Is solar energy a good source of energy in Cambodia?

Solar energy in Cambodia is the country’s second most promising clean energy source behind hydropower. Hydropower remains Cambodia’s most developed renewable energy source but also has its own challenges – such as yearly variability due to droughts and floods.

How much does solar energy cost in Cambodia?

One of the promising traits of solar energy in Cambodia is its cost. The average electricity price for solar power is around USD 0.03 per kW, significantly lower than that of coal, which is USD 7.7 per kW.

What are Cambodia's goals for solar energy?

With these opportunities in mind, the government has set ambitious targets for expanding solar energy in Cambodia, aiming to inject 2 GW of solar energy into the grid by 2030. This goal is supported by a range of policies designed to facilitate the growth of the solar sector, including incentives for investment and development.

Why is solar development important in Cambodia?

Solar development will increase investment in modernising the existing energy infrastructure. Plus, off-grid solar and micro-grids will help electrify rural regions that often face the largest energy access issues. Finally, Cambodia’s energy prices are some of the highest in the ASEAN.

Why did customers start installing solar systems in Cambodia?

However, customers started installing solar systems as the global cost of solar was rapidly declining. There were cases of EDC requiring rooftop solar systems to be removed or turned off, rumours about a new regulation. In January 2018, the Cambodian Government introduced a regulation for customers installing solar.

Where is a solar power plant located in Phnom Penh?

Located in Oudong District of Kampong Speu province, this solar PV power plant is a co-located combination of 60 MW and 20 MW developed by SchneiTec Renewable. The energy generated by these two power plants will be firstly supplied to the regional area, with an exceeded energy to be transmitted to Phnom Penh.