The rooftop solar PV system at LAUGFS Head Office in Colombo is scheduled to generate 68 MWh of solar power, while offsetting 48 MTs of CO2 emissions per annum.
Adhering to international standards and taking advantage of the latest technologies, solar panels sourced from globally reputed US and Korean manufacturers have been used for the installations by LAUGFS Power, the company said in a media release.
“As a renewable energy solutions provider, LAUGFS Power has invested in both mini-hydro and solar power generation over the years. This newest project to convert all possible rooftops of LAUGFS’ businesses to help generate solar power, will enable us to significantly reduce our dependency on the national grid, while enabling us to continue to minimise our environmental impact,” noted LAUGFS Power General Manager, Mahinda Senarath.
With the continuously increasing energy demand in the country, LAUGFS Power has further strengthened its investments in renewable energy solutions, primarily focusing on solar and mini hydro. It currently operates the country’s largest solar power project in Hambantota.
LAUGFS is one of the largest diversified business conglomerates. Founded in 1995, LAUGFS today has expanded across 20 industries in Sri Lanka and overseas, establishing a strong presence as a leader and pioneer in the power and energy, retail, industrial, services, leisure and logistics sectors.