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Ceylinco Life invests in large solar power installations in Anuradhapura & Jaffna

Ceylinco Life has commissioned two large solar panel installations in Anuradhapura and Jaffna which are believed to be the largest in those cities, with a cumulative capacity to generate 120 MWh per year and further reduce the Company’s carbon footprint by 42.6 tons. The Company...
Posted On 05 Sep 2020
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SIEMENS – DIMO Consortium continues to enhance National Power Supply with CEB

One of the largest growth financings raised in Europe in 2020[1]   COLOMBO, SRI LANKA: HMD Global, the home of Nokia phones, announces it has successfully closed 230 million USD in the first closing of its current funding round from some of its top global strategic partners. As...
Posted On 13 Aug 2020
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Hayleys Fentons secures EPC to install 4MW rooftop solar project at Hayleys Fabric in partnership with Hayleys Power

Leading Sri Lankan integrated solutions specialists, Hayleys Fentons announced its partnership with sister companies Hayleys Fabric and Hayleys Power to convert the rooftop of one of its primary manufacturing facilities into one of the largest private sector renewable energy...
Posted On 12 Mar 2020
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CHINT Sri Lanka Celebrates the 10th anniversary and Plans to Empower Sri Lanka through Smart Energy

CHINT Sri Lanka is celebrating 10 years of operations in the country and marked the occasion with a special ceremony that was held recently at the Cinnamon Grand Colombo. The event, organized by CHINT Electric Solution Private Limited and CHINT Energy Co Ltd. the distributor of...
Posted On 21 Dec 2019
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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 17 Nov 2019
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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