Cambodia exalta solar

Is rooftop solar power allowed in Cambodia?

One Window Web Portal. Reinforcing Cambodia’s commitment to increasing renewable energy’s contribution to the national power generation portfolio, the Ministry of Mines and Energy (“ MME ”) has issued Prakas No. 0159, Launching of the Principles for Permitting the Use of Rooftop Solar Power in Cambodia, dated 25 April 2023 (the “ RTS Principles ”).

Will solar power be a key part of Cambodia's Power Development Plan?

The country recently approved the Power Development Masterplan (2021–2040), covering an inspiring goal of increasing solar PV capacity to 1,000 MW by 2030 and 3,000 MW by 2040. Solar generation will need to be a key part of Cambodia's efforts to expand access to affordable power while also transitioning to cleaner energy.

Does Cambodia have solar power?

However, considering the country’s historical energy mix, the existing solar capacity appears positive. As of 2011, Cambodia had no solar power plants, and solar energy was not a part of the country’s energy mix. Cambodia’s current installed solar capacity is slightly over 400 MW, but the country is targeting 3.1 GW by 2040.

Can solar power help Cambodia achieve national electrification goals?

Searching for alternative options, Cambodia joins a growing list of national governments who have come around to seeing solar and other distributed, emissions-free renewable energy resources as a cost-effective means of achieving national electrification, as well as national and international climate change and renewable energy, goals.

Is solar energy a good investment in Cambodia?

Already, there is growing awareness about solar energy in Cambodia, providing an excellent investment opportunity —while also the cheapest way for Cambodia’s EDC to buy electricity. Solar power purchase agreements in the region reached a low of USD 0.0387/kWh.

Will Cambodia build a 100 mw National Solar Park?

Cambodia’s recent solar power tender is the first of a two-phase auction process that falls under development of a plan to build a 100-MW National Solar Park in Kampong Chhnang province.