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World economy will slow sharply, despite US-China tariff de-escalation: Fitch | EconomyNext

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ECONOMYNEXT – Sri Lanka’s state-run Ceylon Electrical energy Board stated it’ll pay 45.80 rupees a unit (about 15 US cents at 300 rupees a greenback), for a unit of photo voltaic power saved in batteries and pumped into the grid at night time.

The night time photo voltaic tariffs would enable photo voltaic power to be shifted from low demand daytime to the night time peak when thermal energy is operated to make up for the hole.

“Battery storage techniques with grid-tied inverters can provide power from batteries to the grid, enabling extra photo voltaic power to be saved through the day and dispatched when the grid wants it most,” the CEB stated in an announcement.

“CEB will notify the general public sooner or later of the relevant date and different specifics of this new tariff.”

The battery-powered system can export energy to the grid from 1830 to 2230 hours within the night time, the CEB stated.

Sri Lanka, as in different international locations, has seen sturdy progress in rooftop photo voltaic underneath enhanced tariffs and falling prices from Chinese language photo voltaic panel competitors, creating issues for the CEB to handle the grid in daytime and weekends when demand falls.

On account of failure in financial regulation and political strain the CEB has run losses, particularly after the tip of a civil battle when the rupee depreciated steeply and the grid is archaic and can’t take in intermittent renewables.

The CEB stated it was encouraging self-consumption.

“Underneath the revised rooftop photo voltaic tariff, shoppers, whether or not households or companies, are strongly incentivized to make use of their photo voltaic era through the day to offset grid consumption, thereby unlocking larger financial savings,” the CEB stated.

“For instance, a family consuming over 120 kWh per 30 days pays Rs. 41 per kWh for grid electrical energy.

By utilizing solar energy instantly through the day, they successfully save Rs. 41 per kWh, way over any export tariff. Equally, Normal Goal shoppers equivalent to small companies, who pay Rs. 25 per kWh or extra for daytime grid energy, can obtain even larger financial savings by prioritizing self-consumption of photo voltaic power.”

CEB has lowered the feed-in-tariffs it pays for rooftop photo voltaic from June 2025.

The smallest crops as much as 5 KW will get 20.90 rupees a unit, from 5 to twenty kW will probably be 19.61 rupees, from 20 to 100kW will probably be 17.46 rupees, from 100 to 500kW will probably be 15.49 rupees as much as 1,000 kw will probably be 15.07 rupees and above 1 MW will probably be 14.46 rupees.

Sri Lanka’s renewable energy builders stated they awaited extra particulars on the battery tariffs.

RELATED Sri Lanka photo voltaic batteries hit by 46-pct taxes at import, 10-years too brief: Builders

Sri Lanka’s Federation of Renewable Vitality Builders stated they believed to the battery tariff would solely be given for 10 years which was too brief.

There have been taxes of 46 p.c levied on the border which made batteries artificially costly, the Fred stated. (Colombo/June28/2025)


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