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island.lk 01 Aug, 2022 00:15 am

Fueling a way forward for small and medium enterprises – The Island

Fueling a way forward for small and medium enterprises – The Island

Share Tweet Providing financial and technical assistance towards the switch to renewable energy technologies The United Nations Development Programme (UNDP) in Sri Lanka together with the Sri Lanka Sustainable Energy Authority (SLSEA) has commenced an initiative to strengthen rural economies, increase forest cover, improve the living standards of rural women, and sustainable industries and small and medium enterprises in the country, by increasing the growth of suppliers for clean and modern biomass technology in line with the energy policy.Around 40% of Sri Lanka’s primary energy requirements are met by biomass energy, which is a significant source of energy for both households and businesses.Sri Lanka’s economic crisis has led to hardships for households and businesses to source the required energy for production.Building on experiences, best practices, and lessons learned from Phase I, the Biomass Project Phase II – Biomass Energy 2022 is an initiative of the Sri Lanka Sustainable Energy Authority (SLSEA) together with the United Nations Development Programme (UNDP) in Sri Lanka.

The second of the training programmes for 50 SMEs was held recently in Kandy, Sri Lanka.Addressing participants at the workshop, Sampath Ranasinghe, Programme Coordinator – Energy and Waste, UNDP in Sri Lanka emphasized that “UNDP is committed to supporting SMEs to increase the use of renewable energy technologies through sustainable models for energy production.

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