DFCC Bank partners with National Innovation Agency to support biogas technology in Sri Lanka
Sri Lanka's pioneer in financing renewable energy, DFCC Bank, has partnered with the National Innovation Agency (which was established following the parliamentary act 22 of 2019), to promote biogas technology.
DFCC Bank is the National Innovation Agency's financial services provider, and intends to broaden awareness about the possibilities of biogas.
Professor Ajith de Alwis, chief innovation officer at the National Innovation Agency, said: “Biogas has a triple benefit as waste becomes raw material, hence accomplishing recycling and sustainable disposal, while the output derived from that waste is transformed into a sustainable energy source and can also be used as an organic fertiliser.
"At the larger community and social level, it can help reduce energy costs and our carbon footprint while providing an effective and efficient method of waste disposal, often onsite or in the nearby vicinity.
"We hope to see this technology promoted further and popularised, which is why we have partnered with DFCC Bank.”