Energy

Grid interconnection of first two 1 MWp solar photovoltaic power plants today

Views - 141 Thursday, 14 March 2019 02:21

The grid interconnection of first, two 1 MWp Solar Photovoltaic power plants developed under “Suryabala Sangramaya Phase II” by Power, Energy and Business Development Minister Ravi Karunanayake will take place today at Mamaduwa, Vavuniya. As an i


Cabinet approves 28 1 MW solar power projects

Views - 445 Thursday, 14 March 2019 00:22

The Cabinet this week approved a proposal to award 28 projects of 1 MW under the second phase of the Suryabala Sangramaya Program spread across the country, the Information Department said. The proposal presented by the Power, Energy and Business Dev


UAE Minister of Energy and Industry wins ‘International Oil Diplomacy Person of the Year 2018’

Views - 17 Tuesday, 5 March 2019 00:00

The UAE Minister of Energy and Industry Suhail Al Mazrouei was presented with the ‘International Oil Diplomacy Person of the Year 2018’ Award in London recently at the Energy Institute’s International Petroleum (IP) Week. This prestigious accol


Oil rises on US-China trade deal hopes, OPEC’s ongoing supply cuts

Views - 10 Tuesday, 5 March 2019 00:00

SINGAPORE (Reuters): Oil prices rose on Monday, buoyed by output cuts by producer club OPEC and reports that the United States and China are close to a deal to end a bitter tariff row that has slowed global economic growth. International Brent futur


Sunshine Holdings’ quest towards green energy production gathers momentum

Views - 26 Tuesday, 5 March 2019 00:00

Further expanding on sustainable and greener energy opportunities, Sunshine Energy Ltd. (SEL), a fully owned subsidiary of Sunshine Holdings PLC, installed their first roof-top solar PV system in Kelaniya. With a capacity of 0.5MW (500kW), the solar


Singapore’s Aryans CGS and UK-based Atkins sign consultancy deal with SLSEA

Views - 38 Tuesday, 5 March 2019 00:00

The Ceylon Electricity Board (CEB), Lanka Electricity Company Ltd. (LECO), Sri Lanka Sustainable Energy Authority (SLSEA) and the National Water Supply and Drainage Board (NWSDB) are collaboratively implementing the ‘Supporting Electricity Supply R


A country like no other, on its way to self-annihilation

Views - 36 Tuesday, 5 March 2019 00:00

By S.P. Upali S. Wickramasinghe The Minister of Finance had requested for proposals to be included in the proposed National Budget 2019. This practice had been going on since about the year 1995, the year that former President Chandrika Kumaratunga b


Vidullanka gains big on overseas investments

Views - 43 Thursday, 21 February 2019 01:51

The reported Q3 interim financial report of Vidullanka PLC indicates a Rs. 123 million translation gain arising from the exchange rate movements and the overseas power generation segment reporting a further Profit after Tax of Rs. 155 million year to


LTL Unions cries foul over Power Ministry decision

Views - 32 Thursday, 21 February 2019 01:51

Raising concerns over the basis of awarding the Build, Operate, and Transfer tender to set up a second 300MW LNG power plant to Lakdanavi Ltd., the LTL Staff Union yesterday feared its fully-owned subsidiary may face bankability issues as a result.


Dialog and LECO to launch Sri Lanka’s first IoT based smart-grid solution

Views - 102 Thursday, 14 February 2019 02:03

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, Lanka Electricity Company (LECO) and the Ministry of Power and Renewable Energy announced the deployment of an innovative Internet of Things (IoT) enabled smart-grid solutionto introduce


OPEC oil production falls as S. Arabia slashes output

Views - 14 Thursday, 14 February 2019 02:02

PARIS, (AFP): Global oil cartel OPEC said Tuesday it sharply reduced crude oil production last month, after heavyweight Saudi Arabia slashed output and exports fell in crisis-hit Venezuela. In its monthly report, OPEC said it produced 797,000 fewer


Ambassador Thassim holds discussions with CEO of Saudi ARAMCO

Views - 21 Thursday, 14 February 2019 02:00

Sri Lanka’s Ambassador to Saudi Arabia Azmi Thassim met with Amin H. Nasser, the President and CEO of Saudi oil company ARAMCO, on 5 February in their headquarters. ARAMCO is the world’s largest oil company by revenue and manages Saudi Arabia’


Sri Lankan - based solar power company with facilitation of Embassy in Bahrain, invests $ 10 m

Views - 81 Wednesday, 30 January 2019 00:29

Sri Lankan based JLanka International, a leading solar and renewal energy technology solutions provider in South Asia, has been chosen by the Government of the Kingdom of Bahrain to commission the Sustainable Energy Unit (SEU) under the stewardship a


Coal exit positive signal, German power prices need not surge – Minister

Views - 34 Wednesday, 30 January 2019 00:28

BERLIN (Reuters): German Environment Minister Svenja Schulze said exiting coal as an energy source would send a positive signal internationally, and need not necessarily drive German energy prices higher.


McPeak Lanka and iHandal Energy Solutions target greener future

Views - 64 Wednesday, 30 January 2019 00:15

With the world actively taking measures to ensure a sustainable future, it’s no longer about just achieving your company’s bottom line. Today, it’s about the growth of your company, the development of your community and the hope for a sustainab


Germany to phase out coal by 2038 in move away from fossil fuels

Views - 36 Wednesday, 30 January 2019 00:03

Germany should shut down all of its coal-fired power plants by 2038 at the latest, a government-appointed commission said on Saturday, proposing at least 40 billion euros ($45.7 billion) in aid to regions affected by the phase-out.


