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2700MW of renewable power, storage capacity planned by 2029

Published

12 September 2026

Topic

technology

Sectors

Climate Tech

Geography

Sri Lanka

Source

Read at island.lk

Verified

Fusion42 · 12 September 2026 · Fusion42 review

Sri Lanka plans to add more than 2,700MW of renewable power and storage capacity to its national grid by 2029, including 1,392MW of solar, 370MW of wind, and 1,000MW of battery storage to improve grid stability and utilise renewable resources more effectively.

This Wire brief sits within Fusion42's coverage of Climate Tech.

◆ The Wire takeaway

Battery storage is becoming a key factor in stabilising Sri Lanka’s grid and enabling higher renewable energy use. If you offer energy storage or grid services, expect new opportunities as the market prepares for this capacity surge.

Coverage

1 source · 12 Sep 2026

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Topics

Climate Techrenewable-energybattery-storagesolar-powerwind-powergrid-stability