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SL stands very good chance of attracting investments for renewable energy projects: German Ambassador

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Energy revolution- Energiewende

by Sanath Nanayakkare

As the beginning of the end of fossil fuels has definitely started across the world and Sri Lanka has the renewable energy resource potential backed with the government’s policy framework to enhance the share of national grid renewables, the country stands a very good chance of attracting foreign investments and partnerships for renewable energy projects, the German Ambassador to Sri Lanka and the Maldives Holger Seubert said addressing a virtual meeting yesterday.

” Sri Lanka has an ambitious plan of 100% electricity generation through renewable energy by 2050 as an important signal for accelerated climate action and it has ideal conditions to achieve it. As Germany has already left its niche in Renewables, it can partner with Sri Lanka in this exercise on a long term fruitful cooperation,” the German Ambassador said.

The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) led by Andreas Hergenröther. hosted this “German – Sri Lankan Virtual Conference on Energy Efficiency and Self-sufficiency in Industry” where State Minister Duminda Disanayake also spoke among other industry leaders here in Sri Lanka and Germany.

Supported by the German Federal Ministry for Economic Affairs and Energy (BMWi) and within the framework of the German Energy Solutions Initiative, the conference was part of an AHK Trade Mission to Sri Lanka comprising eight German companies that have expressed strong interest in the Sri Lankan market.

During the virtual conference, eight German companies presented their technologies and energy solutions with the objective to establish long-lasting partnerships with industry representatives and public authorities from Sri Lanka.

State Minister of Solar, Wind and Hydro Power Generation Projects Development Duminda Dissanayake said he would value the German cooperation in this regard and would wish to meet with the German companies for collaboration as the pandemic tapers off.



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SL youth eligible for employment in Korea, to get the opportunity shortly

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The Korean Ambassador to Sri Lanka Woonjin Jeong assured the Foreign Minister that the facilities required for the Sri Lankan youth who are eligible for employment in Korea to travel to Korea will be provided shortly. He was speaking at a discussion on the delays faced by young people who are eligible for jobs in Korea, chaired by the Foreign Minister Dinesh Gunawardena at the Foreign Ministry on 16 June, 2021. State Minister of Foreign Employment Promotion and Market Diversification Priyankara Jayaratne, Secretary to the State Minister of Foreign Employment Promotion and Market Diversification Suntharam Arumainayaham, Chairman Kamal Ratwatte, Director Nimal Thibbatumunuwa and Deputy General Manager Mangala Randeniya of the Foreign Employment Bureau were also participated in the discussion.

The Foreign Minister pointed out that those who have qualified for jobs in Korea have been expecting to leave for jobs in Korea for a long time; however it has been avoided day by day due to the COVID pandemic. The Minister also pointed out that they are under severe mental stress due to this.

The Korean Ambassador to Sri Lanka explained the position of the Korean Government and stated that it has been planned to provide employment opportunities in Korea to all those who are eligible for employment in Korea. He said there is a delay in providing those opportunities due to the COVID pandemic; however assured that he is focussed on sending them to Korea at the earliest available opportunity.

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Sterilizer device launched in Sri Lanka

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At a time when the Covid-19 epidemic is spreading around the world, you will no doubt be happy to hear that those invisible germs that collect in such a closed environment can now be destroyed by a small device called STERIONIZER introduced to Sri Lanka by ABC Trade & Investments.

This small device has made life easy for many as you can clean your home or any other place (specially closed environment) by plug-in the STERIONIZER.  

STERIONIZER system keeps air ducts, air heat exchangers and machinery clean and supplies sanitized air in enclosed areas and each ionizing device is completely maintenance free and connected to a data-bus for supervision and monitoring.

STERIONIZER is priced at Rs. 35,000. Phone 070 3 525 525 or 070 1 853 529 for more information.

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Indian assistance to implement solar power project

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It is expected to provide financial benefit to low-income households

 

Measures have been taken to increase the contribution by renewable energy sources to the national power grid by enhancing solar power generation as per the National Policy Framework.A key plan of the Government is to generate solar power by obtaining the contribution of state-owned buildings, places of worship and houses of the low-income families.

It is expected to provide financial benefit to low-income households and to curtail the expenses incurred by the state institutions for electricity, from the project. Steps will also be taken to provide facilities to store solar energy in batteries for the low-income families that are unable to access the national power grid.

The project also includes generating power by installing floating solar panels as a solution to land scarcity. Under the first phase of this, plans have been initiated to generate electricity required for the Parliament centering the Diyawanna Lake as a model project.The Government of India, one of the main stakeholders of Sri Lanka for this project, has entered into a bilateral loan agreement by agreeing to grant a Line of Credit amounting to US$ 100 million through the Export Import Bank of India.The agreement for the Line of Credit signed by the Sri Lankan Government and the Export Import Bank of India was exchanged between Finance Secretary S. R. Attygalle and Indian High Commissioner Gopal Baglay in the presence of President Gotabaya Rajapaksa and State Minister Duminda Dissanayake at the Presidential Secretariat recently.

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