Bangladesh scraps 15-year LNG supply deal with Swiss trader

Views - 52 Wednesday, 30 January 2019 00:00

Bangladesh has scrapped a liquefied natural gas (LNG) supply deal with Swiss energy trader AOT Energy, which had been close to being finalised, an official said on Friday.


LAUGFS Southern Petroleum receives Silver Certification under GREEN SL Rating System

Views - 56 Tuesday, 8 January 2019 00:00

Sri Lanka’s first solar-powered fuel station in Pepiliyana by LAUGFS Southern Petroleum was recently awarded a Silver Rating Certification under the GREEN SL Rating System for Built Environment at the Annual Green Building Awards 2018. The awards


Asian LNG prices slip but deliveries for December at record high

Views - 43 Tuesday, 8 January 2019 00:00

SINGAPORE (Reuters): Asian spot prices for liquefied natural gas (LNG) slipped last week amid thin trade, though monthly deliveries into Northeast Asia climbed to a record in December as colder-than-normal temperatures are expected this week. Spot pr


Bank of Ceylon becomes the first ever state institution to provide 1 Mega Watt to the national grid

Views - 85 Tuesday, 8 January 2019 00:00

Reiterating their commitment towards the nation, the Bank of Ceylon now contributes 1MWT Solar Photovoltaic energy to the national grid. This is probably the first time a state institution has gone beyond its core business to generate value of this s


New oil, gas projects to accelerate next year: Report

Views - 54 Monday, 31 December 2018 01:30

LONDON, (REUTERS): The number of new oil and gas projects will rise five-fold next year from a 2015 trough but overall spending is still unlikely to be enough to meet future demand, consultancy Wood Mackenzie said in a report. Shaken by a sharp drop


Resus Energy to merge with three subsidiaries to boost shareholder returns

Views - 51 Monday, 31 December 2018 01:29

Resus Energy Plc, a renewable energy investment and development company, has decided to amalgamate itself with three wholly-owned subsidiaries effective 28 February 2019 to boost shareholder returns. The three subsidiaries are Giddawa Hydro Power Lt


Fossil fuel tax proposed to cover rising costs of wild weather

Views - 54 Tuesday, 11 December 2018 00:06

KATOWICE, Poland, (Thomson Reuters Foundation): Taxing the extraction of fossil fuels could help pay for the growing costs of damage from harsher storms, wildfires, floods and rising seas, while providing a stronger incentive to wean the world off ca


Global carbon emissions set to rise further this year: Study

Views - 51 Tuesday, 11 December 2018 00:06

(Reuters): Global carbon dioxide emissions are set to rise nearly 3% this year due to continued fossil fuel use, scientists said, dashing hopes that an increase in 2017 was temporary after two years of slowdown.


Investors managing $32 trillion in assets call for action on climate change

Views - 51 Tuesday, 11 December 2018 00:05

LONDON-REUTERS: Global investors managing $32 trillion in assets have called on governments to accelerate steps to combat climate change, as policymakers meet for talks at a United Nations conference in Poland.


Waste heat to power market to reach $30bn by 2024

Views - 58 Tuesday, 11 December 2018 00:05

The waste heat to power market is expected to reach $30 billion by 2024, according to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc. Growing measures to reduce the energy bills by residual heat


Public lecture on ‘Future Trends in Wastewater Treatment and Reuse’

Views - 64 Tuesday, 11 December 2018 00:04

The Building Services Engineering Sectional Committee of the Institution of Engineers, Sri Lanka has organised a public lecture on ‘Future Trends in Wastewater Treatment and Reuse’ to address this current and significant issue. Specialist in was


Australia grabs world’s biggest LNG exporter crown from Qatar in Nov

Views - 64 Tuesday, 11 December 2018 00:04

SINGAPORE (Reuters): Australia overtook Qatar as the world’s largest exporter of liquefied natural gas (LNG) for the first time in November, data from Refinitiv Eikon showed on Monday.


Brantel partners with German solar giant SMA to supply energy solutions in Sri Lanka

Views - 75 Friday, 7 December 2018 12:00

Brantel Lanka Ltd. has announced its appointment as an authorised distributor in Sri Lanka for SMA Solar Technology AG of Germany, one of the world’s leading manufacturers of solar power inverters, strengthening the company’s status as a provider


GRI GOES GREEN BY INSTALLING A 1.2MW SOLAR POWER SYSTEM

Views - 118 Friday, 7 December 2018 00:00

GRI, a leading producer of specialty tyres in Sri Lanka, reinforced its commitment to sustainability and environmental protection by installing one of the largest rooftop solar systems in the country. With a capacity of 1,200kW (1.2MW), the solar pan


Today's Columnists

M.N. Nambiar: Birth centenary of Tamil cinema’s greatest screen villain

Saturday, 23 March 2019

Thursday 7 March this year was the birth centenary of Indian film actor Manjeri Narayanan Nambiar known to the world at large as M.N. Nambiar. The great Thespian who made a name for himself by acting in negative roles was hailed by many as the greate


An innocent utopian dream

Saturday, 23 March 2019

In an article published in the Daily FT on 19 February 2015, I predicted the trajectory of the ‘Yahapalana’ Government. In that piece of conjecture captioned ‘Maithri’s Mandate and Ranil’s Royalist Regency’ I said that Sri Lanka was witne


Historic betrayal of SLMC and ACMC

Saturday, 23 March 2019

It appears, according to a news report that the leaders of SLMC, ACMC and DPF during a meeting with President Sirisena to discuss constitutional reforms have “reneged on their promise to back the ongoing efforts to abolish the executive presidency


Playing with history

Friday, 22 March 2019

First of all, I was delighted to note a counter criticism ‘A reply to Victor Ivan’s ‘What went wrong with Sri Lanka?’ published in the Financial Times on 11 March in response to my article which appeared in the same newspaper on 22 February.


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