Energy

JLanka boosts renewable energy transformation with future proof solutions at Techno 2017

Views - 34 Wednesday, 1 November 2017 00:00

Keeping true to their promise of pioneering renewable energy trends in Sri Lanka, JLanka Technologies unveiled some eagerly anticipated products and technologies at Techno 2017. As Sri Lanka’s leading solar solutions


Carbon dioxide levels grew at record pace in 2016, UN says

Views - 19 Wednesday, 1 November 2017 00:00

GENEVA (Reuters): The amount of carbon dioxide in the earth’s atmosphere grew at record rate in 2016 to a level not seen for millions of years, potentially fuelling a 20-metre rise in sea levels and adding 3 degrees to


How modern biomass energy technologies can boost business

Views - 106 Thursday, 7 September 2017 00:00

Mahir Brothers in Katugastota, in the Matale District, is one of Sri Lanka’s leading exporters of spices namely nutmeg, pepper, cloves and cocoa. For the past three generations, Mahir Brothers has tried to maintain the consistency of their produce,


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

Views - 500 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 revolutionary 10 Megawatt (MW) waste-to-energy power plant.  The syndicated funding facility a


IEA says strong oil demand growth helping market rebalance

Views - 219 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 America and weak OPEC compliance with output cuts, the International Energy Agency said on Friday. The


Sri Lanka’s energy security pioneering towards solar energy

Views - 377 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 flammable substances. With the arrival of new technology in the mid-19th century, the range of energy sou


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

Views - 231 Tuesday, 15 August 2017 00:08

To promote alternate energy projects and SME sector  Reaffirming its credentials as a preferred partner for international credit lines, DFCC Bank has been granted a long term loan of ¤20 million by Proparco, a subsidiary


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

Views - 524 Thursday, 27 July 2017 01:09

  HNB Deputy General Manager, Corporate Banking Ruwan Manatunga and HNB Head of Project Financing Business Majella Rodrigo HNB’s project finance team of their corporate banking division lauded the suc


JLanka boosts Trina Solar ties to cater industrial energy sector

Views - 471 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 Ge     Hosts world’s global solar leader Trina Solar’s


Clarion International launches ‘Solar Power Branches’ in key cities

Views - 562 Wednesday, 19 July 2017 00:00

  Plans to further expand network across Sri Lanka in coming months  Clarion International Ltd. (www.clarionsrilanka.lk), a company with a 32-year track record that has saved the nation billions of rupees in energ


IEA raises forecast for global oil demand this year

Views - 507 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 International Energy Agency (IEA) has predicted.  “Estimates of global oil product demand gr


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

Views - 501 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 energy and power grids as the fall in crude prices led to deep cuts, the International Energy Agency (IEA


China backs hundreds of global coal power projects: German report

Views - 532 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 commitment to fighting climate change. The report by German environmental lobby group Urgewald co


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

Views - 1076 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 the destructive nature of the industry by denying any impacts, distorting facts and deliberately mis


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

Views - 889 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 surprise that Sri Lanka is facing a rise in demand for electricity.  With ambitious goals and


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

Views - 920 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 until now been a backwater for renewable energy. They say that the region is in a perfect position to


Small hydropower industry debunks negative theories

Views - 1103 Tuesday, 30 May 2017 00:01

Deforestation and impact on aquatic life negligible  Compliance among industry uncompromising Ganthuna Mini Hydropower Plant, Kegalla District    Sri Lanka’s small hyd


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

Views - 1128 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 regulator, Public Utilities Commission of Sri Lanka (PUCSL) said in a statement.  The State pow


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

Views - 1019 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, who cannot afford to purchase the energy efficient light bulbs. The Government has been paying more


Global oil discoveries fell to historic lows in 2016

Views - 937 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 lowest level in more than 70 years, according to the International Energy Agency, which warned that bot


Global power investment to top $ 443 b in 2017

Views - 1035 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. Increased decentralisation, the need to decarbonise electricity generation, and digitisation to boost


