Japanese Sri Lanka Friendship (JSF) Corporation, a Board of Investment Company has increased its work force with the aim of enhancing the production of Sakura solar panels.
The second batch of 40 employees recently received their appointment letters from Plantation Industries Minister Naveen Dissanayake at ceremony in Katunayake recently.
The company has commenced operations at its production facility in Katunayake becoming Sri Lanka’s first and sole manufacturer of solar panels.
JSF is now manufacturing solar panels, assemble inverters, and provide LED lighting solutions in Sri Lanka to serve domestic and international markets across Europe, Asia, US and the Middle East.
The Japanese company employs its state-of-the-art technology and service solutions in Sri Lanka, whilst production will commence under the supervision and guidance of renowned Japanese technicians.
The company offers a 35-year generation warranty on all its solar panels under the brand name SAKURA SOLAR, and serves domestic and corporate clientele all over Sri Lanka, offering significant cost and service benefits.
JSF Corporation is the only 100% Japanese investment in the renewable energy industry in Sri Lanka, and the only BOI-approved company with a 55-year agreement in the renewable energy industry.
The company has invested Rs. 5 Billion in Sri Lanka through this initiative, and providing employment to over 200 personnel at the outset, with a 200MW annual output capability.
The company and the investment are the brainchild of Pushpasiri Liyanage, who convinced his fellow directors at JSF to invest in Sri Lanka, who earlier considered taking the operation to Vietnam, Cambodia or Bangladesh.
Through its investment, JSF brings in valuable foreign investment and technology to Sri Lanka in addition to exchange savings, and will serve as a significant source of support to the Government’s ‘Soorya Bala Sangramaya’ program.
The Ministry of Power and Renewable Energy aims to harness solar power to add 200MW of solar power to the national grid by 2020.