In a landmark partnership, SINGER FINANCE has joined forces with Hayleys Solar, the renewable energy arm of Hayleys Fentons, to make premium solar technology accessible to customers with unmatched flexibility and affordability.This initiative empowers both households and businesses island-wide by enabling easy access to solar facilities with attractive financial terms. Through this collaboration, SINGER FINANCE customers gain exclusive access to Hayleys Solar’s solar panels— renowned for their efficiency, durability and the highest warranty coverage in the industry.

Customers will benefit from Hayleys Fentons top-tier technology and comprehensive engineering support, including detailed inspections and exceptional after-sales service. Added to this, SINGER FINANCE enhances the offering with attractive interest rates, flexible payment terms and additional customisable conditions, all backed by a speedy, personalised doorstep service that puts customer convenience first.

SINGER FINANCE CEO Thushan Amarasuriya said; “We’re happy to provide our customers the opportunity to access top-tier solar solutions affordably through this partnership. This offering aligns with our commitment to sustainability, helping households and businesses save on energy costs while supporting Sri Lanka’s environmental goals.”Hayleys Solar CEO Roshane Perera said; “We’re thrilled to partner with SINGER FINANCE, a trusted name with a loyal customer base that includes individuals and small to medium businesses across the island. This partnership allows us to empower their lifestyles and businesses with efficient energy solutions. Facilities like this shouldn’t be restricted by cost alone, which is why we encourage partnerships with finance companies that are trusted by communities, making these resources accessible to all.”

The partnership also marks a milestone moment for both companies, as SINGER FINANCE and Hayleys Fentons share a common legacy as part of the Hayleys Group—one of Sri Lanka’s largest conglomerates. Together, they contribute to the parent company’s broader vision of empowering the lives and communities of Sri Lanka with a sustainable, forward-thinking approach.This collaboration not only makes solar energy more accessible but also reinforces their mutual dedication to responsible business practices, providing Sri Lankans with affordable, reliable, and future-oriented energy solutions.

Hayleys Solar, the renewable energy arm of Hayleys Fentons, has equipped Sri Lankan families with the tools to take control of their energy needs.

Having recently introduced “Nayak Nowena Nayak,” an exclusive financial scheme designed to make solar power affordable for everyone, Hayleys Solar has now launched a savings calculator under the Nayak Nowena Nayak programme, providing an easy and transparent way to assess the potential savings of solar power, aiming to make the transition to solar accessible and beneficial for everyone.

 The ‘Nayak Nowena Nayak‘ provides people with the option of choosing a monthly loan instalment that is lower than their current monthly electricity bill. From the very first month, consumers/investors can start enjoying the savings generated by their solar power system, which can then be reinvested for other means towards their family’s future while enjoying free electricity for 20 years.  

This new calculator serves as a single, convenient source of information to understand the true financial benefits of investing in a solar power system, while allowing users to select the best package based on their electricity bills.

  • Step 1: Enter your current monthly electricity bill.
  • Step 2: Choose your electricity connection type.
  • Step 3: Select your preferred bank and loan tenure.

Once you hit submit, the calculator will provide a detailed package recommendation, including system capacity, expected monthly electricity generation, total investment, monthly loan instalment, and most importantly, your expected monthly savings.

By using this comprehensive tool, consumers can visualise the long-term financial benefits of switching to solar power.

To calculate the potential monthly savings and best-suited packages for investing through ‘Nayak Nowena Nayak’, visit https://loancalculator.hayleyssolar.com or contact 0112 102 102.

DFCC Bank has announced a new strategic partnership with Hayleys Solar, Sri Lanka’s leading solar power solutions provider and the renewable energy arm of Hayleys Fentons Limited. Investing in renewable energy, such as solar power, helps to reduce electricity costs while contributing to the national transition towards greener energy. Therefore, this collaboration is a timely move towards addressing the growing demand for sustainable energy solutions across the island. Accordingly, the bank is working with Hayleys Solar to provide DFCC Solar Loans, increasing accessibility for individuals and businesses looking to invest in solar power generation technology.

The Solar Loans packages offered by DFCC Bank for Hayleys Solar customers feature an attractive interest rate of 11.50%, fixed for five years, providing customers with a stable and affordable financial solution. Further enhancing the proposition is the option of a loan tenure extension for up to 10 years, allowing customers to make their solar installations more affordable while benefitting from Hayleys Solar’s exceptional technical expertise. With over a century of engineering and technical expertise and a reputation for excellence, Hayleys Solar delivers tailor-made, highly efficient solar power solutions to meet the growing energy needs of Sri Lankans.

