Ceylinco Life has broken new ground in the sphere of eco-friendly operations with the installation of the biggest solar electricity system in the city of Colombo to date.
The life insurance leader has announced it is converting its head office building in Colombo 5 to solar power, with a system capacity of 63.18kW.
To be completed in August 2016, the project will result in an annual reduction of 65 tons of CO2 emitted to the environment as a result of consumption of power from the national grid and thermal power generators, the company said.
The solar power plant at the company’s head office is expected to generate a saving of 7,200 units of electricity per month.
“Even though we do not consume as much electricity as a manufacturing company, we have made a firm commitment to maximise the use of renewable energy as part of our obligations to the principle of sustainability,” Ceylinco Life Managing Director/CEO R. Renganathan said. “Already, all new branches constructed on company-owned land are designed to be Green buildings and are powered by solar energy, significantly reducing their carbon footprint.”
Among the Ceylinco Life branches already using solar power are Kurunegala, Batticaloa, Ratnapura, Trincomalee, Bandarawela and Wennappuwa. Together, they contribute to a reduction of 52.5 tons of CO2 per year. These buildings are designed for optimal use of natural light and also have facilities for rainwater harvesting.