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 […]