Renewable Energy

Sector Overview

As a Country Sri Lanka is facing somewhat of an unprecedented demand for Energy, which the government has found increasingly difficult to fulfill using the traditional power sources. Therefore, many renewable energy projects are underway to fulfill the power requirement.This has created a demand within the industry for many private sector ventures to move into the area of renewable energy and with a government objective of having 20% national power supply through renewable energy, the possibilities for investing opportunities are endless.

The private sector driven by both local and foreign investment is driven to fund ventures that will form a part of the national power grid by clean energy. Also, there has been an increasing demand from the households to convert or to have clean energy as a backup. As such the demand for the industry is gaining rapid momentum in Sri Lanka.