cellcard cellcard

ADB-supported solar project on the horizon

Chea Vannak / Khmer Times Share:
The 60 mW solar farm in Kampong Speu province. EDC

A 60-megawatt solar station, supported by a $7.64 million loan from Asia Development Bank (ADB) is scheduled to be built later this year in Kampong Chhnang province, north of Phnom Penh.

Thailand-based Prime Road Alternative Co Ltd won the contract for the build, with a record-breaking bid of $0.3877 per kilowatt-hour, the lowest tariff for energy ever recorded in Southeast Asia.

Victor Jona, director-general of Energy at the Ministry of Mines and Energy said earlier this week that the company has taken its time to make proper preparations since the winning bid was announced last year.

“We expect them to break ground on the project this year but can’t give any specific date yet,” he said. “However, generation of power is slated for 2021.”

The 60 mW project is part of a 100 mW National Solar Park and is structured as a public–private partnership. The nation’s leading power supplier, Electricite du Cambodge (EDC) is providing the land and transmission access, while the private sector will provide power generation capacity based on a long-term power purchase agreement with EDC.

The project marks the first phase of the solar park, which was put out to tender to independent power producers in two phases. The second phase – for the remaining 40 mW – has yet to be actioned.

Cambodia currently produces 150 mW of clean energy from three solar stations: a 10 mW solar farm in Svay Rieng province, a 80 mW solar facility in Kampong Speu province, and another existing 60 mW solar station in Kampong Chhnang province.

The Cambodian government envisions that 15 percent of all energy produced in the Kingdom will come from solar panels by 2020.

Previous Article

Remaining open businesses claim financial losses

Next Article

Cambodia drops 8 places in Economic Freedom Index