IFC provides USD 18 Mn for 100 MW solar power facility

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Source: Daily News
Published: 2026-04-29 05:30 UTC+10:00
Section: Business
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Energy, Economy & Finance, Sri Lanka, Labour & Workers, World News, Business & Economy, Environment & Climate
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Snippet:
The International Finance Corporation (IFC), a member of the World Bank Group, has provided USD 18 million to WindForce PLC to develop Sri Lanka’s first utility‑scale 100‑megawatt (MW) solar power facility, a landmark project that will accelerate the country’s energy transition, strengthen energy security, lower electricity costs and create thousands of jobs.
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