ECONOMYNEXT – A path breaking initiative for Sri Lanka-based renewable energy firms to move into Africa has been laid in Addis Ababa through a program backed by the United National Development Program and China, the island’s embassy in Ethiopia said.
The United Nations Development Program and Ministry of Irrigation and Energy in Ethiopia have supported a forum in Addis Ababa, with the participation of African business chambers to showcase Sri Lanka’s capabilities in deploying renewable energy solutions in solar and biogas.
China is financing a three year two million US dollar program involving Ethiopia and Sri Lanka to promote renewable solution Resident Representative of UNDP for Ethiopa Turhan Saleh had said.
Sri Lanka’s ambassador to Ethiopia and Permanent Representative to African Union, Sumith Dassanayake said Sri Lanka has made strong progress in renewable energy and many Sri Lankan firms had acquired capacity to build and deploy renewable energy solutions.
Ambassador Dassanayake said that private Sri Lankan companies have gained international recognition for building renewable energy solutions for industrial and residential use and their expertise was available to African nations.
He said the UNDP had also helped Sri Lanka in expanding renewable energy use.