SRI LANKA SOLAR

BY SWINEETHA DIAS WICKRAMANAYAKA, in Columbo
A SHELL company in Sri Lanka has announced that it has tapped into a lucrative latent demand on the tropical south Asian island for solar electricity systems, installing 5,400 units out of around 10,000 in the country in its first two years of operation. Shell Renewables Lanka Ltd's end of year results recorded revenues of US$2.5 million, having in 2000 established a partnership with the Sarvodaya Economic Enterprise Development Service (SEEDS) to provide micro-finance, notably credit to remote rural customers. ...


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