The Ministry of Energy is set to build a new battery storage project in Hambantota to effectively manage solar power. The initiative aims to store electricity generated during the day and release it to the national grid from 6 pm to 10 pm, which is the period of peak demand.
The project, which will have a capacity of 5 MW and 10.7 MWh, is being funded by a US$11.9 million loan from the Republic of Korea. This system is designed to provide significant economic benefits by using low-cost daytime solar power to meet high-demand evening electricity needs.
Furthermore, this storage system will help stabilise the power grid and address instability issues that can arise from a high supply of solar power during periods of low demand. This project is a key part of the Energy Ministry's strategy to maximise the use of solar energy and is expected to be completed by the end of this year.
The project, which will have a capacity of 5 MW and 10.7 MWh, is being funded by a US$11.9 million loan from the Republic of Korea. This system is designed to provide significant economic benefits by using low-cost daytime solar power to meet high-demand evening electricity needs.
Furthermore, this storage system will help stabilise the power grid and address instability issues that can arise from a high supply of solar power during periods of low demand. This project is a key part of the Energy Ministry's strategy to maximise the use of solar energy and is expected to be completed by the end of this year.
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