Power & Energy Archives - Lanka Business News

June 2, 2025

SUNGROW, a global leader in the solar energy industry, having partnered with E.B. Creasy Solar, the renewable energy arm of E.B. Creasy & Co., PLC, celebrated the launch of SUNGROW Energy Storage Systems for the first time on the local market. Unfolding on May 28, 2025, at Cinnamon Life – City of Dreams, the event […]

May 29, 2025

WindForce PLC, Sri Lanka’s leading renewable energy company, has reported outstanding financial results for the fiscal year 2024/25, demonstrating its strategic resilience and commitment to sustainable growth. The Group recorded consolidated revenue of LKR 6.9 billion, marking an 18% increase from the previous year, while EBITDA rose by 9% to LKR 6.1 billion. Net profit […]

May 22, 2025

At the forefront of fulfilling Sri Lanka’s dynamic energy needs, David Pieris Solar Energy – a trusted brand of David Pieris Renewable Energy (Private) Limited – has successfully completed a mega scale rooftop solar installation at the factory premises of Leema Creations (PVT) Ltd, a prominent name in the country’s interior design solutions industry. This […]

May 22, 2025

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Access Solar, a pioneer in Solar Solutions, has been instrumental in Empowering Communities and Driving Sri Lanka’s Green Energy Transition for the past 25 years. 24/7 Clean Energy with the launch of the Jinko high-efficiency BESS for homes and industries through Access Solar Colombo, Sri Lanka—21st May, 2025 —Access Solar (Pvt) Ltd, Sri Lanka’s leading […]

January 30, 2025

Recent statements surrounding the status of Adani Group’s ~500 MW wind power projects in Sri Lanka have sparked several discussions about the project’s future circulating in the public domain. Various interpretations of the Cabinet’s recent decisions haves necessitated official clarification from government authorities regarding the project’s status and future direction. On January 23rd, following the […]

November 18, 2024

WindForce PLC, Sri Lanka’s premier renewable energy developer, delivered exceptional results for the second quarter of the 2024/25 fiscal year, driven by a strategic focus on large-scale projects. EBITDA surged by 49% to LKR 4.22 billion compared to the previous year, reflecting robust cost management and a commitment to high-impact initiatives. As part […]

November 11, 2024

Dr. Naresh Bana The Adani Group’s wind power project in Mannar, Sri Lanka, has a planned capacity of 250 megawatts (MW). This project is part of a broader investment in renewable energy by Adani group in Sri Lanka, with expected completion by 2025. This initiative aims to support Sri Lanka’s renewable energy goals and create […]

August 16, 2024

Hayleys Solar, the renewable energy arm of Hayleys Fentons, is proud to mark a critical milestone in Sri Lanka’s transition to sustainable manufacturing. Through its partnership with Dipped Products PLC (DPL), a global leader in protective handwear, Hayleys Solar has equipped DPL’s four manufacturing facilities in the country with a total solar capacity of 3.66MWp. […]

August 15, 2024

WindForce PLC, Sri Lanka’s leader in the renewable energy sector, has announced an outstanding financial performance for the first quarter of the 2024/25 fiscal year. The company reported a robust 87% surge in EBITDA reaching LKR 1.95 billion, a significant leap from LKR 1 billion in the same period last year. This remarkable growth highlights […]

June 10, 2024

Unilever Sri Lanka recently inaugurated a new 2.33 MW solar power project at its Horana factory, partnering with Abans Electricals PLC for project execution. This significant step forward in Unilever’s commitment to sustainability and renewable energy represents a total investment of 1.3 million Euros. The project aligns with Unilever’s Global Climate Transition Action Plan (CTAP) […]

SUNGROW continues E. B. Creasy Solar collaboration with the launch of Energy Storage Systems

WindForce PLC Achieves Robust 29% Profit Growth, Reaching LKR 2.25 Billion, End of Q4 in FY 2024/25

David Pieris Solar energises Leema Creations with mega scale solar installation

Access Solar Celebrates 25 Years of Leadership in Sri Lanka’s Renewable Energy Sector

Sri Lanka Government clarifies and reinforces Adani Wind Power Project not cancelled, only in tariff renegotiation

WindForce Powers Ahead: Strong Growth and Strategic Focus in Q2 2024/25

Preserve the Investment Climate: Case of Adani’s Mannar Wind Power Project

Hayleys Solar Powers Dipped Products PLC’s Sustainability Journey Across 4 Sites

WindForce Soars to New Heights: Stellar Quarterly Performance

Unilever Sri Lanka Inaugurates Solar Power Project at Horana Factory, Contributing to National Renewable Energy Goals and Global Sustainability Commitments