Finance

ADB and Sri Lanka Secure $100 Million Loan for Power Sector Reforms

On Monday, the Asian Development Bank (ADB) and the Government of Sri Lanka signed a $100 million loan agreement for Subprogram 1 of.

  • August 7, 2024
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Economics

Rooftop Solar Tariffs Unchanged Amid New Renewable Energy Rate Revisions

The Public Utilities Commission of Sri Lanka (PUCSL) has decided to keep the payments for rooftop solar power plants unchanged, despite recent revisions.

  • August 6, 2024
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Business

Sri Lanka Set to Lead Asia’s $5 Trillion Green Market,

Says Dilmah Chairman Sri Lanka is uniquely positioned to capitalize on Asia’s burgeoning $5 trillion green market, according to Dilmah Tea Chairman Dilhan.

  • July 29, 2024
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Economics

Sri Lanka Sets New Rooftop Solar Rate at 27 Rupees Per Unit

Sri Lanka will set the rate for rooftop solar electricity at 27 rupees per unit starting July 2024, as announced by Power Minister.

  • July 23, 2024
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Economics

WindForce and Vidullanka Invest Rs. 370 Million More into Solar Energy

WindForce PLC and Vidullanka PLC have entered into a definitive share sale and purchase agreement with Hi-Energy Services Ltd. on 11th July to.

  • July 15, 2024
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Industry Analysis

Sri Lanka Launches GTEX2 with Swiss SECO to Boost Apparel Industry

The Export Development Board (EDB) has formed a strategic partnership with Switzerland’s State Secretariat for Economic Affairs (SECO) to implement the second phase.

  • July 4, 2024
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Economics

Revised Rate for Rooftop Solar Panels and Renewable Energy

Power and Energy Minister Kanchana Wijesekera announced a revised payment system for rooftop solar panels and other renewable energy projects, effective from July.

  • July 4, 2024
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Economics

Sri Lanka to Revise High Renewable Feed-In Tariffs After Competitive Tenders

Sri Lanka will reduce the high feed-in tariffs offered to renewable energy developers following low prices from a 50 MW tender for a.

  • June 28, 2024
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Industry Analysis Tech Tech Industry Technological Advancements

Sri Lanka Boosts Renewable Energy with Solar and Wind Power Projects

Sri Lanka is making significant strides towards increasing its renewable energy capacity with the announcement of two major projects. Power and Energy Minister.

  • March 15, 2024
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