High-level Cross-Cutting Insights for Sri Lanka
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Example: Renewable Energy – Grid connected solar and wind power
Financing model
• Encourage buyer-side
momentum by offering
concessional financing to
install solar rooftops or
electricity cost rebates for
transferring back electricity
to the grid.
• Blended financing is viable
for Solar PV plants under
IPP or PPP schemes.
Ecosystem development
• Inadequacy of documents, lack of
transparency and arduous laws
restrict large scale solar
development investments.
• Solar rooftop developers can lower
their costs by employing locally
available raw materials and value
additions.
• Developers can convert the
current Net Plus systems into Net
Metering systems to utilize the
existing infrastructure.
Investor activation
• The cabinet is proposing to pass
a bill which would encourage
commercial banks to lend at
nominal interest rates and
enable improved cash flows for
developers.
UN
DP
Policy reform / advocacy
• Recent budget proposals on
land aim to resolve land issues
which restrict growth of RE and
sustainable energy sector.
•GOSL has issued various policies
on RE with anticipated 70%
power generation from RE by
2030.
• Improving production facility of
solar panels, electric vehicles,
and assembly of these vehicles
are key focus areas.View entire presentation