Sri Lanka targets 70% renewables with new wind push
A fresh round of wind and solar projects aims to cut the fuel-import bill that has long shadowed the economy.
Quick Summary
Sri Lanka is pressing ahead with a new round of wind and solar projects as part of a plan to source the bulk of its electricity from renewables, a shift driven as much by economics as by the climate.
Cutting the import bill
Imported fuel for power generation has long weighed on the trade balance and the rupee. Every megawatt of domestic renewable capacity reduces that exposure, a lesson sharpened by this year’s oil-price shock.
Developers point to the island’s strong monsoon winds and high solar irradiance as natural advantages, if grid upgrades keep pace.
Technology & Features Writer
Ravi covers technology, heritage and long-form features across the island.
