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UK-based Private Infrastructure Development Group (PIDG) has invested $12 million via InfraCo into Greenpower SL, a rooftop solar platform in Sri Lanka with 80 MW of operational capacity. Greenpower SL had installed solar systems on over 1,300 public buildings, including schools and. . Sri Lanka faces a significant challenge in its energy landscape, with thermal power being the dominating source of energy and solar energy representing only ~5 per cent of the mix as of March 2024. This reliance on imported coal and oil jeopardises energy security, strains foreign reserves and. . As a key step towards achieving the target of fulfilling 70% of the country's electricity demand from renewable energy by 2030, construction work on the Siyambalanduwa “Rividanavi” Solar Power Park, Sri Lanka's largest renewable energy project, commenced this morning (06) under the patronage of. . To secure a sustainable future and overcome current economic challenges, Sri Lanka must strategically leverage its abundant renewable energy resources, with a clear focus on solar power, which offers a bright new horizon.
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