Sri Lanka’s Orion City IT Park to invest in 700 kW solar power
Daily FT: Orion City, the nation’s premier IT and business park, has expanded its sustainable infrastructure with a fully operational 700 kW solar energy project at its Colombo 9 complex. This landmark initiative underscores Orion City’s commitment to Environmental, Social, and Governance (ESG) principles, driving a forward-thinking approach to eco-friendly infrastructure and establishing its position as a leading Green IT/BPM destination in Sri Lanka.
The solar project integrates with Orion City’s advanced power management systems, reducing reliance on conventional energy sources and ensuring 24/7 uninterrupted power for tenants. Orion City’s dedication to sustainable design is further demonstrated in its LEED Gold-certified Orion Tower I and LEED Silver-certified Anton Building, reinforcing the complex’s environmental credentials.
Home to over 85 local and international companies – including major names like Virtusa, IFS, Michelin, WNS Global, Atlas Axillia and Anton – Orion City supports a workforce of more than 10,000 professionals who collectively contribute to Sri Lanka’s economic growth. By implementing solar energy, Orion City not only provides green infrastructure for its tenants but also reduces carbon emissions, contributing to a more sustainable business ecosystem in Sri Lanka.
The solar project extends its impact to Orion City’s flagship facilities, including the Orion City Hotel, an eco-conscious accommodation option for business travellers, and the Orion Stellar Data Centre, an energy-efficient, high-density hub for data-driven industries. These facilities, along with the new EV charging station – set to open on 1 January 2025 – enhance Orion City’s role as a leader in sustainable infrastructure, offering green solutions for both tenants and visitors. “Orion City’s solar energy project is a milestone in our mission to build resilient and sustainable infrastructure,” said Orion City Facilities Manager Indika Hettige. “This initiative aligns with our ESG principles and addresses the needs of our tenants, while also supporting Sri Lanka’s drive toward a more sustainable economy.”
From its inception, Orion City has prioritised custom-built commercial spaces grounded in sustainable practices. This solar energy project cements Orion City’s leadership in green infrastructure, supporting a cleaner, more sustainable future for Sri Lanka and solidifying its standing as a top destination for eco-conscious businesses.
OSL take:
Sri Lanka’s renewable energy generation sector has become a hotspot for lucrative business/investment opportunities with the increasing demand in the country’s energy industry in-line with the overall expansion in the country’s economy. The growth and profits recorded by local businesses in the renewable energy sector is indicative of the lucrative nature of the business/investment opportunities in Sri Lanka’s renewable energy sector. The growing business potential in Sri Lanka’s renewable energy sector is further evident by the interest shown by foreign businesses/investors to explore opportunities in Sri Lanka. The country’s commitment to expand the renewable energy generation component in Sri Lanka’s total energy mix resulting in local businesses in key economic sectors also turning to renewable energy generation options have given a further impetus to the local renewable energy sector. These opportunities would witness a continuous growth given Sri Lanka’s target of becoming a regional hub that would create further economic expansion. Foreign businesses/investors could therefore confidently explore the many business/investment opportunities in Sri Lanka’s renewable energy sector.
Article Code : | VBS/AT/20241213/Z_4 |