Business
In SL’s efforts to scale-up solar energy, grid connectivity seen as challenge
By Ifham Nizam
The grid connection becomes a significant challenge as Sri Lanka scales up solar energy, Senior Lecturer at the University of Moratuwa’s Department of Electrical Engineering, Professor Asanka Rodrigo stressed.
He added: “We must conduct extensive studies on load flow, dynamic impacts and protection measures to ensure grid stability.”
Delivering the keynote address, at the partnership last Friday at the Marino Beach Colombo between E.B. Creasy, said to be one of the pioneers of solar energy in Sri Lanka, and LONGI, the world’s largest solar model manufacturer, Rodrigo said that he believes that the partnership highlights Sri Lanka’s commitment to renewable energy and the role both companies will play in supporting the nation’s green energy goals.
Discussing the integration of renewable energy into Sri Lanka’s national grid, he acknowledged that while the country’s small size poses challenges, it also presents opportunities for growth. “As a country close to the equator, we have excellent solar and wind resources, which make solar and wind a priority in our energy mix,” he noted.
Rodrigo detailed the government’s ambitious renewable energy goals, aiming for 70 per cent of energy from renewable sources by 2030 and carbon neutrality by 2050.
Rodrigo added: “The challenges of integrating large-scale renewable energy projects, particularly intermittent sources like solar are considerable.
“The country has made significant progress in solar power deployment, achieving milestones of 200 MW in May 2019 and 1000 MW in July 2024. With an ambitious target of 4000 MW by 2030, the focus is on diversifying solar power infrastructure, including rooftop, ground-mounted, and floating solar photovoltaic (PV) systems.
“Sri Lanka’s energy transition plan, as detailed in the draft Long-Term Generation Expansion Plan (LTGEP) for 2025–2044, reflects a commitment to reducing dependency on fossil fuels while enhancing grid reliability and energy security.”
Sanjeev Rajaratnam, Managing Director of E. B. Creasy & Co. PLC stressed the company’s long-standing commitment to solar energy.
He added: “Since the year 2000, E.B. Creasy has been promoting solar energy solutions to homes and businesses in Sri Lanka. Our business depends on our ability to provide energy solutions that reduce energy bills while lowering carbon footprints.”
He stressed that the company’s dedication to customer service and high-quality solutions has earned it the trust of the industry.
Chin Lee, Head of South Asia Peninsula Region at LONGI, followed with insights into the company’s achievements and future vision.
He said LONGI has set seven world records for photovoltaic (PV) cell conversion efficiency in recent years. “In 2023, we achieved 27.09% efficiency with our HVC solar cells, a world record for non-concentrated silicon cells,” said Chin Lee, reflecting on the company’s technological innovations.
He also addressed challenges in the solar market, mentioning how the price of solar panels surged by nearly 60% over the past year, but expressed confidence in LONGI’s ability to navigate these difficulties while delivering reliable, high-value products to customers.
Business
Climate compliance pressure mounts on Lankan businesses
Lankan businesses are facing increasing pressure to strengthen climate governance, compliance, and risk management frameworks as climate-related disclosure requirements, investor expectations, and regulatory standards continue to evolve.
Against this backdrop, Genesis – the Dilmah Centre for a Sustainable Future will host a specialised post-summit technical workshop titled “Climate Action: A Strategic Executive Workshop on Climate Resilience and Business Continuity” on June 12, in Colombo.
The programme is designed as a continuation of discussions initiated at the Sri Lanka Climate Summit 2026 and will bring together sustainability managers, compliance officers, ESG professionals, risk specialists, and corporate decision-makers. It aims to translate climate commitments into practical business strategies.
The workshop will focus on implementation rather than advocacy, examining emerging disclosure frameworks, financing mechanisms, and regulatory pathways shaping corporate climate action in Sri Lanka.
Keynote speaker Dr. Lalanath de Silva, an internationally recognised environmental lawyer and governance expert, will address the evolving legal and compliance landscape influencing climate-related business decisions.
Technical sessions will cover IFRS S2 climate-related disclosures, climate risk governance, green finance opportunities, internal carbon pricing, and access to climate financing. Speakers will include climate risk specialist Rohan Cooray, Shiranee Yasaratne of Biodiversity Sri Lanka, and Suganthi Samarasinghe of UNDP Sri Lanka.
