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Sri Lanka

China holds the key to cancelling half the world’s new coal project plans

With pressure mounting on the world’s governments to turn their back on the fossil fuel, China and peers in South East Asia, Europe and South Asia could help deliver a coal-free future at the COP26 climate summit planned in Glasgow in November.

‘The chance to reset with a green recovery has now been lost’

Norwegian consultancy DNV today published the latest of its annual surveys of the state of the energy transition and lamented the fact so very little has been achieved during the last five years. We are forging ahead into a world that will be 2.3C hotter this century, predicts the report.

Sri Lankan garment manufacturer could invest in Bangladeshi renewables

Although the Windforce clean power developer controlled by garment maker Hirdaramani has not been forthcoming in response to pv magazine, it is reportedly considering installing 20-50 MW of solar and/or wind power capacity in the nation.

Financing large scale renewables in emerging economies

pv magazine has taken part in a webinar examining the thorny issue of financing clean energy generation in developing markets.

Sri Lanka seeks consultants for $100m solar project

The project will be developed under a credit line facility from the Exim Bank of India.

Trina announces its first shipment of 500 W modules

The Chinese manufacturer says the first products exited the factory 11 days after mass production started. The panels were launched by the company late last month.

Sri Lanka launches 150 MW solar tender

Sri Lanka’s Ceylon Electricity Board is seeking proposals for 20 solar power projects ranging in size from 3 MW to 10 MW. The projects are part of the third phase of the ‘Soorya Bala Sangramaya’ (Battle for Solar Energy) program.

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Tender for megawatt scale solar-plus-storage launched in Sri Lanka

A planned 10 MW solar project will be coupled with a storage system with a minimum capacity of 8 MWh. The facility will be near Hambantota in southern Sri Lanka.

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Singapore fund and British developer eye stake in UK government’s south Asian renewables company

U.K. developer Lightsource BP – in which oil and gas giant BP has a significant minority stake – and its Singapore fund partner EverSource Capital are reportedly ready to take up all the $100 million slice of Ayana Renewable Power which is being put up for sale.

ADB supports rooftop solar in Sri Lanka with $50 million

The funds will be used to finance the Battle for Solar Power Programme, a loan scheme for households and businesses willing to install rooftop PV under net metering or net accounting mechanisms.

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