One Million Solar Panels To Be Installed In Households By 2025

Chairman of the Strategic Entrepreneur Management Agency Ashoka Abayagunawardena says about one million solar panels will be installed in the households in the island by 2025. The aim of this mission is to increase use of renewable energy in the country. Each household will be provided a loan of 200,000 rupees to purchase solar panels.

50 percent of the interest of this loan will be paid by the government. Mr. Abayagunawardena revealed these facts in a media briefing held in Colombo today. He further said that there is a power crisis in the country at present and the demand for power is increasing five percent annuall


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