WindForce Archives - Lanka Business News

November 18, 2024

WindForce PLC, Sri Lanka’s premier renewable energy developer, delivered exceptional results for the second quarter of the 2024/25 fiscal year, driven by a strategic focus on large-scale projects. EBITDA surged by 49% to LKR 4.22 billion compared to the previous year, reflecting robust cost management and a commitment to high-impact initiatives. As part […]

October 14, 2024

CFA Society Sri Lanka is pleased to announce that WindForce PLC has been selected as the subject company for its 18th annual CFA Institute Research Challenge Sri Lanka 2024/25. The CFA Institute Research Challenge is an annual global competition that promotes best practices and ethical standards in equity research among university students, offering them invaluable […]

August 25, 2024

In a meaningful contribution to the well-being of cancer patients and their families, WindForce has donated a 5kW rooftop solar system to the Apeksha Hospital Temple in Maharagama. This innovative project is expected to significantly lower electricity costs for the hospital’s hostel and ward complex, which provides crucial free Food & Accommodation for patients receiving […]

August 15, 2024

WindForce PLC, Sri Lanka’s leader in the renewable energy sector, has announced an outstanding financial performance for the first quarter of the 2024/25 fiscal year. The company reported a robust 87% surge in EBITDA reaching LKR 1.95 billion, a significant leap from LKR 1 billion in the same period last year. This remarkable growth highlights […]

February 8, 2024

08th February 2024: WindForce, the pioneering renewable energy developer in Sri Lanka, has made a significant announcement regarding its dividend for the fiscal year 2023/2024. The company revealed that it will be paying out a dividend of LKR 1 per share, amounting to a total dividend payout of LKR 1.35 billion. This latest dividend declaration […]

January 5, 2024

05th January 2024: WindForce PLC, a leading player in the renewable energy sector, proudly announces its remarkable achievement of the Joint Bronze Award at the SAFA Best Presented Annual Report Awards, Integrated Reporting Awards, and SAARC Anniversary Awards for Corporate Governance Disclosures Competition 2022. The esteemed event took place in New Delhi on the 22nd […]

November 15, 2023

15th November 2023: WindForce PLC is pleased to announce the appointment of Mr. Harin Udeshi as an Independent Non-Executive Director to the Board, effective November 8, 2023. This appointment marks a significant milestone for the company in the realm of renewable energy. Mr. Udeshi holds a bachelor’s degree in Electrical and Electronic […]

September 7, 2023

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06th September 2023: WindForce PLC achieved a significant milestone by officially signing the Power Purchase Agreement (PPA) for the development of the 10MW Kebitigollewa Solar Power Project. This momentous event marked the commencement of the project and was attended by key stakeholders, including N.S. Ilangakoon, Chairman of the Ceylon Electricity Board (CEB), […]

August 23, 2023

WindForce PLC – Sri Lanka’s leader in renewable energy, in partnership with Lakdhanavi – the leading Independent Power Producer (IPP) in Sri Lanka, and The Blue Circle – a Singapore-based investment firm focused on renewable energy, has formed a consortium set to embark on a transformative power generation project that will reshape […]

August 17, 2023

WindForce PLC, in collaboration with Lakdhanavi Ltd and The Blue Circle Pte Ltd, is set to undertake Sri Lanka’s largest private-sector renewable energy project. This is a 100MW Solar Power Plant with a Transmission Facility to be set up in Siyambaladuwa, Monaragala District. With a total investment of USD 152 million, this […]

WindForce Powers Ahead: Strong Growth and Strategic Focus in Q2 2024/25

CFA Society Sri Lanka Announces WindForce PLC as the Subject Company for the Local Competition of the CFA Institute Research Challenge Sri Lanka 2024/25

WindForce Enhances Community Support with the Donation of a Rooftop Solar System to Apeksha Hospital Temple

WindForce Soars to New Heights: Stellar Quarterly Performance

WindForce Declares Dividend of LKR 1.35 Bn for FY 23/24

WindForce PLC Clinches Joint Bronze Award at Prestigious SAFA Best Presented Annual Report Awards 2022

WindForce PLC Appoints Mr. Harin Udeshi as an Independent Non-Executive Director

WindForce Commence development of a 10MW Solar Power Project in Kebitigollewa

A Consortium of WindForce PLC, Lakdhanavi Ltd and The Blue Circle Pte Ltd Embarks on a Groundbreaking Renewable Energy Venture

WindForce Takes on Sri Lanka’s Largest Private Sector Renewable Energy Project