The Number one Tech Blog

Having saved up enough money to get your manufacturing business off the ground, you might think that the hardest part of your work is over with. Unfortunately, you would be wrong. This is only the beginning of the project! As many successful entrepreneurs can tell you, good planning is one of the keys to success. The post Things to Consider When Starting Your Manufacturing Business appeared first on Business Opportunities.

Japanese Sri Lanka Friendship Corporation, a board of investment company, will start manufacturing solar panels at Katunayake in Sri Lanka. This will be the first solar panel manufacturing facility in Sri Lanka. It will manufacture solar panels, assemble inverters, and provide LED lighting solutions. These products will be sold in domestic markets as well as shipped to international markets across Europe, Asia, US and the Middle East.
Mr JLAP Liyanage, Corporation Director and Chief Executive Officer at JSF said that “As we open the doors to our facility, we are privileged to become the pioneering manufacturer of solar panels in Sri Lanka and make way for the growth and adoption of advanced renewable energy solutions in the country, which presents the future of sustainability the world over.”
The products will be sold by the brand name ‘Sakura Solar’ and provide 35 year generation warranty on all its solar panels. It will also offer cost and service benefits to domestic and corporate clients in Sri Lanka.
JSF corporation investment is approved by Board of Investment of Sri Lanka and has a 55-year agreement in the renewable energy industry. The corporation, with 100 percent Japanese investment, will invest USD 0.031 billion (5 billion Sri Lankan Rupee) and provide employment to over 200 people. The manufacturing facility will have an annual capacity of 2,000 MW.
Japanese company will offer its state-of-the-art technology and production will start on July 21, 2018 under the guidance of Japanese technicians.
Earlier, Mercom reported that the Sri Lankan government has awarded a 10 MW solar power project to a domestic company Didul (Pvt.) Ltd. The project is slated to be developed near a substation located in Valachchenai, which lies in the eastern region of Sri Lanka.
According to a joint study by the UN Development Program and Asian Development Bank, Sri Lanka can meet its current and future electricity demand through the use of renewable energy by 2050.
Share:

0 Comments:

Post a Comment

Copyright © Techpalace | Powered by Blogger Design by ronangelo | Blogger Theme by NewBloggerThemes.com