Sri Lanka Approves New Renewable Feed-in Tariffs, Introduces Rates for Battery Storage

Sri Lanka approves new renewable feed-in tariffs, introduces rates for battery storage

ECONOMYNEXT – Sri Lanka’s Public Utilities Commission (PUCSL) has approved a new feed-in tariff (FIT) structure for renewable energy projects and rooftop solar prosumers, and set purchase rates for battery storage systems. The tariffs apply to small-scale renewable plants under 10 megawatts (MW), domestic prosumers, and projects equipped with Battery Energy Storage Systems (BESS). “This tariff structure is designed not merely as a pricing schedu…

New renewable energy feed-in tariffs to take effect tomorrow

New renewable energy feed-in tariffs to take effect tomorrow

Sri Lanka Greenlights Innovative Feed-in Tariffs for Renewable Energy and Unveils Battery Storage Pricing

FINANCIAL CHRONICLE – The Public Utilities Commission of Sri Lanka (PUCSL) has sanctioned a revised feed-in tariff (FIT) framework aimed at renewable energy initiatives and […] The post Sri Lanka Greenlights Innovative Feed-in Tariffs for Renewable Energy and Unveils Battery Storage Pricing appeared first on FINANCIAL CHRONICLE.

PUCSL sets higher solar-storage payments

The Public Utilities Commission of Sri Lanka (PUCSL) has introduced higher feed-in tariffs for renewable energy projects equipped with battery storage, as the authorities seek to add at least 450MW of solar PV and battery energy storage capacity to the national electricity system by March next year.

PUCSL announces new renewable energy feed‑in tariffs

The Public Utilities Commission of Sri Lanka (PUCSL) has announced new feed‑in tariffs for electricity generated from renewable energy sources, effective from August 25, 2026 and valid until February 24, 2027. According to the PUCSL, the tariffs were determined under powers granted by the Sri Lanka Electricity Act No. 36 of 2024, following a series of public consultations held in line with the PUCSL Act No. 35 of 2002.  Addressing the media, PUC…