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Renewable Energy Ambitions
Key energy sector targets for Sri Lanka's future.
Primary Sources
Sri Lanka Seeks Expressions of Interest to Initiate Green Hydrogen and ...
Sri Lanka’s Ministry of Energy, along with the Board of Investment (BoI), has initiated a Request for Information (RFI) aimed at fostering the development of Green Hydrogen and Green Ammonia initiatives within the nation. The BoI announced that the country has already pinpointed its potential for offshore wind and solar energy. The National Hydrogen Roadmap (2023) positions Sri Lanka as a prospective regional center for the production and export of green hydrogen and ammonia. The RFI seeks submissions from both local and international stakeholders, including investors, developers, and operators, who are interested in presenting their project ideas related to the manufacturing of Green Hydrogen and Ammonia, as well as the establishment of export terminals, storage solutions, and component manufacturing facilities. Sri Lanka is taking significant steps towards a sustainable energy future, with a vision to produce 70% of its electricity from renewable sources by 2030 and to achieve carbon neutrality in its power sector by 2050. Additionally, the country aims to generate $1 billion in annual revenue from green energy exports by the year 2030. The deadline for submitting RFI responses is set for June 5, 2026, at 1500 hours local time.
Sri Lanka calls for RFIs to launch Green Hydrogen projects
Sri Lanka calls for RFIs to launch Green Hydrogen and Green Ammonia projects, signaling a strategic push to position the island as a regional hub for next-generation clean energy production and exports. Sri Lanka calls for RFIs to accelerate Green Hydrogen and ammonia investments The initiative, jointly announced by the Ministry of Energy and the Board of Investment (BoI), invites both local and international stakeholders to submit proposals for large-scale green energy developments. These include manufacturing facilities, export terminals, storage infrastructure, and component production linked to the emerging hydrogen economy. According to the BoI, the request for information (RFI) process is aligned with Sri Lanka’s National Hydrogen Roadmap (2023), which outlines a long-term vision to leverage the country’s renewable energy resources. With identified offshore wind and solar potential, Sri Lanka aims to establish itself as a competitive player in the global green fuel market, particularly in Green Hydrogen and Green Ammonia production. “This RFI invites qualified local and international investors, developers, and operators to submit project concepts for Green Hydrogen/Ammonia manufacturing, export terminals, storage facilities, and component manufacturing,” the BoI said in its statement. The move reflects a broader effort to attract foreign direct investment into the energy sector while supporting the country’s transition to sustainable energy systems. Sri Lanka’s energy policy targets remain ambitious. Authorities aim to generate 70 percent of electricity from renewable sources by 2030, while achieving full carbon neutrality in power generation by 2050. The development of Green Hydrogen and Green Ammonia projects is expected to play a central role in meeting these goals, particularly by enabling energy storage, grid stability, and export diversification. In addition to domestic energy transformation, the government has outlined plans to generate up to one billion US dollars annually from green energy exports by 2030. Industry analysts note that global demand for low-carbon fuels is rising rapidly, particularly in sectors such as shipping, heavy industry, and power generation, creating new opportunities for emerging producers. Sri Lanka calls for RFIs at a time when countries across Asia and beyond are accelerating investments in hydrogen technologies. The island’s geographic location, coupled with access to maritime routes, enhances its potentia...
EU-funded Green Recovery Facility drives recognition for Sri Lanka's ...
Sri Lanka's sustainable finance sector has gained regional recognition at the Environmental Finance Sustainable Debt Awards 2026. This progress has been driven in part by the European Union (EU)-funded Green Recovery Facility, implemented by Expertise France. ..
World Bank Group to support Sri Lanka's Clean Energy Transition
By using the full breadth of the World Bank Group's tools - financing, knowledge, and private sector partnerships - the World Bank Group is helping Sri Lanka expand energy access, attract private investment, and lay the foundation to power Sri Lanka's long-term economic growth. You can share this post!
