The Ministry of Power and State Minister of Solar, Wind and Hydro Power Generation Projects Development has launched a community based power generation project titled 'Soorya Bala Sangramaya' (Battle for Solar Energy) in collaboration with Sri Lanka Sustainable Energy Authority (SLSEA), Ceylon Electricity Board (CEB) and Lanka Electricity Company (Private) Limited (LECO) to promote the setting up of small solar power plants on the rooftops of households, religious places, hotels, commercial establishments and industries.
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Does Sri Lanka have a solar PV project?
The Project provides long-term debt financing for installation of rooftop solar PV power generation systems in Sri Lanka. The credit line is managed by the Department of Development Finance, Ministry of Finance, Economy, and Policy Development (MoF).
The “Rooftop Solar PV Power Generation Project” provides electricity consumers with long-term debt financing for installation of rooftop solar photovoltaic power generation systems in Sri Lanka.
Solar PV service providers (applicant company), having capacity to deliver the complete package of services including survey, design, supply of equipment/materials, installation & commissioning and post installation back up support must register at the Sri Lanka Sustainable Energy Authority to engage in Solar PV Roof Top installation in Sri Lanka.
Warranty cover by the service provider for mounting structure and wiring for 10 years. Vendors/service providers shall submit necessary test certificates from accredited laboratories and obtain the conformity certificate from Sri Lanka Sustainable Energy Authority for PV panels, inverts and DC Cables as appropriate.
Does Sri Lanka have a good energy sector?
Sri Lanka has improved its energy sector performance and achieved a national electrification ratio of 98.5% in 2015 compared with 29% in 1990. However, high dependence on expensive fossil fuel energy continues.
Project website was launched, which includes a solar PV calculator as a guide to potential residential customers. As of today the total disbursed is $50 million. Debt funding for the rooftop solar power generation increased. Rooftop solar market infrastructure and bankable subproject pipeline developed.