Hayleys completes 800kW solar project for LSEG Sri Lanka
Daily FT: Hayleys Solar has successfully completed an 800kW rooftop installation for London Stock Exchange Group (LSEG), marking a significant milestone in the country’s corporate renewable energy landscape.
Delivered within an impressive two-month period, the installation covers six buildings and features 1,412 high-efficiency solar panels. The system is expected to generate an estimated 1,250 MWh of clean energy annually, supplying close to 80% of LSEG’s daytime electricity needs and reducing carbon emissions by approximately 850 tonnes per year, the equivalent of removing nearly 185 petrol-powered cars from the road every year or planting more than 14,000 mature trees.
The project involved complex engineering requirements, including extensive underground cabling across an active corporate site. Hayleys Solar executed the installation with a zero-accident record, maintaining strict safety and operational standards throughout.
Commenting on the project, Roshane Perera, Executive Director and Chief Executive Officer of Hayleys Solar, stated: “Partnerships with ESG-conscious organisations are vital in accelerating Sri Lanka’s transition to sustainable energy. We are grateful to LSEG for placing their trust in Hayleys Solar. This project is about providing reliable, sustainable energy solutions that enable Sri Lankan businesses to compete confidently on the global stage with a reduced carbon footprint.”
LSEG Group Director Site Lead – Malabe Feroz Cader said: “As one of the world’s leading providers of financial markets infrastructure, delivering financial data, analytics, news and index across over 170 countries, LSEG takes its environmental responsibilities seriously. This collaboration with Hayleys Solar marks a significant step in our ongoing commitment to sustainability.”
OSL take:
The increasing demand for renewable energy generation in Sri Lanka is evident by the increasing number of projects being undertaken by businesses in the renewable energy sector. The growth in the country’s power industry, especially in the renewable energy sector, indicates the overall growth and expansion of Sri Lanka’s economy. The business/investment opportunities in Sri Lanka’s renewable energy generation sector have further increased with Sri Lanka’s commitment to increase the clean and sustainable energy generation in the country. The growth, profits and expansion of businesses already engaged in the renewable energy sector and the interest shown by many foreign businesses/investors including key players in the global renewable energy industry indicate the growing business potential in the sector. The opportunities in Sri Lanka’s renewable energy generation sector are manifold and also include the introduction of the latest technologies in the global renewable energy sector. Given all these positive developments, foreign businesses/investors could confidently explore the expanding business/investment opportunities in Sri Lanka’s renewable energy generation sector while also looking at expanding operations through local collaborations.
| Article Code : | VBS/AT/20260420/Z_3 |