Srilanka, Aug. 24 -- The Public Utilities Commission of Sri Lanka (PUCSL) has introduced higher feed-in tariffs for renewable energy projects equipped with battery storage, as the authorities seek to add at least 450MW of solar PV and battery energy storage capacity to the national electricity system by March next year.

The revised tariffs, which come into effect tomorrow (25), will remain valid until February 24, 2027, covering renewable energy plants, rooftop solar prosumers and projects incorporating Battery Energy Storage Systems (BESS).

The move comes as the National System Operator (NSO) has been directed to secure sufficient additional capacity to address a projected electricity capacity shortfall during the first quarter of 202...