Category: Power
Global Dialogue Forum gathers World leaders in Colombo on AI, energy, food & cybersecurity
Global Dialogue Forum (GDF) partnering Club of Rome’s India affiliate, is hosting a unique international conclave at the Galle Face Hotel, Colombo, bringing together leading global experts, policy framers, decision makers to explore the frontiers Artificial Intelligence (Ai) can breach to overcome challenges in green energy, food security and cyber security. It differs from the […]
Trinasolar partners Solaris Energy to deliver 25MWp of utility-scale solar across Sri Lanka
Trinasolar, a global leader in smart PV and energy storage solutions, signed a Memorandum of Understanding (MOU) with Solaris Energy (Pvt) Ltd., a leading solar distributor in Sri Lanka, to collaborate on the supply and deployment of 25 megawatt-peak (MWp) of solar modules across the country. The agreement was formalized at SNEC 2025 in Shanghai, […]
Advocata Institute Urges Government to Uphold Electricity Sector Reforms
The Advocata Institute today called on the Sri Lankan government to reaffirm its commitment to the critical reforms initiated by the 2024 Electricity Act. The think tank emphasized the necessity of legally separating the Ceylon Electricity Board’s (CEB) functions and fostering a competitive and transparent electricity industry. “The 2024 Electricity Act was a landmark step […]
‘s historic Rs. One Billion Green Bond funds renewable expansion
Resus Energy PLC has made history with the launch of the country’s first-ever Green Bond issue by a local energy company, aiming to raise Rs. 1 billion to accelerate the nation’s transition to clean energy. The issue, scheduled to be opened on 25th June 2025, is also the country’s first Green Bond issue by a […]
Resus Energy connects 5 MW Solar PV power plant to the national grid
Resus Energy PLC, a forerunner in renewable energy, recently connected a 5.0MW ground mounted solar PV power plant to the national grid. Built at a cost of over Rs. 750 million with state-of-the-art equipment encompassing tier-1 solar PV panels and top-of-the-range auxiliary equipment, the plant is expected to generate about 10 million units of electricity […]
PUCSL Announces 15-pct Overall Electricity Tariff Increase Effective Tonight
The Public Utilities Commission of Sri Lanka (PUCSL) announced today a 15% increase in electricity tariffs, effective from June 12, 2025. This decision follows a comprehensive review of utility bills and public feedback submitted by the Ceylon Electricity Board for the June to September 2025 period. Despite this immediate increase, the PUCSL emphasizes that the […]
Sri Lanka targets energy security via Mullikulam & Hayleys Fentons, unlocking Mannar wind power: Minister
Sri Lanka’s Energy Minister, Engineer Kumara Jayakody, reaffirmed the government’s commitment to fully harness the wind power generation potential of the Mannar region, aiming to overcome the nation’s energy challenges through strategic investment and the adoption of new technologies. The Minister’s statement came during a comprehensive visit to proposed and operational wind power plant sites […]
‘s controversial wind power project
The NPP Government has cancelled Ranil Wickremesinghe’s cabinet decision to award the Mannar and Pooneryn wind power projects to Adani Green Energy at a price 70% higher than the market rate. Rohan Pethiyagoda reviews AKD’s reasoning for the cancellation, showing how the president kept his promise to scrap the deal which he himself questioned repeatedly […]
Sri Lanka Slashes Electricity Tariffs by 20-pct Effective Midnight
The Public Utilities Commission of Sri Lanka (PUCSL) has announced a reduction in electricity tariffs by 20%, effective from midnight today, for the first six months of 2025. This decision follows a series of public consultations and counter-proposals from the Ceylon Electricity Board (CEB). However, the Ceylon Electricity Board has announced that the revised electricity […]
Asian Development Bank extends USD 150 mn line of credit to CEB
Asian Development Bank (ADB) and Ceylon Electricity Board (CEB) signed an agreement on 19th December 2024, for ADB to provide a loan of $150 million to CEB. After rigorous due diligence by ADB on technical, economic and social merits of CEB’s upcoming investment proposals, ADB approved the loan package in November 2024. Through these funds, […]
EnerG Sustainables to host training on solar integration and AI-driven energy management
EnerG Sustainables, the renewable energy and energy management consultation across the GCC and beyond, is announcing an intensive two-day training program on ‘Innovative Energy Strategies for Commercial & Industrial Businesses: Integrating Solar and AI-Driven Energy Management Solutions.’ This exclusive event will take place at the iconic Galle Face Hotel in Colombo on December 10th-11th, 2024. […]
Fitch Affirms Ceylon Electricity Board at BB+(lka); Outlook Stable
Fitch Ratings has affirmed Ceylon Electricity Board’s (CEB) National Long-Term Rating at ‘BB+(lka)’. The Outlook is Stable. Fitch also affirmed the National Long-Term Rating of CEB’s outstanding senior unsecured debentures at ‘BB+(lka)’. CEB’s ratings are equalised with the Sri Lankan sovereign rating (Long-Term LocalCurrency Issuer Default Rating CCC-) under Fitch’s Government-Related Entities (GRE) Rating Criteria. […]