Discussing the significance of the collaboration, Aasiri Iddamalgoda – Senior Vice President | Retail & SME at DFCC Bank, explained, “This partnership with Hayleys Fentons aligns with our mission to support the adoption of renewable energy through innovative financial solutions. With DFCC Solar Loans, we offer competitive financing that can empower individuals and businesses to embrace sustainable energy, reduce their reliance on traditional power sources, and ensure a stable and reliable energy source in the future. Strategic partnerships like this one are essential in paving the way for a more sustainable and energy-efficient future for Sri Lanka.”

Hasith Prematillake, Managing Director of Hayleys Fentons Limited, highlighted the significance of this partnership with DFCC Bank, emphasizing its role in supporting individuals and businesses transitioning to solar power. As part of the broader initiative, ‘ණයක් නොවන ණයක්’ (‘Nayak Nowena Nayak’), which provides customers with the opportunity to switch to solar energy through affordable, low monthly bank instalments that are lower than their current electricity bills. These savings reduce immediate energy costs and allow families to reinvest in their future, all while enjoying free electricity for the next 20 years, added Roshane Perera, Director/CEO of Hayleys Solar.

As energy costs continue to rise and Sri Lanka faces increasing demands on its electricity infrastructure, DFCC Solar Loans presents a forward-thinking, eco-friendly solution. Hayleys Solar’s unmatched expertise in solar power generation technology, coupled with DFCC Bank’s flexible and affordable financing options, thus provide a seamless and comprehensive approach to meeting Sri Lankans’ energy needs in a greener, more sustainable way.

The Commercial Bank of Ceylon and Hayleys Solar recently donated a photovoltaic solar panel power supply system for the use of the Sri Kavantissa Vocational Training Centre in Tissamaharama and the Tissamaharama Raja Maha Vihara.

The 40kW on-grid solar power system benefits the students receiving vocational training at the centre as well as devotees from all around the island that visit the temple, and helps the two institutions to reduce their electricity costs.

The donation by the two companies flows from a strategic collaboration between Commercial Bank and Hayleys Solar to provide concessionary terms under the Bank’s ‘Diribala Green Development Loan’ scheme for businesses to purchase solar power systems from Hayleys Solar with a number of exclusive benefits.

Pictured here at the donation of the solar power system are Commercial Bank Managing Director/CEO Mr. Sanath Manatunge, the Bank’s Chief Operating Officer Mr S. Prabagar, Hayleys Fentons Limited Managing Director  Mr. Hasith Premathilake and the Director General of the Tertiary and Vocational Education Commission Dr K. A. Lalithadheera unveiling the commemorative plaque.

Harnessing Sunshine in the hill country to offset 1Mn CO2 kgs

Martin Bauer Hayleys (Private) Limited has successfully strengthened its energy independence through a landmark collaboration with Hayleys Solar to install a 1273-Kilowatt peak (kWp) grid-tied solar photovoltaic (PV) system at their tea extract facilities in Hatton, Nuwara Eliya district. Currently, this accounts for the largest solar installation in the Nuwara Eliya District. Annually, the solar array is anticipated to produce 1486 MWh of electricity, offsetting over 1 million kgs of CO2 with a high-voltage metering system in place.

Although temperature and sunshine can affect the amount of solar energy produced, the installation at the Blinkbonnie and Ingestre Estates takes advantage of several technical benefits. Solar panels generate power from light energy, not thermal energy, allowing them to function efficiently even in cooler temperatures. Cooler conditions boost solar panel effectiveness, enabling electrons in photovoltaic cells to move more freely, resulting in a higher electric current.

This project benefited from both design optimisations and mild ambient temperatures, which enhanced energy yield. Two separate transformers ensured that each section of the distributed solar array operated at peak efficiency, maximising the use of available sunlight.

“We are proud to have partnered with Hayleys Solar to lead this transformative shift and are pleased with the substantial benefits we envisage to our company and the local community” said Athula Ranwala, CEO of Martin Bauer Hayleys. “The project will significantly reduce our environmental impact and showcases the economic viability of solar solutions in locations such as Hatton.”

Reflecting on the successful completion of the installation, Hasith Prematillake, Managing Director of Hayleys Fentons said, ” Through meticulous system design and planning to ensure optimal panel placement and performance, we have delivered a comprehensive, end-to-end solution for Martin Bauer Hayleys. We remain committed to harnessing the power of sustainable energy solutions, proving that even in mild climates like Nuwara Eliya, solar energy has a bright and promising future.”

