The HNB solar loan partnership is set to accelerate Sri Lanka’s shift toward clean energy by making solar power more accessible to households and small businesses. Through this collaboration, customers can obtain affordable financing for solar systems while contributing to long-term sustainability. This initiative aligns with the nation’s growing focus on renewable energy development.
HNB solar loan partnership expands financing for Sri Lanka’s renewable energy adoption
The HNB solar loan partnership marks a significant step in supporting Sri Lanka’s transition toward renewable energy. HNB PLC, one of the country’s most established financial institutions, has entered into a strategic collaboration with Damro, a trusted solar solutions provider, to introduce affordable financing options for individuals and SMEs seeking to adopt solar power. Under the newly signed MoU, HNB will offer loan facilities that cover between 80% and 100% of the total equipment cost, easing the financial burden on customers looking to invest in sustainable energy systems. This structure allows households and small businesses to access modern solar solutions with minimal upfront expenditure, enhancing long-term energy savings and resilience.
HNB’s Head of Retail Banking and Senior Vice President, Kanchana Karunagama, emphasized that the HNB solar loan partnership reflects the bank’s dedication to environmental responsibility and financial empowerment. He noted that enabling more Sri Lankans to embrace solar power supports both immediate cost reductions and broader sustainability goals. The initiative demonstrates HNB’s continued role as a facilitator of green technology adoption across the country.
As part of their agreement, Damro will promote HNB’s financing packages across its physical stores and digital platforms, ensuring customers receive clear guidance throughout the solar investment process. This joint effort contributes to the United Nations Sustainable Development Goals, particularly Affordable and Clean Energy (Goal 7) and Climate Action (Goal 13). The HNB solar loan partnership not only encourages renewable energy usage but also strengthens Sri Lanka’s commitment to environmentally responsible economic growth.
Customers seeking more information on daily loan rates, updated eligibility criteria, or applicable financing values for the HNB solar loan partnership can visit any HNB branch or contact Damro directly. Daily updates, including specific rates, facility amounts, and promotional periods, may be added using placeholders such as [insert date], [insert loan rate], or [insert loan amount] for seamless future revisions.