Solar Energy for Sri Lanka – A Battle Worth Fighting for
Commonly referred to as the “Surya Bala Sangramaya”, the Battle for Solar Energy is a unique project that promotes and facilitates Solar Energy Solutions to all Sri Lankans.
This is a joint project by the following agencies.
- Ministry of Power and Renewable Energy
- Sri Lanka Sustainable Energy Authority (SLSEA)
- The Ceylon Electricity Board (CEB) and
- The Lanka Electricity Company (Private) Limited (LECO).
Also known as the “Rooftop Initiative” the project aims to promote the setting up of small solar power plants on the rooftops of households, religious places, hotels, commercial establishments, and industries. The target is to add 200 MW of solar electricity to the national grid by 2020. Additionally, the project aims to add 1000 MW by 2025.
Why such a program?
- Sustainable Development has become critical for the progress of developing countries.
- With the increased prices and shortages in fossil fuel, switching energy dependencies has become inevitable.
An assessment of Sri Lanka’s Power Sector done by the UNDP highlighted the following: Sri Lanka’s energy demand is currently being catered to mainly by both indigenous non-fossil fuels and imported fossil fuels. Examples include petroleum and coal.
The remainder is made up of other indigenous sources which include large hydro and renewables such as solar, small hydro and wind.
- However, Sri Lanka has pledged to the 100 percent Renewable Energy target.
Sri Lanka aims to establish solar power plants with a capacity of up to 115 MW.
- The generation mix between wind and solar energy has been determined to be such that by 2050, solar energy is expected to contribute ~30 percent while wind energy will contribute ~50 percent of the total demand.
How do Solar Power producers benefit?
Switching to solar energy production is an economically beneficial step.
Even though the initial setup could be costly, the long term energy expenses can be reduced drastically.
Under this program, consumers will have multiple options to generate and use electricity in their premises. In the case of electricity, they can sell any excess to the national grid or bank it for later use.
The utility, in turn, will pay the solar electricity producers for the excess electricity exported to the grid on the following basis.
- First seven years – LKR 22.00/kWh
- 8th to 20th years – LKR 15.50/kWh
The installed capacity of the generating facility will not exceed the contract demand of the producer. The contract period is 20 years.
How can you contribute and benefit from the program?
Setting up Solar PV solutions in your home or industry can be completed in a few easy steps.
The first step would be to arrange a site visit and get a quotation for your specific requirements.
Following which our team will take you through the process seamlessly.
How can you finance the project?
We have teamed up with a number of local partners who will support you in financing the project. There won’t be a requirement for you to invest your own money. Instead, you can sign up with a loan scheme and pay back the money in installments.
Ready to go Solar?
Sign up with us and we will help you out!