LOLC lights up with Green Energy

Minister of Power and Energy Patali Champika Ranawaka commissioning the Grid Connect Solar System installed at LOLC head office in Rajagiriya. Chairman Ceylon Electricity Board Vidya Amarapala, and Deputy Chairman of LOLC Group Ishara Nanayakkara, are also in the picture.

Lanka ORIX Leasing Company (LOLC) has opted to go green with its Grid Connect Solar System bringing in the new dimension of environmental sustainability to the local financial services industry. This solar system installation was officially commissioned by Minister of Power and Energy, Patali Champika Ranawaka, at a ceremony held at the LOLC Head Office in Rajagiriya recently.

The mega 48KW Grid Connect Solar System successfully contributes to 15percent of the company's daily energy requirement significantly reducing the dependency on power from the national grid.

The system which was designed, installed and commissioned by Access Solar Pvt. Ltd. is the largest installation of its kind in a financial institution in Sri Lanka. This system contains solar cells which are made up of eight arrays with eight inverters, which contain an individual capacity of 6KW. The setting up of this Grid Connect Solar System will be a source of energy to the Company's daily electricity requirements.

By switching to renewable energy, LOLC has demonstrated its commitment towards environmental conservation in the wake of the recent global climate change that has made a vast impact in both local and global spheres. It is hoped that this undertaking will encourage other corporates to follow in integrating sustainable development as an important requirement in their organisations' institutional operations.