“We are impressed with the thoroughness of Hayleys Solar’s design optimisation work,” said Susantha Marasinghe, General Manager of Operations, at Martin Bauer Hayleys. “Their expertise involved using two separate transformers to make sure that every part of the scattered solar project generates its maximum possible yield.”

Roshane Perera, Executive Director and CEO of Hayleys Solar highlighted the project’s significance, stating, “This project demonstrates that even in hill country, the solar systems perform well enough to give a significant return on investment, mainly due to the milder temperatures.”

Hayleys Solar’s proven track record and expertise in delivering turnkey solar solutions positions the company as a leader in Sri Lanka’s renewable energy landscape. With their commitment to providing exceptional service and comprehensive solutions, Hayleys Solar instills confidence in business customers seeking to embark on their own clean energy journey.

HNB PLC has renewed its partnership with Hayleys Solar, the renewable energy arm of Hayleys Fentons, to offer maximum value to customers seeking solar energy solutions.

The MoU was signed between the two parties at an event held at HNB Towers in the presence of HNB AGM – Head of Retail Banking, Kanchana Karunagama and Hayleys Solar, Executive Director / CEO, Roshane Perera.

“The transition to renewable energy is crucial for Sri Lanka’s sustainable future, and our renewed partnership with Hayleys Solar exemplifies this shared mission. It aligns with the nation’s sustainability goals and the bank’s sustainability and CSR policies, underscoring our continuing efforts to integrate sustainable development and responsible banking into HNB’s corporate agenda and operations. 

As the country’s partner in progress, we’re dedicated to supporting our community in this green initiative, helping them harness renewable energy and reach their fullest potential,” said Kanchana Karunagama, HNB AGM – Head of Retail Banking.

This initiative is part of Hayleys Solar’s new programme, Nayak Nowena Nayak, offering customers a low monthly bank installment that costs less than their current electricity bill. The savings from this lower payment can then be reinvested in their family’s future, while they enjoy free electricity for the next 20 years.

HNB customers will benefit from special pricing on solar solutions and preferential interest rates on personal loans for solar purchases. HNB credit cardholders can also enjoy attractive instalment plans, including 0 percent interest for up to 48 months on qualifying purchases.

“The renewal of our partnership with HNB underscores our shared commitment to supporting the renewable energy sector during this crucial phase of the nation’s efforts towards economic revival and environmental sustainability. We are confident that our top-quality products and superior after-sales services, combined with HNB’s internationally renowned financing, will greatly benefit individuals and businesses looking to transition to solar energy,” said Roshane Perera, Executive Director / CEO – Hayleys Solar. Hayleys Solar will offer extended warranty periods and specialized after-sales services for their solar products to further enhance the value provided to customers. The company has also committed to providing ongoing support and maintenance to ensure optimal performance of installed solar systems.

NDB Bank recently signed a Memorandum of Understanding (MoU) with Hayleys Solar, the renewable energy arm of Hayleys Fentons, recently to launch the “Solar Facilities under Aachara Pensioners’ Loan Scheme.” 

The signing marked the official partnership between the bank and Hayleys Solar, and was highlighted by the presence of key representatives from both NDB and Hayleys Solar, including the Pensions Director.

Pensioners play a vital role in the social fabric of Sri Lanka, having dedicated years of service to the country. Recognising their contributions, NDB is offering this unique loan facility to ensure they can lead a comfortable and eco-conscious retirement. All pensioners under the Department of Pensions in Sri Lanka can now apply for these solar loans, benefitting from a range of advantages designed to make their transition to solar energy seamless and affordable.

NDB’s solar loan facilities offer pensioners up to Rs. 4.5 million, which is a credit facility 100% funded by the bank, with a competitive interest rate. The loans come with a flexible repayment period of up to 15 years, subject to a maximum age limit of 75 years, ensuring manageable monthly payments. Additionally, there are no security requirements, making the application process straightforward and accessible. 

Importantly, the loan includes life insurance coverage, ensuring that in the unfortunate event of the borrower’s death, the loan will be fully settled by the insurer, providing peace of mind for the borrower and their family.

Hayleys Solar, a leader in renewable energy solutions, brings additional benefits to this partnership. Benefiters can also enjoy an attractive 12% discount on their solar units from Hayleys. Additionally, obtaining necessary approvals from relevant authorities and offering comprehensive after-sales services for the solar panels have also been streamlined, ensuring long-term efficiency and support. This initiative falls under Hayleys Solar’s new endeavour, the ‘Nayak Nowena Nayak’ program. 