Organisers said climate readiness is increasingly becoming a business necessity rather than a sustainability option, with growing scrutiny from global markets and regulators.
Participation is free of charge, but prior registration is required due to limited seating for professionals in sustainability, governance, compliance, and risk management roles.
Business
SPAR Sri Lanka Opens New Outlet in Kurunegala
SPAR Sri Lanka has expanded its retail network with the opening of a new outlet in Kurunegala, marking another milestone in the supermarket chain’s growth across the country.
The new store, strategically located to serve the growing population of the North Western Province, offers a wide range of products, including fresh fruits and vegetables, premium meat products, bakery items, household essentials and both local and international brands.
The outlet also features several specialty sections, including a Coconut Corner, Wellness Corner and a dedicated area catering to pet care products.
Speaking at the opening, SPAR Sri Lanka Chief Executive Officer Kumar de Silva said the new outlet reflects the company’s commitment to delivering a “glocal” shopping experience by combining international retail standards with local customer preferences.
“Our Kurunegala outlet reflects our dedication to providing customers with the best range, superior quality and exceptional service under one roof,” he said.
The store also offers SPAR’s signature fresh food concepts, including in-store bakery products, ready-to-eat meals and freshly prepared juices aimed at meeting the needs of busy consumers.
The company said customers will benefit from a range of promotional offers, loyalty rewards, weekend deals and seasonal discounts.
SPAR Sri Lanka said the expansion would also contribute to local economic development through employment generation and support for local suppliers, further strengthening the country’s retail sector.
Pic and Text by SK Samaranayake
Business
Royal end title drought with dramatic shootout triumph
Royal College, Colombo, emerged unbeaten champions of the All-Island Under-20 Hockey Tournament after defeating defending champions St. Thomas’ College, Matale, in a nail-biting sudden-death penalty shootout at the Rajarata University Grounds in Mihintale last week.
The final ended in a 1-1 draw after Royal equalised five minutes from time to cancel out the Matale side’s earlier lead.
With the penalty shootout also ending in a 4-4 deadlock, the match proceeded to sudden death. The Reid Avenue outfit eventually prevailed in the second round of sudden-death penalties to clinch the title.
A brilliant save by goalkeeper Stefan Anthonipillai, who stretched to his right to deny a crucial attempt, and the decisive conversion by Rumal Jayasinghe helped Royal secure the Under-20 championship for the first time since the tournament’s inception in 2014.
Royal’s centre-forward Savain Karunasiri was one of the team’s standout performers throughout the tournament, scoring crucial goals, including strikes in both the semi-final and the final. Anthonipillai was equally impressive, guarding the goal superbly throughout the seven-match campaign.
Royal finished runners-up when the tournament was held in Matale last year.
The Colombo school produced a series of consistent performances despite having to play on an uneven grass surface that was not ideally suited to the fast-paced modern game.
Royal began their campaign with a 2-0 victory over Christ Church College, Matale, before defeating arch-rivals St. Thomas’ College, Mount Lavinia, 1-0. They then beat Kingswood College, Kandy, 2-0 and Maris Stella College, Negombo, 2-1 to top their group.
In the quarter-final, coach Damith Panditharatne’s side overcame fancied Dharmadutha College, Badulla, by 2-0.
Royal then edged out St. Joseph Vaz College, Wennappuwa, 1-0 in the semi-final, adopting a disciplined defensive approach against the aggressively attacking Puttalam outfit.
In the other semi-final, St. Thomas’ College, Matale defeated Trinity College, Kandy, 3-1. St. Joseph Vaz later beat Trinity 1-0 in the third-place playoff.
Panditharatne’s five-year development programme, with a strong emphasis on fitness, stamina and technical skills, played a key role in Royal’s success. The title marked Royal’s first national Under-20 tournament triumph since winning the National Schools Games in 2017.
A former national player, Air Force striker and Sri Lanka Police coach, Panditharatne has focused on addressing the weaknesses of individual players while building a cohesive unit. The former Christ Church College, Matale player has been coaching Royal since 2022 with the support of the Royal College Hockey Club (RCHC), comprising former Royal hockey players.
For his outstanding performances, Anthonipillai was adjudged the Best Goalkeeper of the Tournament. Royal College was also named the Most Disciplined Team of the Tournament.
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