Rooftop solar in Sri Lanka gets $50m boost

Sri Lanka has been granted a $50 million (£37m) loan to help fund rooftop solar power projects. The funding will support 50MW of capacity and the Asian Development Bank (ADB) will also help develop a market infrastructure and a pipeline of subprojects. According to the ADB, Sri Lanka’s electrification rate stood at 99.3% last year […]

Sri Lankan power ‘to go 100% green by 2050’

Sri Lanka will be able to meet 100% of its energy demand through renewable sources by 2050. That’s according to a new report from the UN Development Programme (UNDP) and the Asian Development Bank (ADB), which predicts the country’s installed electricity generation capacity will increase from around 3.7GW to 34GW over the period. Of this, […]

EU bank grants €50m for Sri Lankan water network

The European Investment Bank (EIB) is providing €50 million (£43m) to support the improvement and expansion of the water network in the Sri Lankan capital Colombo. The existing water supply and sewage network in the city was built a hundred years ago and is not adequate for the city’s needs. Once completed, clean water will […]

Coal is key to generate electricity in South Asia

Coal is still the main energy source to generate electricity in South Asia. That’s according to a study made by the World Bank, which stated it would account for more than 60% of electricity production in the region between 2015 and 2040. Electricity generation from renewable sources stands at just 25%. The research also stated the region […]

ABB wins $40m power order in Sri Lanka

Engineering giant ABB has won an order worth around $40 million (£26.4m) to help strengthen the power infrastructure in Sri Lanka. It will supply two new 220-kilovolt substations as well as upgrade an existing one in the country. The project is part of Sri Lanka’s Clean Energy and Network Efficiency Improvement Project. The government plans […]

Sri Lanka granted $300m for clean energy

The Asian Development Bank (ADB) has approved a $300 million (£221.7m) loan to help Sri Lanka cut its reliance on imported oil and boost the use of renewable energy. Half of the loan will fund a 30MW hydropower plant at Moragolla in Central Province as well as upgrade transmission lines and other infrastructure in “needy […]

Indian cement sector could see fivefold rise in emissions

India’s huge cement industry, which is expected to expand rapidly, could see a fivefold increase in its carbon emissions by 2050. That’s the prediction from the International Energy Agency (IEA) in a new report released with the World Business Council for Sustainable Development, which shows how the country’s cement sector could sharply cut its emissions […]

Sri Lanka doubles its wind power capacity

Sri Lanka has doubled its wind power capacity with the addition of three new wind farms, its Power and Energy Minister announced. A total capacity of 30MW wind farms was connected to the grid last week, which cost Rs 7.2billion (£34.8million). The power from the plants will be sold to the state-run Sri Lanka Electricity […]

Developing nations to share power

South Asian countries could prevent power cuts by sharing load across neighbouring electricity grids says a new study. US analysts GBI Research have published a report which says the increasing demand for power in the developing nations of the Indian sub-continent could be met by sharing load across grids and trading power amongst themselves. India, […]