Abans Lights Up Kandy with Rs. 1.2 Billion Solar Bet, Betting Big on a Self-Sufficient Sri Lanka
Editor 2.0 In a quiet corner of Pallekele, Kandy District, 18.8 acres of land have been transformed into the newest…
Local News
Sri Lanka Begins Construction of New Jet Fuel Pipeline and Storage Facilities
Construction has commenced on a major fuel infrastructure project connecting the Muthurajawela petroleum storage complex with Bandaranaike International…
Storex Taps World’s No. 1 Battery Maker to Help Sri Lankans Beat the Net Plus Squeeze
As Sri Lanka’s rooftop solar owners scramble to adapt to the government’s controversial shift away from Net Metering…
MARKETS EASE AS OIL DIPS BELOW $100
Global oil markets found some relief on Wednesday, with crude prices slipping back below the symbolic $100-per-barrel mark…
Legal Action Looms Over Net Plus Controversy
Sri Lanka’s rooftop solar sector is caught in the middle of an escalating standoff — and the regulator…
Fuel Prices to Be Revised Tonight
Sri Lankans bracing for another fuel price hike may get some relief tonight, as the government prepares to…
WindForce Pulls Plug on Rs. 4 Billion Green Bond as Market Turns Hostile
Sri Lanka’s renewable energy heavyweight WindForce PLC has hit the brakes on its ambitious Rs. 4 billion Green…
Government Allocates Rs. 15 Billion for Diesel Subsidy in October
The government has set aside Rs. 15 billion to fund a diesel subsidy in October, forming part of…
HayWind Commences Turbine Tower Erection at Mannar Wind Farm
50MW project enters major turbine installation phase as tower erection gets underway HayWind One Limited, the wind energy…
President Announces Rs. 41 Billion Fuel Subsidy for Next Three Months
President Anura Kumara Dissanayake announced Yesterday(Sep. 27) that the Government will set aside Rs. 41 billion to fund…