In a bid to promote sustainability across its organization, Alliance Finance Company PLC (AFC) recently partnered with Regen Renewables (Pvt) Ltd. to implement a solar power initiative across its branch network. This collaboration will result in the commissioning of 173kW of solar power through Regen Solar’s innovative and eco-friendly solutions.
As a pioneering financial institution in Sri Lanka, AFC is committed to enhancing its sustainability footprint. By transitioning to renewable energy, the company aims to reduce its carbon emissions and contribute to the country’s broader environmental goals. Regen Renewables, a leader in the solar energy sector, is known for its flagship brands Sunways Inverters and DAS N-type PV modules, which feature cutting-edge solar technology designed to promote long-term energy efficiency and offer the lowest degradation available in the market.
The newly installed solar power systems will help AFC significantly reduce its energy costs. By adopting these renewable energy solutions, AFC continues to lead by example in the financial industry, supporting Sri Lanka’s ambitious goal of achieving carbon neutrality and demonstrating how private sector collaboration can make a lasting impact on the environment. This partnership is therefore a testament to both companies’ dedication to sustainable development and environmental responsibility.
In a joint statement, the leaders of both AFC and Regen Solar expressed their commitment to creating a more sustainable future. “Our partnership with Regen Solar is not just about powering our branches with renewable energy; it is a step forward in our long-term sustainability strategy. We are proud to contribute to the fight against global warming and to inspire other companies to follow suit,” said Deputy Chairman and Managing Director of Alliance Finance Company PLC, R.K.E.P. De Silva.
Regen Renewables echoed this sentiment, emphasizing their mission to bring renewable energy solutions to the forefront of Sri Lanka’s business landscape. “In a time when industries across the globe are prioritizing environmental sustainability, it’s imperative for businesses in Sri Lanka to follow suit. Through this new venture, we are demonstrating how businesses can come together to champion environmental sustainability and work towards a cleaner, better future. We believe that transitioning to renewable energy is not only necessary in combating climate change but also a smart business decision that leads to long-term cost savings and energy independence,” added Dr. Lakmal Fernando, Managing Director/CEO of Regen Solar.
Through this collaboration, AFC continues to strengthen its position as a sustainability-driven organization while reinforcing the importance of renewable energy in the fight against climate change.
