David Pieris Renewable Energy (Private) Limited (DPRE), marketer of David Pieris Solar and the renewable energy arm of the David Pieris Group, has entered into a strategic Memorandum of Understanding (MOU) with Hatton National Bank PLC (HNB) to promote the adoption of solar energy solutions among customers in both the domestic and Commercial & Industrial (C&I) sectors seeking HNB loan facilities.
The MOU was officially signed at the HNB Head Office in the presence of senior representatives from both organisations, including Mr. Kanchana Karunagama, Senior Vice President – Head of Retail Banking; Mr. Sanjay Wijemanna, Senior Executive Vice President – Chief Operating Officer; and Mr. Asitha Fernando, Manager – Personal Financial Services from HNB, together with Mr. Samantha Silva, Director; Mr. Lahiru Vitharana, General Manager – Finance, Strategy & Operations; Mr. Prasanna Dissanayake, Assistant General Manager – Sales & Marketing; and Mr. Dilshan Jayasinghe, Manager – Planning & Operations from DPRE.
Through this collaboration, customers will gain access to high-quality and reliable solar power solutions offered by DPRE, supported by convenient and trusted financing facilities from HNB. For domestic solar solutions, loan values will range from LKR 500,000 to LKR 7,000,000, while C&I project financing will be structured based on individual customer requirements and project scope.
The loan tenure will extend up to seven (7) years, with competitive low interest rates that vary according to the selected repayment period. This flexible financing structure is designed to enable a smooth, affordable, and transparent transition to renewable energy for households, businesses, and industrial customers across Sri Lanka.
By combining the David Pieris Group’s trusted 40-year legacy with DPRE’s strong technical expertise, proven industry track record and end-to-end solar solutions, alongside HNB’s extensive banking network and financial strength, the initiative is expected to significantly accelerate solar energy adoption nationwide.
This collaboration strongly aligns with Sri Lanka’s national energy objectives, including the target of generating 70% of electricity from renewable sources by 2030 and achieving carbon net-zero by 2050, reinforcing both organisations’ shared commitment to sustainable development and a greener future.
Contact 0114700 440 for more details or visit www.dpre.lk