Coal market oversupply risks grow as producers boost output

Views - 991 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 power demand in countries such as Indonesia may absorb some extra output, producers and analysts said


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

Views - 1303 Wednesday, 17 May 2017 00:00

  Initiative marks commemoration of Company founder Late Deshamanya A.Y.S. Gnanam President Maithripala Sirisena ceremoniously inaugurated Tokyo Cement’s second Biomass Power Plant in Trincomalee on 5 Ma


China, India surpass US as most attractive renewables markets: Report

Views - 789 Wednesday, 17 May 2017 00:00

Reuters: China and India have surpassed the United States to become the two most attractive countries for renewable energy investment, a report by UK accountancy firm Ernst & Young showed on Tuesday. In an annual ranking of the top 40 renewa


Coal to be India’s energy mainstay for next 30 years: NITI Aayog report

Views - 830 Wednesday, 17 May 2017 00:00

Reuters: Coal will remain India’s main energy source for the next three decades although its share will gradually fall as the country pushes renewable power generation, according to a government report seen by Reuters. The country is the w


A clean Sri Lanka starts at home

Views - 1290 Friday, 5 May 2017 00:10

By  Asnah Anver In the wake of the recent Meethotamulla garbage dump collapse and the resultant public outcry, a new initiative to promote environmentally friendly garbage disposal practices at home was kick-started last week.   The


A viable concept and a solution for mitigating the garbage issue

Views - 922 Friday, 5 May 2017 00:00

The pressing issue of garbage dumping and the issues that coexist with it cannot be conveniently put aside and forgotten as all of us are partakers of this issue and have indirectly contributed to the catastrophic consequences. It is profoundly fe


Janathakshan and Czech Republic’s People In Need look at way forward in up-scaling biogas technology

Views - 828 Friday, 5 May 2017 00:00

Janathakshan (Gte) Ltd. and People In Need (Czech Republic) held their last project workshop ‘Up-scaling Biogas – the Way Forward’ at Waters Edge, Battaramulla through the EU SWITCH-Asia Initiative Up-scaling Biogas Technology fo


ADB shares broad-based vision to secure water in Asia

Views - 710 Friday, 5 May 2017 00:00

By Charumini de Silva in Yokohama, Japan The Asian Development Bank (ADB) on Wednesday shared a broad-based vision to secure water in the Asia Pacific with a commitment of $4.2 billion for 2017, calling on all countries for long-term ecosystems-


Placing gas at the centre of Sri Lanka’s energy blueprint

Views - 2834 Tuesday, 14 March 2017 00:00

By Deepesh Nanda Any international traveller to Sri Lanka is enthralled by its natural beauty and hospitable people. Preserving its pristine environment is, and should remain, a priority for its government and citizens. At the same time, providi


Today's Columnists

East Container Terminal blunder: Learn from Chinese

Tuesday, 18 September 2018

Minister for Ports and Shipping Mahinda Samarasinghe informed the press in August that Cabinet has approved the development of East Container Terminal (ECT) of Colombo Port by the Ports Authority. According to approval: nPorts Authority would develop


President Sirisena, playing with fire, must take note that smoke will get into his eyes

Tuesday, 18 September 2018

Penchant for playing with fire President Gamaralalage Sirisena has always had a penchant for playing with fire. He did fire-play at the local government elections when he made a disastrous U-turn and went round country blasting the party and its lea


Response to claims that Sri Lanka was in a ‘debt trap’ in 2014 due to ‘Chinese loans’

Monday, 17 September 2018

Several Western analysts have carried out a relentless media campaign in keeping with their own geopolitical agenda, to suggest that China was luring Sri Lanka into a carefully engineered debt trap.


Understanding the debt trap: Nothing but simple arithmetic

Monday, 17 September 2018

Prime Minister Ranil Wickremesinghe, speaking recently at the World Economic Forum in Vietnam, denied that Sri Lanka was in danger of spiralling into a debt trap from excessive Chinese borrowings


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