Cambodia solar power expansion and development
Cambodia’s solar power capacity is poised for substantial growth with the upcoming launch of a 60-megawatt (MW) solar power plant in Kampong Chhnang province. This development marks a significant milestone in the Asian Development Bank (ADB)-supported National Solar Park initiative, which seeks to bolster renewable energy across the country.
ADB-backed Cambodia solar power park initiative
The Asian Development Bank (ADB) has been instrumental in advancing Cambodia’s solar energy sector through the National Solar Park project. Initiated in 2019, this venture encompasses a 100-MW solar park in Kampong Chhnang. The first phase, a 60-MW plant, was completed by Prime Road Alternative Co. Ltd., a Thai company, and became operational in 2021. The second phase, also 60 MW, is anticipated to be operational by the end of 2024.
This solar park project represents a critical step in Cambodia’s strategy to diversify its energy portfolio and decrease its dependency on fossil fuels. With the backing of the ADB, the project has attracted international expertise and financing, facilitating the development of Cambodia’s renewable energy infrastructure.
The solar park is expected to generate clean electricity for thousands of homes and businesses, thereby reducing greenhouse gas emissions and aligning with the country’s climate objectives.
New Cambodia solar power projects underway
Beyond the solar park, Cambodia is also developing two additional solar power projects in Pursat and Svay Rieng provinces. Each of these projects boasts a capacity of 60 MW and is slated for completion by the end of 2024.
Once operational, these projects will further augment Cambodia’s clean energy capabilities and offer a dependable power source for local communities. They are integral to Cambodia’s comprehensive strategy to amplify its renewable energy capacity and shrink its carbon footprint.
The introduction of these new solar ventures will support Cambodia in meeting its burgeoning energy demand while curtailing its reliance on coal and other fossil fuels. Moreover, these projects are expected to generate employment and stimulate economic growth within their respective regions.
Cambodia solar power capacity continues to grow
Cambodia’s solar energy capacity has witnessed rapid expansion in recent years. According to ADB data, the country’s solar capacity reached 526 MW by the end of 2022. This growth has been fueled by a blend of government policies, international investments, and an increasing demand for clean energy.
The expansion of solar power in Cambodia mirrors a broader trend across Southeast Asia, where nations are increasingly adopting renewable energy to satisfy their energy needs. Cambodia’s solar capacity is predicted to continue its upward trajectory as more projects come online.
In addition to ADB-supported projects, Cambodia is also exploring other renewable energy options, such as wind and biomass. These initiatives are part of the country’s long-term energy strategy, which aspires to escalate the share of renewable energy in the national energy mix.
Cambodia’s dedication to renewable energy is further underscored by its involvement in regional and international initiatives aimed at promoting clean energy and combatting climate change.
Economic and environmental impact of Cambodia solar power
The expansion of solar power in Cambodia is anticipated to yield several economic and environmental benefits. The new projects are projected to create jobs in construction, maintenance, and operation, thus providing employment opportunities for local communities.
Moreover, the increased adoption of solar energy will help Cambodia decrease its greenhouse gas emissions, contributing to global efforts to address climate change. The environmental advantages of solar energy are noteworthy, as it produces no emissions during operation and has a considerably lower environmental impact compared to fossil fuels.
Economically, solar energy presents substantial benefits for Cambodia. The country has plentiful solar resources, which can be harnessed to produce electricity at a lower cost than imported fossil fuels. This can aid in reducing Cambodia’s energy import expenses and enhancing its energy security.
Furthermore, the growth of the solar energy industry in Cambodia can draw foreign investment and stimulate economic growth. By investing in renewable energy, Cambodia can position itself as a frontrunner in the green economy, paving the way for a sustainable future for its citizens.
