Energy

Kelani Cables clinches Gold at Presidential Environmental Awards 2016

Views - 434 Tuesday, 22 November 2016 00:05

Kelani Cables PLC was conferred with a Gold award for Best Green Report in Tier 2 category at the Presidential Environmental Awards 2016. The company also clinched Bronze award in the Metal and Mineral Processing Industry category.  The awa


Talawakelle Tea Estates honoured at Presidential Environmental Awards

Views - 391 Tuesday, 22 November 2016 00:04

Hayleys PLC owned Talawakelle Tea Estates emerged winners claiming two National Green Awards at the Presidential Environmental Awards ceremony held recently at the BMICH under the patronage of President Maithripala Sirisena.  In an announce


Smart Switch appoints OHME as Brand Ambassador

Views - 433 Tuesday, 22 November 2016 00:03

Global Resources International Ltd. (GRIP), the manufacturers of ‘Smart Switch,’ a remote-controlled bulb and a remote-controlled bulb holder, signed up the fresh new music band OHME as its Brand Ambassador. GRIP was established in 2


Sri Lanka eyes Qatar LNG for power plants

Views - 769 Tuesday, 22 November 2016 00:02

Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of plans to shift to clean energy, a top Government official said. “In our energy sector, LNG-generated power plants are going to be the next futuristic power ge


SLYCAN Trust says Sri Lanka prepared to welcome Paris Climate Agreement

Views - 436 Tuesday, 22 November 2016 00:01

The Paris Agreement on climate change came into force on 4 November. Following the decision for the adoption of the Agreement taken at the 21st session of the Conference of Parties (COP21) by the United Nations Framework Convention on Climate Chan


CAT unveils high-tech solar solutions in Sri Lanka

Views - 1644 Monday, 10 October 2016 00:01

By Devin Jayasundera In light of the Government aggressively promoting solar energy in the country, Caterpillar Inc. (CAT), in partnership with local distributor UTE, unveiled its new state-of-the-art solar panels to the Sri Lankan market. 


LNG prices rise to highest in nine months on firm Asian demand

Views - 556 Monday, 10 October 2016 00:01

SINGAPORE (Reuters): Asian liquefied natural gas (LNG) gas prices reached a nine-month high this week as demand from India, Japan and South Korea underpinned sentiment. LNG for November delivery were about $6.20 per million British thermal units


Aussie wave energy developer Carnegie expands renewables in SL with Lanka Energy Conservation

Views - 707 Tuesday, 4 October 2016 00:01

Leading wave energy developer, Carnegie Wave Energy Ltd., is expanding its commercial wave and microgrid projects into Sri Lanka through the signing of a Memorandum of Understanding (MOU) in Colombo today, with the Lanka Energy Conservation Ltd.


Solar energy pioneers Admo Solar takes a major step forward

Views - 609 Friday, 30 September 2016 00:01

With the growth of solar power generation in the country and in keeping with the Government’s vision of generating 200 MW of electricity and powering one million houses through the latest Solar Net Accounting System, Admo Solar recorded a mi


M&S Enterprises powers Musaeus College with a 261kW solar PV system

Views - 1131 Friday, 30 September 2016 00:01

M&S Enterprises with its peerless technology and customer service reliability has established itself as the leading commercial solar solution provider in Sri Lanka now having installed over 500kW of commercial solar installations and


Jinasena launches solar solutions for domestic and industrial markets

Views - 972 Friday, 30 September 2016 00:01

Jinasena Ltd., one of the leading water management systems and solutions providers in Sri Lanka, has expanded business operations in Sri Lanka by venturing into domestic and industrial solar solutions under its ‘Renewable Energy Se


How to improve energy efficiency of buildings and industrial facilities

Views - 491 Friday, 30 September 2016 00:01

A public lecture titled ‘A Systematic Approach for Improving Energy Efficiency of Buildings and Industrial Facilities’ organised by The Institute of Engineers Sri Lanka (IESL) was held recently at the IESL auditorium in Colombo. 


Oil takes breather from losses but oversupply concerns remain

Views - 682 Wednesday, 3 August 2016 00:00

Reuters: Oil edged higher on Tuesday after falling by up to 10% in just one week, but investors remained concerned about oversupply weighing on prices. Global benchmark Brent crude was trading up 49 cents at $42.63 a barrel at 1031 GMT.


Govt. to revamp, double refinery capacity - Chandima

Views - 737 Wednesday, 3 August 2016 00:00

 Reuters: Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to reduce the cost of importing refined fuels, the country’s Petroleum Resources Minister Chandima Weerakkody said on Monday. The


Oil traders lose millions as LPG glut shocks market

Views - 732 Tuesday, 26 July 2016 00:06

Reuters: Traders in the liquefied petroleum gas (LPG) market face a “career-ruining” glut that has led to millions of dollars in losses as Chinese buyers, far from coming to the rescue, are in a stand-off with oil companies to cancel d


The oil industry is losing the burn of Asian demand

Views - 710 Tuesday, 26 July 2016 00:03

Asia’s stalling economic growth feeding into lower oil demand Asian tanker crude imports have fallen for 4 straight months Demand stalling in many mature and leading emerging markets Analysts think China’


Coal prices bounce back this year, but not for good

Views - 768 Tuesday, 26 July 2016 00:02

Thermal coal prices on the up after years of decline Rally seen lasting into next year Overall global demand still falling LONDON (Reuters): A rally in thermal coal prices over the past few months, after years of d


