If you can't view this e-mail, please click here
 

       
  SOLAR POWER PROJECTS HEATS UP IN CAMBODIA
 
     
   
     
  As part of the Cambodian Government initiatives under its Sustainable Development Goals (2016-2030), renewable energy in particular solar power has gained momentum. Recent developments include:  
     
 
  1.   The recently completed 60 mW solar station located in Battambang province’s Thma Koul district has started power generation and been linked power to the grid, according to Electricite Du Cambodge (EDC). The station, invested in by Risen Energy Co Ltd, is among four solar projects that the Cambodian government approved in 2019.

The other three stations are a 30mW plant in Banteay Meanchey province, a 60mW solar station in Pursat province and a 20mW station in Svay Rieng province.Victor Jona, director-general of Energy at the Ministry of Mines and Energy said this is a further step in Cambodia’s power generation being increasingly derived from mixed sources, particularly renewable ones such as solar.

The three solar stations yet to come on-line are all scheduled to begin generating power this year, he said. Cambodia’s existing operational solar power stations include a 10mW and 5mW solar farm in Bavet city, Svay Rieng province, an 80mW solar station in Kampong Speu province and a 60mW solar station in Kampong Chhnang province.
       
  2.   RHB Bank Cambodia signed financing collaboration with PRESTECH for a large scale solar farm as part of the green financing commitment by the wider RHB Banking Group to extend 5 billion Ringgit or 1.2 billion US Dollars by 2025 to support green activities promotes Environment, Social and Governance activities.

Meanwhile, the Managing Director and Group CEO of PESTECH, Mr. Paul Lim Pay Chuan was pleased to announce their collaboration and expressed appreciation for the support. Even highlighting their latest corporate accomplishment by adding, “Our latest breakthrough is the ability for us on a group level to secure and own a large scale solar farm in Bavet City, Cambodia, where we install a 20 megawatts solar farm that projects the group towards building up a renewable energy solar farm in Cambodia.”
       
  3.   B.Grimm Power Plc (BGRIM)’s solar farm in Cambodia has received an award this year for “Best New Utility of Its Kind” from the UK-based International Finance Magazine (IFM).

The award highlights the cutting-edge technology of the company’s 39-megawatt solar photovoltaic facility in Banteay Meanchey province and its commitment to developing clean energy for a better tomorrow.

Harald Link, chairman and president of BGRIM, hailed Cambodia’s award-winning solar power facility as a success as it was completed on schedule despite the Covid-19 pandemic and natural disasters taking place in the construction area in 2020.

The output from the solar farm has been supplying the state-run electricity utility Electricite Du Cambodge’s grid since December 2020 under a 20-year agreement. It is the first solar energy project in Cambodia that has secured a firm power supply guarantee from the Cambodian government.
 
     
  It is time to harness the rapidly growing solar market in Cambodia and take your stand at CAMENERGY 2022Cambodia’s No.1 Energy Industry Show from 6-8 September 2022 at Koh Pich, Phnom Penh. For more information on booking your booth, contact Ms Somaly at somaly@ambtarsus.com today.  
     
 
 
 
     
 


Add us to your address book


Stay connected with us:



Copyright © 2021 AMB Tarsus Sdn Bhd. ALL RIGHTS RESERVED.
Click here to unsubscribe or manage your email preferences.