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Charisma Energy Expands Solar Portfolio with New Sri Lanka Agreement

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Charisma Energy Expands Solar Portfolio with New Sri Lanka Agreement

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An announcement from Charisma Energy Services ( (SG:YSV) ) is now available.

Charisma Energy Services Limited has announced that its subsidiary, Jericho Solar (Pvt) Ltd, has entered into a 20-year Standardised Power Purchase Agreement with the Ceylon Electricity Board in Sri Lanka for a 5.0 megawatt solar power plant. This agreement is part of the company’s strategy to expand its renewable energy portfolio, increasing its total capacity to 48.0 megawatts. The project is expected to be operational by the fourth quarter of 2026 and is not anticipated to significantly impact the company’s financials for the year ending December 2025.

More about Charisma Energy Services

Charisma Energy Services Limited, incorporated in Singapore, operates in the renewable energy sector. The company focuses on expanding its portfolio of renewable energy projects, aiming to generate returns for its shareholders. Its primary services include the development and management of solar power projects.

Average Trading Volume: 1,209,372

Technical Sentiment Signal: Sell

Current Market Cap: S$22.4M

For detailed information about YSV stock, go to TipRanks’ Stock Analysis page.

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