New Philippine energy minister says cannot afford to ditch coal

Views - 867 Tuesday, 26 July 2016 00:01

MANILA  (Reuters): The Philippines will retain coal as a core part of its electricity generation mix due to its dependability, though it will seek to boost the use of cleaner fuels and renewable energy, the country’s energy minister sai


Global Resources introduces Sri Lanka’s first-ever remote controlled LED Bulb

Views - 1201 Tuesday, 28 June 2016 00:03

A creative innovation made in Sri Lanka Global Resources International Ltd. clinches a Sri Lankan first with the introduction of Sri Lanka’s first ever Smart Switch LED Bulb, a modern electronic accessory that offers consumers t


Dutch inventor aims to harness the waves to clean up the seas

Views - 709 Tuesday, 28 June 2016 00:02

AFP: The Dutch inventor of a ground-breaking project to remove millions of tonnes of plastics floating in ‘great garbage patches’ in the oceans Wednesday unveiled his first prototype to help clean up the seas. Boyan Slat’s inno


Oil prices fall as Brexit lingers, refined products glut looms

Views - 673 Tuesday, 28 June 2016 00:01

Reuters: Oil prices dropped on Monday, extending sharp declines after Britain’s vote to leave the European Union sparked a sharp selloff in global markets on Friday. Global financial markets plunged on Friday as results from a referendum d


ADMO Solar’s vision to deliver flexible power solutions catering to cross sector needs

Views - 892 Wednesday, 15 June 2016 00:00

  ADMO Solar, the renewable energy division of Vinseth Engineering commenced business in 2006 providing a wide spectrum of solar energy products specialising in supplying and installing of solar energy systems which


Renewable energy to attract two-thirds of power plant investments

Views - 946 Wednesday, 15 June 2016 00:00

  Reuters: Renewable energy sources such as wind and solar will attract two-thirds of all investment in power-generating plants between 2016 and 2040 in spite of persistently cheap coal and gas prices, a new report has found.


CHINT Power Projects establishes global presence among stakeholders

Views - 855 Wednesday, 15 June 2016 00:00

  CHINT Power Projects Ltd, the Sole Agents in Sri Lanka for world renowned “CHINT” brand electrical items was successful in establishing its global presence to a well attended gathering of Electrical Consultants,


People’s Bank unleashes visionary solar power loan scheme to benefit environment

Views - 983 Wednesday, 15 June 2016 00:00

People’s Bank has launched a solar power loan scheme to promote the use of solar energy as part of its drive towards being a carbon conscious bank. Launched on World Environment Day which falls on 5 June, People’s Bank now offers the s


OPEC sees oil glut shrinking in second half of year

Views - 751 Wednesday, 15 June 2016 00:00

Reuters: OPEC forecast that the world oil market will be more balanced in the second half of 2016 as outages in Nigeria and Canada help to speed up the erosion of a supply glut. The Organization of the Petroleum Exporting Countries said its oil


IEA sees global oil market returning to surplus in early 2017

Views - 698 Wednesday, 15 June 2016 00:00

LONDON (Reuters): Oil supply and demand will balance in the second half of 2016 after a series of unplanned production outages, but the market is expected to tilt into surplus in the first half of next year, the International Energy Agency said on


SL energy supply inadequate, unstable

Views - 1123 Monday, 9 May 2016 00:00

From left: Environmental Sustainability Mas Intimates General Manager Dr. Vidhura Ralapanawa, Ministry of Power and Renewable Energy Secretary Dr. B. M. S. Batagoda, Sri Lanka Petroleum Resources Development Secretariat Director General Saliya Wic


Malaysian firm Hyrax Oil signs deal to build lubricant plant in SL

Views - 959 Monday, 9 May 2016 00:00

A Malaysian manufacturer of petroleum derivatives with a vast customer base worldwide will be investing $ 30 million to establish a lubricant manufacturing plant in Sri Lanka. Hyrax Oil, which produces lubricants for various applications includi


Schneider Electric shares knowledge on modern ‘smart distribution networks’ with CEB

Views - 826 Wednesday, 23 March 2016 00:00

Supporting the Ceylon Electricity Board (CEB) in its efforts to upgrade and modernise the country’s electricity distribution networks using latest technology, Schneider Electric, a global leader in energy management solutions, shared its ext


Today's Columnists

Is Iran a threat to global peace?

Saturday, 18 November 2017

The aim of this article is to explore Iran’s nuclear program and its consequences throughout the world. Iran one of the nuclear power countries in the Middle East, which has brought very grave concern to the US.


Maldives forcefully voices plight of small island states at climate change conference

Saturday, 18 November 2017

The plight of small island states was forcefully voiced by Maldivian Minister for Environment and Energy Thoriq Ibrahim at the 23rd Conference of Parties to the UN Convention on Climate Change (COP23) being held in Bonn, Germany.


The Blue Green Budget of the Unity Government

Friday, 17 November 2017

The Budget proposals of the Unity Government under the theme ‘Blue Green Budget’ for the fiscal year 2018 are expected to support the achievement of medium-term targets such as Per Capita Income of $ 5,000


Starship budgets and the “Bicycle Brigade”

Friday, 17 November 2017

One has only to read the wide and varied responses to Budget 2018 (B18) to realise how fissured our society is.


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