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Community solar projects are transforming energy access in Sri Lanka’s off-grid villages. These initiatives pool resources to install shared solar grids, providing affordable electricity to households without individual systems. By decentralizing energy production, communities reduce dependence on diesel generators and kerosene lamps. Success factors include Collaborative funding through microloans and NGO partnerships. Local training programs that teach maintenance skills, creating jobs. Scalable designs allowing gradual expansion as demand grows. In regions like Monaragala, solar-powered irrigation systems have boosted agricultural productivity, while schools use solar energy to power digital classrooms. These projects often integrate energy-efficient appliances, such as DC fans and LED lights, to minimize consumption. Government grants for rural electrification and private-sector partnerships are accelerating deployment. For example, hybrid systems combining solar and wind ensure co...

As interest rates in Sri Lanka continue to climb, it’s crucial to adopt strategic measures to protect and grow your wealth. With the right financial tools, you can capitalise on the high-rate environment while safeguarding your assets from inflation and market volatility. SDB Bank offers several options that help you navigate this economic shift effectively. High interest rates in Sri Lanka create opportunities for fixed-income investments like fixed deposits (FDs), which lock in competitive rates for a set term. SDB’s Upahara FD, for example, offers special benefits for senior citizens, while regular FDs start at just Rs. 10,000, making them accessible to a wide range of investors. These FDs help shield your capital from the unpredictability of the market, ensuring that your savings remain secure while generating predictable returns that can outpace inflation and preserve your purchasing power. Reinvesting the interest earned from these deposits further compounds your wealth, enhanci...