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Connectivity sought among small island nations via shared tech innovation in solar energy

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The top table at the solar energy forum.

Sri Lanka played host to a pivotal regional energy summit this week as the International Solar Alliance (ISA) held its 7th Regional Committee Meeting for Asia and the Pacific in Colombo, reaffirming its commitment to making solar energy economically viable across the Global South.

ISA Director General Ashish Khanna lauded the government of Sri Lanka’s leadership, announcing a bold new agenda that could accelerate private sector investment, drive down solar energy costs and connect small island nations through digital tendering and shared technological innovation.

“We were honoured to have the Prime Minister of Sri Lanka, Dr. Harini Amarasuriya, and Energy Minister Kumara Jayakody present, Khanna said. “Asia-Pacific nations are home to 4.3 billion people — 60% of the world’s population. While 97% now have access to electricity, the dream of solar energy remains unfulfilled in many smaller countries and island states. This meeting was about changing that.”

The ISA, now comprising 124 member nations, is positioning itself as the largest multilateral agency of the Global South. With a vision anchored in equitable partnerships, its new framework focuses on four core pillars: policy and regulatory reform, enabling private investment, enhancing local institutional capabilities and sharing scalable technology.

“We want to ensure each country builds its own institutional ability to choose what’s best for its context, Khanna said. “This includes our STAR-C centres — Solar Technology Application Resource Centres — now in 17 countries and soon to be linked to a global digital knowledge hub.”

A highlight of the meeting was the signing of country partnership frameworks with Sri Lanka, Fiji, Solomon Islands and Kyrgyzstan. These frameworks are designed to guide collaboration over the next 3–5 years and accelerate solar goals through technology deployment, capacity building and financing strategies.

Importantly, the ISA also announced a game-changing initiative for six small island developing states (SIDS), aiming to aggregate demand across countries and conduct digital tendering. “This platform will help these nations secure solar power at the lowest possible prices, fast-tracking implementation in just one or two years, Khanna said.

Responding to The Island Financial Review, Energy Minister Eng. Kumara Jayakody, who chaired the regional meeting, provided a candid overview of the country’s solar trajectory and energy policy ambitions.

“As of now, nearly 13% of Sri Lanka’s total energy mix comes from solar, Jayakody said. “Last month alone, more than 70% of our energy came from renewable sources. We are firmly on track to meet our medium-term targets and our policy roadmap aims to expedite this transition within the next three to four years.”

He acknowledged the limitations faced by Sri Lanka due to its variable demand and relatively high share of daytime solar usage, but outlined the country’s efforts to enhance energy stability through battery storage, pumped hydro, and diversified load management.

“We are now tendering for a 60 MW battery storage system and developing the detailed design for a 600 MW pump storage project at Mahaweli, the minister revealed. “EV charging infrastructure, especially during daytime hours, is also a key part of our energy strategy — that is another form of storage.”

Questions from the press also touched on the stability of solar supply in island contexts, investment barriers, and compensation challenges faced by past developers in Sri Lanka. Minister Jayakody responded firmly, clarifying that the government is negotiating with investors transparently and moving ahead with new tenders.

By Ifham Nizam ✍️



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JAT Holdings celebrates the 6th Pintharu Abhiman Convocation, uplifting over 800 painters through NVQ certification

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JAT Holdings PLC marked a significant milestone with the successful conclusion of the 6th JAT Pintharu Abhiman Convocation, recognising more than 800 painters who have earned their NVQ Level 3 qualification, an internationally recognised professional certification delivered in partnership with the National Apprentice and Industrial Training Authority (NAITA).

JAT Pintharu Abhiman was established to uplift Sri Lanka’s painter community through structured skills development, professional recognition and stronger earning potential. This year’s graduating cohort reflects the programme’s expanding reach and the tangible changes it continues to deliver for individuals, families and communities.JAT in collaboration with NAITA has streamlined the certification process such that what would traditionally take up to six months has been refined into an efficient and high-impact three-day assessment model. This approach ensures painters can obtain their qualification without sacrificing extended periods of work, while JAT fully absorbs the certification cost, removing financial barriers and enabling wider access to formal recognition.

Research conducted amongst NVQ qualified participants shows meaningful improvements in livelihoods, with 90 percent reporting increased personal confidence and 76 percent noting an improvement in their overall standard of living. This uplift demonstrates the long-term value of industry-aligned professional training.

A noteworthy moment at this year’s convocation was the recognition of four female painters who received their NVQ certifications. Their achievement marks an important step in broadening female participation in a field that has historically been male dominated, reinforcing JAT Holdings’ commitment to creating inclusive pathways for technical development and sustainable employment.

Speaking at the ceremony, Mr. Wasantha Gunaratne, Director Sales and Technical (South Asia) of JAT Holdings PLC, said:

“Pintharu Abhiman is fundamentally about development, giving painters the knowledge, structure and recognition they need to progress in their careers. By equipping over 800 painters with an internationally recognised NVQ qualification, we are not only strengthening the technical standards of the industry but also creating real pathways for entrepreneurship and financial independence. It is especially encouraging to see that one in five certified painters have already begun building their own businesses. These are the outcomes that matter because they show that when we invest in skills, we unlock opportunity. JAT remains committed to expanding these avenues so every painter has the chance to grow, lead and build a sustainable future.”

The 6th JAT Pintharu Abhiman Convocation underscores JAT’s continued dedication to uplifting the painter community, enhancing industry standards and supporting national skills development through accessible, professionally recognised qualifications.

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Industry bodies flag gaps in Draft National Electricity Policy

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The Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Association Forum, National Chamber of Commerce of Sri Lanka and Sri Lanka Association for Software and Services Companies, has submitted joint observations on the Draft National Electricity Policy, highlighting that several key issues have not been adequately addressed.

Whilst recognizing the need for reform in the electricity sector, the submission flags several gaps in the draft policy that require closer attention. Key areas such as affordability, decarbonisation commitments, incentives for renewable energy, competition, and the long-term financial health of the sector are either missing or not addressed in sufficient depth.

The proposed tariff revisions outlined in the draft energy policy raise concerns, particularly regarding the removal of cross-subsidies and the proposal to restrict subsidies exclusively to households consuming less than 30 kWh per month. Without detailed analysis, these measures could weaken access to sustainable and affordable energy and potentially lead to fiscal risks.

The provisions allowing uncompensated curtailment, removing feed-in tariffs, and imposing mandatory time-of-use tariffs on rooftop solar users could make renewable energy projects un-bankable for international lenders, thereby increasing the cost of capital for Sri Lanka.

Calling for a more future-focused approach, the submission stresses the need for a policy that reflects modern electricity systems, including planning for the energy transition, energy storage, market competition, cross-border electricity trading, and emerging technologies.

The Chambers and Associations request a comprehensive revision of the Draft National Electricity Policy, alignment with the Electricity Act, and resubmission following substantive consultation, and reiterate support to engage constructively with policymakers to shape a policy that supports affordability, investment confidence, and Sri Lanka’s long-term energy security.

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Bank of Ceylon partners with 36th APB Sri Lanka Convention

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Bank of Ceylon (BOC) partnered with the 36th Annual Convention of the Association of Professional Bankers (APB) Sri Lanka, reaffirming its commitment to promoting professional excellence and knowledge sharing within the banking sector. The partnership was officially handed over by Sameera D. Liyanage, Chief Marketing Officer of Bank of Ceylon and M. R. N. Rohana Kumara, Deputy General Manager Business Revival Unit of Bank of Ceylon, reflecting BOC’s focus on empowering banking professionals and supporting the sustainable growth of Sri Lanka’s financial services industry.

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