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Country to generate 167,600 MW from renewable energy projects

Sri Lanka is looking to save 1,290 Gigawatts of electricity by implanting a series of new energy saving technology solutions by 2025, said Chairman, Sri Lanka Sustainable Energy Authority (SLSEA) Ranjith Sepala yesterday. He was making the keynote address at a conference hosted by AHK Trade Mission to Sri Lanka comprising eight German companies who have expressed strong interest in the Sri Lankan energy market.Sri Lanka annually spends around. ....

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SL stands very good chance of attracting investments for renewable energy projects: German Ambassador

by Sanath Nanayakkare
As the beginning of the end of fossil fuels has definitely started across the world and Sri Lanka has the renewable energy resource potential backed with the government’s policy framework to enhance the share of national grid renewables, the country stands a very good chance of attracting foreign investments and partnerships for renewable energy projects, the German Ambassador to Sri Lanka and the Maldives Holger Seubert said addressing a virtual meeting yesterday.
” Sri Lanka has an ambitious plan of 100% electricity generation through renewable energy by 2050 as an important signal for accelerated climate action and it has ideal conditions to achieve it. As Germany has already left its niche in Renewables, it can partner with Sri Lanka in this exercise on a long term fruitful cooperation,” the German Ambassador said. ....

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