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SL stands very good chance of attracting investments for renewable energy projects: German Ambassador

by Sanath Nanayakkare As the beginning of the end of fossil fuels has definitely started across the world and Sri Lanka has the renewable energy resource potential backed with the government’s policy framework to enhance the share of national grid renewables, the country stands a very good chance of attracting foreign investments and partnerships for renewable energy projects, the German Ambassador to Sri Lanka and the Maldives Holger Seubert said addressing a virtual meeting yesterday. ” Sri Lanka has an ambitious plan of 100% electricity generation through renewable energy by 2050 as an important signal for accelerated climate action and it has ideal conditions to achieve it. As Germany has already left its niche in Renewables, it can partner with Sri Lanka in this exercise on a long term fruitful cooperation,” the German Ambassador said.

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