WindForce expands battery storage portfolio with Panadura project award

WindForce PLC has been awarded a new grid-scale Battery Energy Storage System (BESS) project in Panadura, marking its 13th project under Sri Lanka’s national BESS programme.

The project, with a capacity of 10 MW/40 MWh, was awarded on March 20, 2026, and will be implemented under a Build–Own–Operate model over a 15-year period.

The company plans to invest approximately Rs. 1.73 billion in the project, which will be fully owned by WindForce and financed through a mix of debt and equity.

The Panadura facility is expected to support improved grid stability and better management of peak electricity demand, contributing to the country’s shift towards a more sustainable energy system.

WindForce noted that the addition strengthens its growing portfolio of battery storage projects and its contribution to Sri Lanka’s renewable energy infrastructure.

The post WindForce expands battery storage portfolio with Panadura project award appeared first on Financial Chronicle Biz English | Sri Lanka Business News.

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