March 11, 2024
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3min19
Minister of Power and Energy commends contribution to achieving National goal of 70% Renewable Energy by 2030 Backbay Solar (private) Limited commissioned 2-megawatt ground-mounted solar power plants in Kommathurai Batticaloa on Sunday 10th March 2024, which are a part of the 1X90 SBS II solar tender under the Ceylon Electricity Board. Backbay Solar is managed […]

January 5, 2024
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2min9
05th January 2024: WindForce PLC, a leading player in the renewable energy sector, proudly announces its remarkable achievement of the Joint Bronze Award at the SAFA Best Presented Annual Report Awards, Integrated Reporting Awards, and SAARC Anniversary Awards for Corporate Governance Disclosures Competition 2022. The esteemed event took place in New Delhi on the 22nd […]

November 28, 2023

8min9
      From a commitment to sustainable waste management, the transition to renewable energy and environmental protection, the phrase “sustainable manufacturing” is not unfamiliar to Ocean Lanka. Founded in 1996, the Company, which has been in operation for over twenty years, is not only Sri Lanka’s largest weft-knitted fabric manufacturer but is also the […]

November 21, 2023

12min9
Emirates: The consortium, Air-CRAFT, is supported by the UAE Ministry of Energy and Infrastructure and UAE General Civil Aviation Authority, and comprises eight founding entities: ADNOC, Boeing, Emirates, ENOC Group, Etihad, Honeywell, Khalifa University, Masdar As the UAE Year of Sustainability draws to a close, eight founding entities announced the launch of the “Air-CRAFT” initiative […]

August 23, 2023

4min10
      WindForce PLC – Sri Lanka’s leader in renewable energy, in partnership with Lakdhanavi – the leading Independent Power Producer (IPP) in Sri Lanka, and The Blue Circle – a Singapore-based investment firm focused on renewable energy, has formed a consortium set to embark on a transformative power generation project that will reshape […]

August 8, 2023
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5min4
      DIMO, a leading diversified conglomerate in Sri Lanka, partnered with HomeBiogas, a global leader in developing off-grid biogas systems based in Israel, to introduce a host of HomeBiogas products which enable people and businesses in Sri Lanka to transform their organic waste into self-made clean cooking gas and organic liquid fertiliser. Through […]

August 8, 2023
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3min5
      Hayleys Solar, the renewable energy arm of Hayleys Fentons, is proud to announce its partnership with Dipped Products PLC (DPL), on a groundbreaking corporate sustainability initiative. Commencing on June 21st, 2023, the installation of a cutting-edge 1MW system at DPL’s Premier Gloves Manufacturing complex within the Biyagama Industrial Zone marked a key […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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