The collaboration between NDB and Hayleys Solar aims to facilitate the adoption of renewable energy among pensioners while also aligning with global sustainability goals. By transitioning to solar power, pensioners can significantly reduce their electricity bills and carbon footprint. Additionally, there is also the opportunity to earn an additional income by selling the excess electricity generated back to the grid, contributing to a greener and more sustainable future for Sri Lanka.

The MoU being signed and handed over between the officials of NDB and Hayleys

In a significant step towards encouraging solar power adoption island-wide, Sampath Bank PLC and Hayleys Solar, the renewable energy arm of Hayleys Fentons, recently signed a Memorandum of Understanding (MOU) to provide an easy and affordable lending scheme for Rooftop Solar PV installation investments targeting residential, commercial, and industrial clusters. This initiative aims to encourage Sri Lankans to embrace solar power, yielding significant savings on electricity bills over the long run and contributing to a more sustainable environment.

Commenting on the collaboration, Ayodhya Iddawela Perera, Managing Director of Sampath Bank PLC, expressed enthusiasm about the partnership’s potential to drive the widespread adoption of solar power installations in Sri Lanka. She emphasised the bank’s commitment to supporting sustainable initiatives that align with the nation’s renewable energy goals.

Hasith Prematillake, Managing Director of Hayleys Fentons, highlighted the importance of forging strategic alliances to accelerate the transition towards clean energy solutions. He emphasised Hayleys Solar’s dedication to delivering high-quality solar products and services while leveraging Sampath Bank’s financial expertise to make solar power accessible to all.

Key representatives from both Sampath Bank PLC and Hayleys Solar attended the MOU signing ceremony, symbolising their shared commitment to fostering a greener and more sustainable future for Sri Lanka.

This initiative falls under Hayleys Solar’s initiative ‘Nayak Nowena Nayak’, allowing customers to pay a low monthly bank installment that is less than their current monthly electricity bill. As a result, the savings after paying the bank installment could be invested in their family’s future while enjoying free electricity for 20 years. For more information on how to get started, contact Hayleys Solar on 0112 102 102.

Launch of the children’s storybook, “Sunflower and the Bee” at Colombo International Book Fair
Special book-reading session led by Chairman on Children’s Day

Hayleys Solar, the renewable energy arm of Hayleys Fentons launched a children’s storybook, “Sunflower and the Bee” in Sinhala, Tamil and English at the International Book Fair (BMICH) recently, in celebration of International Children’s Day.

The book is an initiative by Hayleys Solar to raise awareness about the benefits of solar power for young readers, creating awareness about ‘Solar Power – The Task at Hand’, to instil a sense of responsibility through a call to action.

Speaking at the launch event, Managing Director of Hayleys Fentons, Hasith Prematillake stated, “With the launch of this children’s book on solar power, we aim to inspire the next generation to embrace sustainable energy solutions and ignite their curiosity about our planet’s future. We want to empower our children with the knowledge and desire to build a sustainable future for our beautiful country.”

According to Roshane Perera, CEO of Hayleys Solar, “The book educates children on sustainable solutions to energy difficulties, helping them understand solar power, and inspiring environmental stewardship among the future leaders of our nation.”

The first copies of “Sunflower and the Bee” were presented by the Managing Director, Hasith Prematillake, to Samantha Indivara Samarasinghe (President of the Sri Lanka Book Publishers Association); Chandu Haputhanthri (Vice President of the Sri Lanka Book Publishers Association); Namal Rathnayake (Vice Principal of Ananda College), and to groups of school children over the course of the event. Up to 10,000 copies of the children’s storybook have been released.

A Digital Version of “Sunflower and the Bee” is also available at https://youtu.be/QfVVTIfo8h0. A notable highlight of these animations is that the story characters have been voiced by the children of Hayleys Fentons’ employees.

Hayleys Fentons celebrated World Children’s Day by hosting an engaging event for the children of its employees, filled with fun activities. A key highlight was Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC, reading the “Sunflower and the Bee” storybook to the children before handing over copies together with Hayleys and Hayleys Fentons officials.

The Children’s Storybook can be obtained for free by presenting your electricity bill to Hayleys Solar’s Sun Studio during the International Book Fair held at BMICH.

Hayleys Solar, the renewable energy arm of Hayleys Fentons, is one of the most trusted service providers for solar power in Sri Lanka, specialising in renewable energy and energy storage solutions for domestic, commercial and industrial requirements.

Launch event for the children’s storybook “Sunflower and the Bee” at the International Book Fair (BMICH), celebrating International Children’s Day.

 For more information, please contact Hayleys Solar on 0112 102 102.

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