Since Sri Lanka is a tropical island with plenty of sunlight and wind, it can definitely outbeat any other country in the region in the production of renewable energy, Conference and Exhibition Management Services Global Operations Group Director S.S. Sarwar told the Daily News Business.
In renewable energy production, Sri Lanka is behind even Bangladesh. People s awareness in renewable energy production will be important for Sri Lanka. The Government should also further encourage public and private partnerships, he said.
Renewable energy is what Sri Lanka can get free and with a little effort since the speed of the wind and sunlight in Sri Lanka is favourable for the production of renewable energy.
The second exhibition on energy to be held in Sri Lanka it is hoped will attract the attention of many investors to the country.
Many international forerunners in the industry will participate in the exhibition.
They will not only come here to participate but look for investment opportunities. Millions of dollars can be earned by Sri Lanka using these resources meticulously, Sarwar said.
He said the Government should encourage production of renewable energy by popularizing it among the ordinary people. Since the economy of Sri Lanka is booming, opportunities to accelerate the production of renewable energy will be immense, he said.
Energy is an important factor in the development of a country and Sri Lanka should eye opportunities in renewable energy.