Our History ​

WindForce Limited was incorporated in July 2010 to promote and to handle all aspects of renewable energy developments. Over the years through its investments in the renewable energy space, what began with a team of 5 individuals including our Managing Director, has now transformed to become the largest Independent Power Producer in the Renewable Energy generation sector in Sri Lanka and have expanded operations globally.

Since inception WindForce’s strategy has remained firmly anchored to its mission. Hence, we use a combination of short, medium and long-term planning cycles to enable WindForce to realise its strategic intent; while striking the right balance to safeguard stakeholder interests.
WindForce’s overall strategy is underpinned by four Strategic Pillars that have been established by scrutinizing the list of Material Topics relevant to the Company.

Progressive Growth

Operational Excellence

A Great Place to Work

Contribution to the National Development Agenda

OUR MISSION

To hold our position as the largest contributor of Sri Lanka’s renewable energy by investing in viable, eco-friendly and state-of-the-art renewable energy power plants and to venture beyond our shares and become prominent players in the global market.

OUR vision

To pioneer and spearhead the growth of renewable energy in Sri Lanka and progress into overseas markets with the use of cutting edge technology and energy-efficient renewable energy plants that are socially, financially and legally sustainable to our investors in the long run.

OUR MISSION

To hold our position as the largest contributor of Sri Lanka’s renewable energy by investing in viable, eco-friendly and state-of-the-art renewable energy power plants and to venture beyond our shares and become prominent players in the global market.

OUR VISION

To pioneer and spearhead the growth of renewable energy in Sri Lanka and progress into overseas markets with the use of cutting edge technology and energy-efficient renewable energy plants that are socially, financially and legally sustainable to our investors in the long run.

Environmental, Social and Governance(ESG)

Apart from producing renewable energy, WindForce PLC supports the transition towards sustainability in other forms as well; such as engaging in multiple social responsibility projects that benefit locals living in the vicinity of the company’s plants.

Green Energy

Traditional methods of creating energy from non-renewable resources such as fossil fuels often result in a plethora of negative effects; both to the environment and to people themselves. With energy being the premise of all economies, opting for sustainable energy solutions is the best decision. Thus, to promote a cleaner, greener future, WindForce harvests energy from the sun, the wind and the air- making it renewable, natural, and sustainable.

No chemical pollutants released

Minimal impact to nature during harvesting

Doesn't contribute to climate change

Our Achievements

2023

WindForce was awarded the APAC Employer Recognition Certificate for recruiting CIMA members and students and helping in developing world-class Chartered Management Accountants.

Diversification into Sustainable mobility with the opening of “SATVA” (Pvt) Ltd and the introduction of VMOTO, (subsidiary of SATVA) electric cycle range into the Sri Lankan market. Herewith, WindForce now engages in the business of development of the EV range and “Bluesky EV Ltd.” for EV conversions.

2022

Certified as an issuer of Carbon Emission Reduction Credits (CER) – WindForce is the first local renewable energy producer in Sri Lanka authorized to issue “ Carbon Emission Reduction (CER)” certificates for organizations keen to purchase carbon credits.

National Business Excellence Awards - Gold Winner under Utilities and Infrastructure Sector.

ICRA Lanka reaffirms WindForce’s Issuer Rating as [SL]AA- Stable in May 2022.

Commissioning of Solar Universe, the first Agrivoltaic Plant in Sri Lanka in September 2022 with a capacity of 10 MW.

WindForce is accredited as a CIMA Training Partner since October 2022.

TAGS Awards 2022 – WindForce was awarded the Silver Award under the Power and Energy Category and the Certificate of Compliance for the Annual Report 21/22 organized by the Institute of Chartered Accountants of Sri Lanka.

2021

ICRA assigns issuer rating of [SL] AA- (stable) to WindForce.

Issue of Initial Public Offering (IPO) with 08 times over subscription.

WindForce was approved as an IESL (Institute of Engineers Sri Lanka) Training Partner for graduate engineers for corporate membership in electrical engineering in June 2021.

Our very first Annual Report for FY 2020/21 received the Certificate of Compliance at the 56th Annual Report Awards conducted by the Chartered Accountants of Sri Lanka.

2020

First solar power plant in Uganda by a Sri Lankan Renewable Energy Company.

WindForce acquires Renewgen, Seguvantivu, Energy Reclamation, Vidatamunai and Powergen becoming the leading independent power producer in renewable energy generation.

2019

First solar power plant in Ukraine by a Sri Lankan Renewable Energy Company.

WindForce commissioned its largest solar power plant with an install capacity of 50MW in Gharo, Pakistan.

2018

Renewgen commissioned its first small hydro plant in Uganda.

2017

Presidential Environmental Award - Silver Renewable Energy Generating Projects.

WindForce marks its entry into foreign markets by commissioning Harappa Solar in Pakistan.

2016

WindForce commissioned its first solar power plant, Solar One.

The Ceylon Chamber of Commerce - Best Corporate Citizen Sustainability Award Winner.

Presidential Environmental Award - Silver Renewable Energy Generating Projects.

Renewgen (currently a fully owned subsidiary of WindForce) commences operation and acquires five small hydro projects.

2015

Energy and Environment.

Foundation of New Delhi, India - Platinum Award for Outstanding Achievements in Sustainability Management.

2012

National Chamber of Commerce Sri Lanka.

Winner – National Business Excellence.

Engineering Excellence Award.

Institution of Engineers, Sri Lanka.

2010

WindForce Limited (WindForce) was incorporated.

WindForce pioneered wind power generation in Sri Lanka by commissioning the Seguvantivu and

Vidatamunai power plants in Puttalam.

National Science and Technology

Award Winner - Outstanding Leadership in Introducing Technologies.