Key Market Indicators
Sri Lanka's wind power consumption is projected to hit 0.01 exajoules by 2028, maintaining the same level as in 2023, according to recent estimates. This forecasted growth represents an average annual increase of 3.1%. The country's demand for wind power has seen a significant rise since 2015, with an average annual growth rate of 10.8%. This upward trend underscores Sri Lanka's commitment to expanding its renewable energy portfolio and reducing its reliance on fossil fuels. The consistent growth in wind power consumption aligns with global trends toward sustainable energy sources, as nations strive to meet climate targets and ensure energy security.
