Rooftop Solar Photovoltaic-based Clean Development Mechanism for Sri Lanka

Solar energy is the most abundant energy source in the world. It can play a vital role in meeting our energy needs. Sri Lanka being a country that is located near the equator has a Global Horizontal Irradiance (GHI) of 1,247 kWh/m² to 2106 kWh/m² reates an excellent photovoltaic power potential. Implementation of rooftop solar PV installation projects can contribute towards reducing the carbon footprint. CO₂ (e) emission savings could be traded according to the Kyoto GHG protocol bringing financial benefits to the country. This paper presents a Clean Development Mechanism (CDM) for Sri Lanka through a rooftop solar PV installation project in the Western Province. The results show that 68.83km² of an effective area for 14.92 GW of installed capacity generating 26.15 TWh annually. This could result in reducing around 20.4 MtCO₂e of carbon dioxide emissions, earning US$ 78 million of foreign currency per annum.