The Sri Lanka Sustainable Energy Authority (SLSEA) has been invigorated to go on with the master plan for achieving the target of sharing the national grid with 70 percent of renewable electricity resulting from the enforcement of Electricity Act (amendment) No. 16 of 2022, by 2030.
Minister Kanchana Wijesekara has instructed the Authority to work in collaboration with the CEB to add a minimum of 2,550 MW renewable electricity to the national grid during the period 2023 – 2026.
“Up to 2023 we had been able to connect 1,600 MW of renewable energy capacity to the grid and endeavouring to reach the target to be fulfilled by 2030, with having given priority to six major renewable energy generation projects,” Sepala said.
Sri Lanka is looking for $11.26 billion in investment to meet its renewable energy targets in eight years through 2030 including building storage capacity, Narendra De Silva, the Acting General Manager at the state-run Ceylon Electricity Board, said.
De Silva, addressing a forum to explain Sri Lanka’s renewable energy requirements for potential Indian partners said the island nation is likely to see solar power as a key source in the energy mix by 2026.
The CEB’s 2030 target showed plans by 2030 to generate 3,805 MW from solar power, 1,475 MW from wind power, and establish Battery Energy Storage System (BESS) with 1,100 MW capacity, and Pumped Storage Plants (PMP) with 700 MW.
“We are looking at approximately $9.4 billion in acquiring this generation infrastructure,” he said, adding that further $1.86 billon investment is required for the network.
He said Sri Lanka’s Northern region will be focusing more on wind power plants and the Eastern region will focus mainly on solar power plants. The southern region is demarcated for both wind and solar plants.
, 150 MW of solar is to be completed by the end of this year, and will be the largest solar capacity being connected to the system.
Also 100 MW of solar projects at Siyambalanduwa for which tenders have already been awarded and this project once completed by the end of 2025 will generate a total of energy 200 GWh annually.
One hundred MW solar project at Oddamavadi in Batticaloa which will be connected to the national grid in 2024/ 2025 and 50 MW of solar project at Sampoor is under construction.
Apart from the solar project, a 234 MW wind power project at Poonaryn will be activated to enable it to supply a total energy of 804 GWh per year next year.
The Sri Lanka Sustainable Energy Authority (SLSEA) has been invigorated to go on with the master plan for achieving the target of sharing the national grid with 70 percent of renewable electricity resulting from the enforcement of Electricity Act (amendment) No. 16 of 2022, by 2030.
Minister Kanchana Wijesekara has instructed the Authority to work in collaboration with the CEB to add a minimum of 2,550 MW renewable electricity to the national grid during the period 2023 – 2026.
“Up to 2023 we had been able to connect 1,600 MW of renewable energy capacity to the grid and endeavour to reach the target to be fulfilled by 2030, with having given priority to six major renewable energy generation projects,” Sepala said.
Sri Lanka is looking for $11.26 billion in investment to meet its renewable energy targets in eight years through 2030 including building storage capacity, Narendra De Silva, the Acting General Manager at the state-run Ceylon Electricity Board, said.
De Silva, addressing a forum to explain Sri Lanka’s renewable energy requirements for potential Indian partners said the island nation is likely to see solar power as a key source in the energy mix by 2026.
The CEB’s 2030 target showed plans by 2030 to generate 3,805 MW from solar power, 1,475 MW from wind power, and establish Battery Energy Storage System (BESS) with 1,100 MW capacity, and Pumped Storage Plants (PMP) with 700 MW.
“We are looking at approximately $9.4 billion in acquiring this generation infrastructure,” he said, adding that further $1.86 billon investment is required for the network.
He said Sri Lanka’s Northern region will be focusing more on wind power plants and the Eastern region will focus mainly on solar power plants. The southern region is demarcated for both wind and solar plants.
150 MW of solar is to be completed by the end of this year, and will be the largest solar capacity being connected to the system.
Also 100 MW of solar projects at Siyambalanduwa for which tenders have already been awarded and this project once completed by the end of 2025 will generate a total of energy 200 GWh annually.
One hundred MW solar project at Oddamavadi in Batticaloa which will be connected to the national grid in 2024/ 2025 and 50 MW of solar project at Sampoor is under construction.
Apart from the solar project, a 234 MW wind power project at Poonaryn will be activated to enable it to supply a total energy of 804 GWh per year next year.
