Sri Lanka

China Suspends Sri Lankan Projects close to India Over ‘Security Concern’

China has suspended a project to install hybrid energy plants in three islands of Sri Lanka, citing “security concern” from a “third party”, amid reports of India raising concern over its location. In January, the Chinese firm, Sino Soar Hybrid Technology, was awarded the contract to install a hybrid renewable energy system in Delft, Nagadeepa […]

Read more

Solar Power As CSR Lights Up Temple In Sri Lanka Now

Sri Lanka, which otherwise has very good weather conditions for solar power generation, is finally changing, and changing fast. Close on the heels of the government making plans to ramp up renewable energy generation from solar and wind, comes this story of a firm using Solar energy as a CSR initiative at a temple. Rooftop […]

Read more

Sri Lanka To Increase Rooftop Solar Investments, Cease Fresh Coal Plants

After announcing its 2030 goals of achieving 70% electricity through renewables, Sri Lanka is now accelerating its investments in rooftop solar and planning to rule out new coal power investments.  Sri Lanka‘s renewable energy sources currently are primarily HydroPower, which accounts for 35% of its electricity from renewables in 2019. The country has total generation […]

Read more

Sri Lanka To Purchase 75% Equipment from India For India-funded Projects

Recently, we reported that India extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. Now, for those solar projects, Sri Lanka will purchase the equipment and materials from India itself. That USD 100 million LOC is a 15-year loan of a fixed rate of 1.75% and that […]

Read more

Sri Lanka’s WindForce Commences Trading on CSE above IPO Price

On Thursday, Colombo-headquartered independent power producer WindForce Limited, commenced trading on the Main Board of the Colombo Stock Exchange (CSE) above its price of LRK 16/share after raising an initial public offering (IPO) for wind power projects in Sri Lanka and Senegal, amounting to LRK 3.2 Billion- the largest at the CSE since 2011- which attracted […]

Read more

India Offers $100 Mn LOC to Sri Lanka for Three Solar Projects

India has offered a LOC worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India has offered a Line of Credit (LOC) worth USD 100 million to Sri Lanka for three solar projects in the country, according to an official statement. India’s high commissioner to Sri Lanka Gopal Baglay had called on […]

Read more

Tender for 150 MW Solar Projects Issued in Sri Lanka

CEB in Sri Lanka has issued an RfP for 150 MW solar PV power plants in 1-10 MW capacities on BOO basis under the Sooraya Bala Sangramaya Phase – III. The Ceylon Electricity Board (CEB) in Sri Lanka has issued a Request for Proposal (RfP) inviting bids from eligible firms for the establishment of 150 […]

Read more

Solar Water Solutions to Provide Off-Grid Desalination Solns in Indonasia, Sri Lanka

Solar water solutions, a Finnish company offering solar powered desalination plants, has partnered with World Vision International’s Asia P3 Hub, a collaborative joint venture to provide multi-sectoral solution to poverty. The two organisations will work together in tackling drinking water shortages in Indonesia and Sri Lanka. Harnessing the power of sun does not only provide […]

Read more

Delta India Organized Its 8th Industrial Automation Annual Channel Partner Meet 2018 at Singapore

Delta Electronics India organized its 8th Industrial Automation Channel Partner Meet in Singapore during 30th August – 2nd Sept 2018. This strategic annual meet between Industrial Automation Business Group of Delta India and its partners is aimed to appraise the channel partners about Delta’s latest product offerings and future prospects. Attended by a large gathering of channel […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll