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Green Energy Champion 2019

Winners showcase creative renewable solutions The Green Energy Champion (GEC) Sri Lanka competition, held for the third successive year, concluded recently recognising three winners from among the nine promising candidates that were shortlisted who showcased creative renewable...
Posted On 30 Oct 2019
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Brantel appointed Sri Lanka Distributor for world’s top solar panel maker JA Solar

Brantel Lanka Limited has announced the Company’s appointment as the authorised distributor in Sri Lanka for JA Solar of China, the leading solar cell producer in the world, further consolidating the Company’s contribution to the country’s sustainable energy sector. Brantel will...
Posted On 09 Oct 2019
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Emirates Flight Catering announces major investment in solar energy; cuts carbon emissions from electrical consumption by 15%

Emirates Flight Catering (EKFC), one of the world’s largest catering operations, has successfully commissioned a state-of-the-art solar power system across its premises, which is expected to deliver an annual reduction of 3 million kg of greenhouse gas emissions. This is part of...
Posted On 28 Sep 2019
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External factors impact LVL Energy Fund Profit in Q1 2019/20

Revealing its financial performance for the first three months of the 2019/20 financial year, during the period ended 30th June 2019, the LVL Group reported a drop in revenue to LKR 51 million from LKR 114 million achieved during the corresponding period in the previous year. The...
Posted On 07 Aug 2019
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Japan’s SBI Group invests $2 million in Sunshine Energy to further expand on renewable energy production

Diversified conglomerate Sunshine Holdings PLC (CSE: SUN) announced that SBI Ven Holdings (Pte) Limited, the overseas private equity firm of SBI Holdings Inc., has invested USD 2 million in Sunshine Energy (Pvt) Ltd (SEL) to propel Sunshine Holdings’ renewable energy production...
Posted On 30 Jul 2019
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The Next Step for Energy Consumers in Sri Lanka

–As energy sources and consumption increases, consumers are looking for more independence– Sri Lanka depends heavily on fossil fuels and hydropower for energy, with more than 90% of the country’s consumed electricity generated from these sources. Coal and Hydropower...
Posted On 14 Jul 2019
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LVL Energy Fund PLC records breakout financial performance for year ending 31st March 2019

Caps off a successful year with a whopping 30% increase in profit Leading energy company and subsidiary of Lanka Ventures, the LVL Energy Fund PLC, surpassed its outstanding financial performance in the previous year, by posting Profit after interest and tax of Rs. 571 million in...
Posted On 06 Jun 2019
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Fairway Recommences Karadiyana Waste Management Project.

The Karadiyana Waste Management Project was held up for nearly a year due to delays in signing the Standardized Power Purchase Agreement (SPPA). With the signing of the SPPA, Fairway Waste Management has moved expeditiously to recommence construction given the criticality of the...
Posted On 04 Jun 2019
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JLankainternational & Bahrain Polytechnic sign a collaboration MOU

The MOU outlines efforts on knowledge transfer, education,public awareness, research & development and exchange programs on renewable energy & technology.   Manama – Bahrain, XX April2019Bahrain’s leading educational institute Bahrain polytechnic has signed an MOU...
Posted On 04 Jun 2019
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STI hosts Qingdao Huijintong Power Equipment Co Ltd. in support of Electricity Reliability Improvement Project, Sri Lanka

Bolstering progress and initiating innovation with the Ceylon Electricity Board    St. Theresa Industries (STI) Holdings, the leading manufacturer of steel fabrication and accessories used for power generation, transmission and distribution in Sri Lanka, announced its new...
Posted On 31 May 2019
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The Hirdaramani Group achieves yet another milestone in sustainability by quantifying the Group’s GHG emissions from energy to a “Net-Zero Status”.

The Hirdaramani Group announced that greenhouse gas (GHG) emissions from energy use of its Sri Lankan apparel vertical has reached a net-zero status. This quantification using ISO 14064 standards was externally validated; considering overall emission reductions stemming from...
Posted On 11 May 2019
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Time yet to become a Green Energy Champion Deadline Extended to May 15th

The Green Energy Champion competition, jointly launched by the German Federal Office with the Ministry of Power, Energy and Business Development of Sri Lanka, and the project implementing partners, GIZ and the Sri Lanka Sustainable Energy Authority has extended the deadline for...
Posted On 11 May 2019