Energy

HNB partners Aitken Spence as lead banker to Rs. 9 b first waste-to-energy plant

/ Tuesday, 15 August 2017 00:12

 HNB announced a timely partnership with Aitken Spence PLC to serve as lead arranger to a syndicated loan facility for the construction of a r...


IEA says strong oil demand growth helping market rebalance

/ Tuesday, 15 August 2017 00:11

London (Reuters): World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North Ameri...


Sri Lanka’s energy security pioneering towards solar energy

/ Tuesday, 15 August 2017 00:10

By Dinuka Jayasinghe During the pre-modern era, Sri Lankan energy requirements for heating, lighting and drying relied on plant-based flamm...


AFD’s Proparco grants ¤ 20 m loan to DFCC Bank

/ Tuesday, 15 August 2017 00:08

To promote alternate energy projects and SME sector  Reaffirming its credentials as a preferred partner for international credi...


HNB’s Corporate Banking’s Project Finance Team arrange finances for Wind Force’s 10 MW Solar Power Project in Vavuniya

/ Thursday, 27 July 2017 01:09

  HNB Deputy General Manager, Corporate Banking Ruwan Manatunga and HNB Head of Project Financing Business Majella...


JLanka boosts Trina Solar ties to cater industrial energy sector

/ Thursday, 27 July 2017 01:08

World’s leading solar company Trina Solar’s Asia Pacific, Middle East and Africa (APAC-MEA) Regional Marketing Manager Grace G...


Clarion International launches ‘Solar Power Branches’ in key cities

/ Wednesday, 19 July 2017 00:00

  Plans to further expand network across Sri Lanka in coming months  Clarion International Ltd. (www.clarionsrila...


IEA raises forecast for global oil demand this year

/ Wednesday, 19 July 2017 00:00

AFP: Global demand for oil will be slightly higher than expected this year, driven by increased consumption in India, the US and Germany, the Inter...


Electricity investment overtakes oil, gas for first time ever in 2016: IEA

/ Wednesday, 19 July 2017 00:00

PARIS (Reuters): Investments in electricity surpassed those in oil and gas for the first time ever in 2016 on a spending splurge on renewable energ...


China backs hundreds of global coal power projects: German report

/ Wednesday, 19 July 2017 00:00

AFP: Chinese companies are planning or constructing hundreds of coal-fired power projects around the world, data show, even as Beijing talks up its...


Environmental Foundation, Wildlife & Nature Protection Society respond to Small Hydropower Association

/ Friday, 16 June 2017 00:00

The Environmental Foundation and Wildlife and Nature Protection Society said that the Small Hydropower Association had “attempted to falsify ...


Advantis Projects bridges logistics gap for Sri Lanka’s energy growth

/ Friday, 16 June 2017 00:00

As a nation focused on development and in the midst of transitioning from a lower middle income country to an upper middle income country it is no ...


Here comes the sun: Investors increasingly hot on solar projects in S.E. Asia

/ Friday, 16 June 2017 00:00

Reuters: Investors are increasingly excited about the prospects for much faster growth in the solar power industry in Southeast Asia, which has unt...


Small hydropower industry debunks negative theories

/ Tuesday, 30 May 2017 00:01

Deforestation and impact on aquatic life negligible  Compliance among industry uncompromising ...


Sri Lanka plans to add 8361MW to national grid in 20 years require $ 14.5 b investment

/ Thursday, 18 May 2017 00:10

Sri Lanka requires over $ 14.5 billion to implement the least cost long term power generation plan for the next 20 years, the electricity sector re...


Govt. to provide 1 m LED bulbs to low income consumers to reduce power consumption

/ Thursday, 18 May 2017 00:00

  The Government has received the cabinet approval to launch a program to provide LED light bulbs to low income consumers, wh...


Global oil discoveries fell to historic lows in 2016

/ Thursday, 18 May 2017 00:00

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the low...


Global power investment to top $ 443 b in 2017

/ Thursday, 18 May 2017 00:00

Continued regulatory support for renewable energy in key markets will see global power investment reach $ 443.5 billion in 2017, a report said. I...


Coal market oversupply risks grow as producers boost output

/ Thursday, 18 May 2017 00:00

NUSA DUA, Indonesia (Reuters): There is an increasing risk of oversupply in the global coal market as producers respond to higher prices, though po...


President opens Tokyo Cement’s second Biomass Power Plant in Trincomalee

/ Wednesday, 17 May 2017 00:00

  Initiative marks commemoration of Company founder Late Deshamanya A.Y.S. Gnanam President Maithripala Siris...


Today's Columnists

Sri Lanka must move from politics to business

17 August 2017

Last week, the Yahapalana Government, which came on the promise of good governance and weeding out corruption, had its first blow, when a senior minister and deputy leader of the party had to resign over allegations of corruption. Whilst the sha...


Failures in education drag the country down

17 August 2017

When the country received independence in 1948, the administration and education was of extremely high standard. In 1956, the S.W.R.D. Bandaranaike Government made Sinhala the Official Language and converted education to Swabasha, includi...


Three things to ponder on the 150th Anniversary of the World’s Finest Tea

16 August 2017

The Colombo International Tea Convention 2017 concluded on Friday, elegantly supported by our most accomplished cricketer and commended by several of the international delegates as the most significant gathering of the global tea industry. For ma...


Ravi K’s altruistic suicide!

15 August 2017

Ravi Karunanayake sacrificed his pride and position by tendering his resignation to save the Maithri-Ranil Government cabal. He could have faced and defeated the no confidence motion against him if Maithri (who owes his presidency to Ravi) and Ran...


Columnists More