HNB PLC has established a strategic alliance with Hayleys Solar, a division of Hayleys Fentons Limited specializing in solar energy, by signing a Memorandum of Understanding (MoU). This agreement is aimed at promoting the broader implementation of solar energy solutions for both residential and Commercial & Industrial (C&I) clients. The signing took place at HNB’s Head Office, attended by senior executives from both companies.
This partnership will enable customers seeking financing through HNB to access top-quality solar energy solutions provided by Hayleys Solar, complemented by structured financing options tailored to customer needs. The initiative seeks to facilitate the adoption of solar energy by alleviating financial burdens and ensuring long-term affordability. Clients will enjoy flexible repayment terms of up to seven years, along with competitive interest rates based on their chosen repayment schedules. These financial offerings are designed to empower both households and enterprises to shift towards clean energy solutions with increased assurance and stability.
In addition to the immediate advantages for customers, this collaboration highlights the mutual dedication of HNB and Hayleys Solar to promoting environmental sustainability and enhancing energy resilience. By fostering a greater reliance on solar power, this initiative aligns with Sri Lanka’s national goals for renewable energy, which focus on strengthening energy security, lowering carbon emissions, and cultivating a more sustainable energy landscape.
Image Caption – Kanchana Karunagama, Senior Vice President/Head of Retail Banking at HNB, and Roshane Perera, Executive Director/Chief Executive Officer of Hayleys Solar, exchange the signed agreement, accompanied by representatives from both organizations.
Source: Financial Chronicle Biz English | Sri Lanka Business News.
