Sri Lanka Approves 5-Year Renewable Energy Roadmap 📈

The Cabinet of Ministers has officially cleared the Renewable Energy Resources Development Plan 2025–2030. This strategic framework is designed to transition the national grid toward sustainable sources, ensuring energy security and long-term climate resilience. • Core Targets: Aiming to meet 70% of national electricity demand via renewable energy by 2030, with a long-term goal of total carbon neutrality by 2050. • Strategic Focus: Identifying and prioritizing suitable land for green projects and establishing a comprehensive Renewable Energy Map and Renewable Energy Gardens across the island. • Diversification: Key emphasis on developing floating solar projects to optimize land use and expanding the solar and wind energy footprint. • Implementation: Prepared by the Sri Lanka Sustainable Energy Authority (SLSEA), the plan sets a clear timeframe for energy park development and addresses environmental concerns, including human-elephant conflict, through stakeholder consultations. • Economic Impact: Aims to reduce heavy reliance on expensive fossil fuel imports, aligning with the national shift toward a green economy to support industrial stability and ICT/BPM sector growth. _Note: Plan based on statutory requirements of the SLSEA Act No. 35 of 2007._