Sri Lanka-based renewable energy developer WindForce has secured a letter of award from the Ceylon Electricity Board (CEB) to set up 12 standalone battery energy storage system (BESS) projects with a cumulative capacity of 120 MW/480 MWh under a build, own, and operate model.
With more than 2,600 MW of new renewable capacity planned—dominated by solar and wind—and a strong push on storage and grid stabilisation, the strategy signals intent.
The key change introduces “renewable energy storage facilities” (with a minimum capacity of 1 MWh) as an eligible sector under the bonded warehouse facility. This facility provides exemptions from selected duties and taxes on approved capital goods during the construction period.
Leading Sri Lankan manufacturers are adopting three breakthrough approaches: 1. Hybrid Battery Systems Combining lithium-ion efficiency with lead-acid durability, these systems offer: 2. Smart Energy Management EK SOLAR's AI-driven controllers can: Let's examine two projects.
Feb 23, 2025 · To address these issues, the report evaluates the potential of three key energy storage technologies: Pumped Energy Storage Systems (PESS), Thermo-mechanical Energy.
Sri Lanka is set to establish the world's largest battery energy-based storage system which uses solar power as its only energy source, claimed Minister of Power and Energy Kanchana Wijesekera.