clock December 24,2023
DFCC Bank and CodeGen partner for sustainable energy solutions

DFCC Bank and CodeGen partner for sustainable energy solutions

DFCC Bank PLC has recently entered into a Memorandum of Understanding (MoU) with CodeGen Sustainable Solutions (Private) Limited – a respected solar power generation solutions supplier.

This partnership marks a significant step towards addressing the growing demand for electricity in Sri Lanka through innovative solar energy solutions and is in line with the duo’s shared commitment to supporting sustainable development through practical financial and energy solutions that benefit individuals, businesses, and the environment.

Accordingly, DFCC Bank now offers a financially accessible and attractive pathway to reduce dependence on traditional energy sources and lower electricity costs for customers choosing CodeGen’s solar power solutions.

The competitive solar loan packages DFCC Bank provides for CodeGen customers offer an attractive 11.50% fixed interest rate for five years. Additionally, customers can extend the loan tenure for up to ten years, providing a reliable long-term financial solution to reduce electricity costs while contributing to the growth of sustainable energy in Sri Lanka.

This is further strengthened by CodeGen’s array of world-class tailored solar energy solutions, optimised for efficiency and backed by 20 years of business experience.

DFCC Bank Senior Vice President of Retail and SME Aasiri Iddamalgoda stated; “Our collaboration with CodeGen Sustainable Solutions exemplifies our commitment to supporting sustainable energy adoption by leveraging strategic partnerships. Offering competitive Solar Loans, we aim to empower individuals and businesses to take control of their energy consumption and reduce their reliance on traditional electricity sources. Partnerships like this are thus critical steps towards a greener, more energy-efficient future for Sri Lankans.”

As Sri Lanka faces growing challenges related to rising energy consumption and electricity costs, DFCC Solar Loans provides a future-facing, environmentally responsible solution that aligns with the global shift towards sustainable energy.


Source:Daily News

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