PV module maker Jurawatt sets foot into Sri Lankan market

German photovoltaic (PV) module manufacturer Jurawatt GmbH said Thursday it has teamed up with two other companies as part of its entry into the Sri Lankan desert technology market.

One of the two new partners is based in the UK, while the other is a Sri Lankan company, CEO Patrick Thoma said in a statement.

With their help, the German PV maker will introduce its Desert Modules to the solar market in the country. The equipment is very suitable for the weather conditions in Sri Lanka as it is specifically designed for places with high temperatures and levels of humidity along with heavy monsoon rainfalls, the company explained.

As a result of its growing economy, Sri Lanka uses nearly twice as much the energy it generates domestically. Furthermore, it has no fossil fuel reserves and is thus highly dependent on imports. To solve these issues permanently, the local government is more and more turning its attention towards renewable energy and solar power in particular, Jurawatt pointed out.

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