Saturday Feb 28, 2026
Saturday Feb 28, 2026
Wednesday, 25 February 2026 00:02 - - {{hitsCtrl.values.hits}}
David Pieris Renewable Energy Director Samantha Silva (fourth from right) and HNB Senior Vice President – Head of Retail Banking Kanchana Karunagama exchanging the agreement. HNB Senior Executive Vice President – Chief Operating Officer Sanjay Wijemanna, Manager – Personal Financial Services Asitha Fernando, DPRE General Manager – Finance, Strategy and Operations Lahiru Vitharana, Assistant General Manager – Sales and Marketing Prasanna Dissanayake, and Manager – Planning and Operations Dilshan Jayasinghe are also present
David Pieris Renewable Energy Ltd., (DPRE), marketer of David Pieris Solar and the renewable energy arm of the David Pieris Group, has entered into a strategic Memorandum of Understanding (MoU) with Hatton National Bank PLC (HNB) to promote the adoption of solar energy solutions among customers in both the domestic and Commercial & Industrial (C&I) sectors seeking HNB loan facilities.
The MoU was officially signed at the HNB Head Office in the presence of senior representatives from both organisations, including Senior Vice President – Head of Retail Banking Kanchana Karunagama, Senior Executive Vice President – Chief Operating Officer Sanjay Wijemanna, and Manager – Personal Financial Services Asitha Fernando from HNB, together with Director Samantha Silva, General Manager – Finance, Strategy and Operations Lahiru Vitharana, Assistant General Manager – Sales and Marketing Prasanna Dissanayake, and Manager – Planning and Operations Dilshan Jayasinghe from DPRE.
Through this collaboration, customers will gain access to high-quality and reliable solar power solutions offered by DPRE, supported by convenient and trusted financing facilities from HNB. For domestic solar solutions, loan values will range from Rs. 500,000 to LKR 7,000,000, while C&I project financing will be structured based on individual customer requirements and project scope.
The loan tenure will extend up to seven years, with competitive low interest rates that vary according to the selected repayment period. This flexible financing structure is designed to enable a smooth, affordable, and transparent transition to renewable energy for households, businesses, and industrial customers across Sri Lanka.
By combining the David Pieris Group’s trusted 40-year legacy with DPRE’s strong technical expertise, proven industry track record and end-to-end solar solutions, alongside HNB’s extensive banking network and financial strength, the initiative is expected to significantly accelerate solar energy adoption nationwide.
This collaboration strongly aligns with Sri Lanka’s national energy objectives, including the target of generating 70% of electricity from renewable sources by 2030 and achieving carbon net-zero by 2050, reinforcing both organisations’ shared commitment to sustainable development and a greener future.
