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Ceylon Electricity Board's 25MW Laxapana hydroelectric plant. Hydro is Sri Lanka's main source of renewable generation today but the government is seeking to encourage more solar PV and wind investment. Image: Ceylon Electricity Board.

Asian Development Bank loan to support Sri Lanka’s first grid-scale battery storage project

November 26, 2024
The Asian Development Bank (ADB) multilateral finance institution has approved a loan to upgrade Sri Lanka’s grid infrastructure.
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Sri Lanka approves PPA for 700MW PV, 1,500MWh BESS plant with Australia’s USG

December 13, 2023
The government of Sri Lanka has entered into a power purchase agreement (PPA) with Australian firm United Solar Group (USG) for a major floating solar power (FPV) and storage project.
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