{
  "id": 11561850,
  "title": "Sajith, French envoy discuss renewable energy investment",
  "url": "https://urgent.news/2026/10/02/sajith-french-envoy-discuss-renewable-energy-investment",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T23:45:31.000Z",
  "source": {
    "name": "The Island Sri Lanka",
    "slug": "the-island-sri-lanka",
    "url": "http://island.lk/sajith-french-envoy-discuss-renewable-energy-investment/"
  },
  "original_language": "en",
  "account": "Sri Lanka's Opposition Leader Sajith Premadasa engaged in a meeting with French Ambassador Rémi Lambert to discuss the renewable energy sector and potential investment opportunities. The gathering also included representatives from the local renewable energy industry, as well as French Embassy Economic Counsellor Philippe Foute and other notable stakeholders.\n\nPremadasa stressed the urgency of attaining Sri Lanka's renewable energy objectives, including the target of generating 70% of the nation's electricity from renewable sources by 2030. He revealed that industry representatives had expressed concerns over recent changes in payment and accounting methods for rooftop solar power, particularly the government's transition from net metering to a net-plus scheme. This policy shift, according to Premadasa, has introduced uncertainty among solar energy entrepreneurs and potentially impacted the sector's investment viability.\n\nPremadasa also highlighted the challenges faced by the renewable energy industry, such as delays in issuing permits for solar power projects and other regulatory obstacles. He emphasized the necessity of a consistent and stable policy environment to encourage investments in renewable energy sources.\n\nThe Opposition Leader further underscored the importance of stable electricity tariffs and consistent policies to attract foreign investment. He pointed out that Sri Lanka requires a continuous, reliable, high-quality, and affordable electricity supply to meet its growing energy demands.",
  "summary": "Opposition Leader Sajith Premadasa met French Ambassador to Sri Lanka Rémi Lambert yesterday (02) to discuss challenges facing the country’s renewable energy sector and opportunities to attract greater investment to the industry. The meeting was attended by representatives of the local renewable energy sector, French Embassy Economic Counsellor Philippe Foute, Political Officer Anna Bollecker and…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}