Saga solar power pvt ltd

Where is Sagasolar power located?

The company, called Sagasolar Power (Private) Limited, built the solar PV facility on 45 acres (18.2 ha) of land within a dedicated energy development area in Baruthankanda, Hambantota district, Southern province. The country’s previous largest solar plant is a 1.3-MW facility also located in Hambantota.

Who owns Sagasolar solar farm?

The solar farm is owned and developed by Sagasolar, a joint venture between LOLC Group and Faber Capital Limited, with 70% debt funded by DFCC Bank, Commercial Bank of Ceylon, and Hatton National Bank. The 12.5 megawatt facility is expected to generate approximately 19GWh annually for at least 25 years.

What is Saga Technologies Private Limited?

Saga Technologies Private Limited is a Private company incorporated on 17 March 2007. It is registered at Registrar of Companies, Mumbai and classified as a Non-govt company. Its authorized share capital is Rs. 100,000 and its paid up capital is Rs. 0. Saga Technologies Private Limited is involved in Data processing.

Which country has the first solar power plant in Sri Lanka?

Solar panels. Featured Image: pornvit_v/Shutterstock.com A partnership between LOLC Group and Faber Capital Limited on Wednesday opened a 10-MW photovoltaic (PV) park in Sri Lanka, which is the island country’s first utility-scale solar power plant.

How much solar power will Sri Lanka generate a year?

The 12.5 megawatt facility is expected to generate approximately 19GWh annually for at least 25 years. 48,000 solar panels manufactured by Solon International are utilized in the solar farm, which extends 45 acres (18 ha), within a zone declared for solar power developments by the Sri Lanka Sustainable Energy Authority.