📈 Pan Asia Bank Part-Finances Sri Lanka’s First Utility-Scale Battery Energy Storage Project

• Project Details: Pan Asia Bank has provided part-financing for a landmark 10 MW/40 MWh Battery Energy Storage System (BESS) facility recently commissioned in Galle. • Key Stakeholders: Developed by Galilee BESS Ltd., a subsidiary of WKV Hydro Technics Ltd., in partnership with Singapore-based Khen Energy Ltd. • National Context: Introduces utility-scale battery energy storage to Sri Lanka, enhancing national energy infrastructure and advancing the country's transition toward sustainable energy solutions. • Strategic Focus: Highlights the banking sector's growing commitment to renewable energy and long-term infrastructure development through green financing.