Renewable Energy Growth deliberations to continue today | Daily News


Renewable Energy Growth deliberations to continue today

The third edition of the Renewable Energy Growth Forum organized by Informa Markets in India (formerly UBM India), India’s leading B2B exhibitions began at Taj Samudra, Colombo, Sri Lanka yesterday and will close today.

The Print Media sponoser for the event is ‘Daily News.’

Supported by Ceylon Chamber of Commerce, Chamber of Construction Industry in Sri Lanka, the forum deliberated and discussed the potential of the Renewable Energy (RE) industry, policies and trends, global market overview, renewable energy opportunities in Sri Lanka, project financing and beyond.

The Renewable Energy Growth Forum is one of the most comprehensive and reputed platforms backed by the excellence of Informa Markets, the organisers of the Renewable Energy India Expo - Asia’s largest and most influential exhibition and other events across Saudi Arabia, Dubai, Vietnam and Thailand, amongst others. Sri Lanka is one of the Chapters of the RE Growth Forum along with Chandigarh and Hubli in India.

The event was inaugurated by Minister Mahinda Amaraweera, Ministry of Power & Energy; Indrani Vithanage, Additional Secretary (Power & Energy) Ministry of Power, Sri Lanka; Vinod Jacob, Acting High Commissioner, Indian High Commission, Sri Lanka; Dr. Asanka S. Rodrigo, Director General, Sri Lanka Sustainable Energy Authority; Damitha Kumarasinghe, Director General, Public Utilities Commission, Sri Lanka ; Toshimasa Masuyama, International Renewable Energy Agency (IRENA) and Rajneesh Khattar, Group Director, Informa Markets in India.

As the current non-renewable energy sources in Sri Lanka are costly and contribute to increased emission of greenhouse gases, organizations and industries in the country are actively participating in the expansion of small and medium renewable energy ventures within the country, resulting in growth beyond the boundaries of Sri Lanka. According to a recent report, the Government aims to generate as much as 80% of Sri Lanka’s power requirement from renewables by 2030.

Speaking on the 3rd edition of RE Growth Forum – Sri Lanka Chapter, Yogesh Mudras, Managing Director, for Informa Markets in India said, “Sri Lanka has been one of the fastest growing economies in South Asia in recent years and has seen a sharp rise in energy use and demand over the past decade as it transitions from a predominantly rural agricultural economy to an urban economy. The increasing economic growth has also resulted in a corresponding increase in demand for energy within the country, a demand set to rise with the country’s present service and manufacturing-oriented economy.”

“The country is steering towards a sustainable and alternate solution which is available within its boundaries through renewable energy resources. What it needs is the support and collaboration from the public and private sectors to boost the use of solar and hydropower.”

“Against this landscape, the Renewable Energy Growth Forum provides international attendees a platform to network, develop the knowledge arena, be informed on latest trends, best practices, and innovative solutions, engage in a balance technology mix and discuss the roadmap ahead. In just our 3rd edition we have seen the visiting delegation growth by 100 %. This year too, we look forward to fruitful collaborations and an unparalleled experience with our Sri Lanka Chapter.”

Today’s sessions will include: ‘Fuelling enterprises with smart energy solutions – the untold success story’; ‘Technology Transformation: CXO Dialogue’; ‘Learn it from experts: Best Practices you need to know!’.

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