Business
Hayleys Solar introduces ‘PV-DG’ solution to help businesses with solar rooftops to optimise fuel usage and reduce costs
Hayleys Solar, the specialised renewable energy solutions arm of Fentons Ltd., recently introduced a state-of-the-art ‘PV–DG’ solution to the local business sector to help effectively utilize solar energy and minimize fuel costs. The fuel-saving system is specifically meant for businesses that have invested in solar rooftops but continue to face the challenges of increased diesel requirements for generators, amidst today’s drastic shortage and the price hikes.
It is designed to synchronize the solar PV systems with Diesel Generators with the help of a priority controller which can save up to 70% fuel costs depending on the loading of the generator. As the cost incurred for fuel continues to rise, it is estimated that this ‘PV-DG’ system will save businesses over LKR 152.00 per kWh as per the latest fuel prices and will help to significantly reduce and optimize fuel usage at a national level.
A key drawback of on-grid solar solutions is that the solar power system automatically switches off during a power cut, wasting the solar energy that could be generated during that period. Ensuring maximum utilisation of the power generated by the solar system during the power cuts without the use of a battery, the ‘PV-DG’ solution is perfectly designed to assist businesses to combat these energy and fuel-related challenges. The ‘PV-DG’ solution can be conveniently extended across most commercially available inverter brands.
Hasith Prematillake, Managing Director of Fentons Ltd., shared his thoughts on this latest solution. “As the power and fuel crisis in the country continues to prevail, it is imperative that we bring alternate, renewable energy solutions to businesses, helping to keep industries afloat and reduce dependency on diesel. As a responsible organisation with a focus on offering efficient energy solutions to our valued clientele, we introduced this ‘PV–DG’ solution to help businesses navigate this deepening energy and fuel crisis, sustaining their operations and productivity without hindrance.”
Backed by a thorough data monitoring via the cloud which enables remote monitoring to control the system, this ‘PV-DG’ solution controls the inverter output of the solar PV system. Engineered according to the latest German technology, the controllers are manufactured by a company which has successfully completed numerous high-end projects worldwide.
The controller also features protection against reverse power which is crucial for the synchronization of a system of this nature.
Roshane Perera, Chief Executive Officer of Hayleys Solar also commented on this latest introduction. “In the current crisis situation, this ‘PV-DG’ solution will help the local businesses with solar rooftops to sustain their operations effectively, as the constant power outages greatly impact the cost of electricity generation as well as the production of the solar-powered system. As the market leader of renewable energy solutions in Sri Lanka, we are committed to providing customized solutions that assist our valued customers during these difficult times and in the future.”
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”