Key Market Indicators
Sri Lanka's renewable energy generation is projected to surge to approximately 2.4 terawatt-hours by 2028, a significant increase from the 1.5 terawatt-hours recorded in 2023. This represents a compound annual growth rate (CAGR) of 6.7%. The country's renewable energy supply has shown a robust upward trend, with an annual increase of nearly 16% since 2004. This consistent growth underscores Sri Lanka's commitment to expanding its renewable energy sector and reducing reliance on traditional energy sources.
