Land owned by SLPA and the Port of Colombo for solar energy harvesting
The Morning: A project is currently underway to utilise land owned by the Sri Lanka Ports Authority (SLPA) and the Port of Colombo (POC) for solar energy harvesting, aiming to produce green hydrogen under the port’s green energy initiative, according to SLPA Managing Director Eng. Ganaka Hemachandra.
Hemachandra made this remark during a discussion at the recent Colombo International Maritime and Logistics Conference, held at the Cinnamon Grand, Colombo.
Speaking further, he noted that the port currently consumes 25% of the total energy usage in the city of Colombo, which is equivalent to nearly 50 MW.
“It is crucial to discuss how we can implement effective measures to immediately address greenhouse gas emissions in all port-related activities, which is a pressing global concern. Currently, only about 42% of Sri Lanka’s total energy generation is from green sources, while the remainder comes from non-green sources. This is a serious issue that requires urgent attention and action,” he emphasised.
Moreover, Hemachandra highlighted the need to encourage innovation and simultaneously adopt advanced technologies in the local port sector to produce green energy for future requirements and ensure the sector remains environmentally sustainable.
“The Port of Colombo is also exploring the implementation of cutting-edge technologies to minimise both energy wastage and greenhouse gas emissions. While achieving this is no small feat due to the substantial investments required, we are committed to aligning with the global targets outlined in the IMO’s 2030–2050 programme,” he added.
He also revealed that the East Container Terminal (ECT) at the Port of Colombo, which will be the port’s first semi-automated terminal, is set to integrate clean energy into its operations.
The terminal will also leverage green robotics and AI-based technologies for ship and yard planning. By 2025, the port will also be equipped to supply green shore power to vessels calling at its terminals.
“Several constraints in the past barred our capability to establish as a fossil fuel refuelling centre. However, with emerging opportunities, we must consider how our port can evolve as a green energy refuelling centre as we transition from the present to the future. Optimum usage of energy is now a mandatory requirement,” he said.
OSL take:
Sri Lanka’s expanding economic activities and the target of becoming a hub in the South Asian region have all resulted in the overall increase in demand in the energy industry, especially in the field of power generation. However, with Sri Lanka’s commitment to increasing the country’s renewable energy generation component, there’s an increase in the business/investment opportunities in the renewable energy sector. The increasing demand for the renewable energy sector is evident by the interest shown by many local businesses representing several key economic sectors in the country resorting to power their establishments with renewable energy sources. The move by the Colombo Port to turn to renewable energy is one such example. The growth and profits recorded by local businesses engaged in the renewable energy sector and the interest shown by foreign businesses engaged in green energy solutions are indicative of the growing business potential in Sri Lanka’s emerging renewable energy sector. Given all these developments, foreign businesses/investors could confidently explore the growing as well as lucrative business/investment opportunities in Sri Lanka’s renewable energy generation sector.
Article Code : | VBS/AT/20241213/Z_1 |