LOLC is a leading player in introducing rural communities to renewal energy. In Sri Lanka over 15-20 per cent of rural communities have no access to grid electricity. Dependent on kerosene and paraffin lamps for night light, rural communities are often devastated by kerosene and paraffin related accidents that lead to not only destruction of property but also to that of life.

By successfully gaining the preferred financial institution status for World Bank's Renewable Energy for Rural Economic Development (RERED) Grant, LOLC has grown to be the largest private sector financier of solar home systems in Sri Lanka. To date the Group has financed over 11,652 solar systems to rural families who are predominately engaged in agricultural activity.

In 2007/2008, LOLC invested in a 51 per cent stake of Sundaya Lanka Ltd. which is a fully owned subsidiary of Sundaya International, a reputed manufacturer of solar components. Sundaya Lanka Ltd. is the largest solar panel service provider in Sri Lanka which ensures a long term sustenance of people's dependence on solar as opposed to a short term financing solution.

The Group's involvement in solar lighting has given new light to thousands of rural families, minimized the human-elephant conflict and created pervasive commitment towards renewable energy as an alternative energy form.