DFCC Bank partners with National Innovation Agency to support adoption of biogas technology

Understanding the potential of the technology for sustainable energy generation, DFCC Bank, Sri Lanka’s pioneer in financing renewable energy, has joined hands with the recently established National Innovation Agency, which was enacted by the parliamentary Act No. 22 of 2019, to promote biogas technology, as the Agency’s financial services provider, and to create broader awareness about this sustainable alternative.

Professor Ajith de Alwis, Chief Innovation Officer at the National Innovation Agency said, “Biogas has a triple benefit as waste becomes raw material, hence accomplishing recycling and sustainable disposal, while the output derived from that waste is transformed into a sustainable energy source and can also be used as an organic fertilizer. At the larger community and social level, it can help reduce energy costs and our carbon footprint while providing an effective and efficient method of waste disposal, often onsite or in the nearby vicinity. We hope to see this technology promoted further and popularized, which is why we have partnered with DFCC Bank.”