What percentage of Sri Lanka's energy source is renewable?

However, as of 2018, only 39 % of Sri Lanka's energy generation capacity was harnessed through renewable energy sources. The continuous increase in electrical energy demand and the drastic increase in vehicle population over the past few years have resulted in much of its annual income being spent on purchasing fossil fuels from foreign countries.

Can Sri Lanka reinvent its energy system?

As global energy systems shift hastily away from the disruptive use of fossil fuels, the current crisis in Sri Lanka presents an opportunity to reinvent the energy system to one that is based on abundant indigenous renewable energy (RE) resources and able to meet the country's growing energy demand [ 2, 12 ].

Who is zebra renewables?

Active in the retail, wholesale and manufacturing sectors of domestic renewable biomass products as well as in the Industrial Energy sector. Zebra Renewables applies our deep tech and industry knowledge to asset streams (both plant and product) to deliver outsize returns from low value or waste inputs.

Does Sri Lanka have solar energy?

Furthermore, Sri Lanka’ has also seen an increase in the energy generated through bioenergy sources (geothermal, biomass and waste energy) with this segment producing approximately 250 GWh of energy by 2020. However, despite its potential, solar energy has had an uninspiring growth until 2016.

Is Sri Lanka a viable alternative energy source?

Moreover, Sri Lanka has also identified the potential for wind, bioenergy, and solar as alternative energy sources in the past two decades. However, the current contribution from these three renewable sources in comparison to hydroelectricity remains significantly low.

How can Sri Lanka achieve net-zero?

Lack of research, institutional coordination, and funding hinders net-zero progression. Country's net-zero achievement requires policy to action transitions at a state level. Sri Lanka as a country has tremendous potential for harnessing energy from renewable sources such as solar, wind, and hydro.