Cambodia Looks to Solar Power, But Remains Invested in Coal, Hydropower
The Ministry of Mines and Energy on Tuesday said it was looking to quadruple its current installed solar power output, even while continuing to invest in coal-fired plants and hydropower on smaller tributaries.
Cambodia hoping to produce oil this year, despite global slump
As the global price of oil craters amid the Covid-19 pandemic, Singapore-based KrisEnergy Ltd remains on track to extract the first drop of oil in the first half of this year, said a Ministry of Mines and Energy senior official.
Cambodia’s power project secures first guarantees from MIGA
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, has issued guarantees supporting the refinancing of existing power transmission infrastructure in Cambodia’s capital of Phnom Penh and its surroundings. The move paves the way for commercial funding to replace the facility previously offered by the Export-Import Bank of Malaysia.
ADB-supported solar project on the horizon
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.
Energy Lab’s stimulus plan for clean energy investment
Energy Lab has suggested two immediate “stimulus suggestions” to support clean energy investment easily.
Launch of heavy fuel oil power plant sees delays
The first phase of a $380 million 100MW heavy fuel oil power plant in Kandal province’s Lvea Em district has been delayed from this month until June, a Ministry of Mines and Energy spokesman told The Post on Thursday.
‘No plan’ to reduce electricity bills nationwide
Despite the reduction of electricity tariffs for factory workers suspended due to the COVID-19 pandemic, the Electricity Authority of Cambodia (EAC), the autonomous government agency responsible for managing and administering electric power in the country, has said that “a general plan for electricity bill reduction has yet to be raised.”
Sunseap’s solar energy offsets 58k tonnes of carbon emissions
Home-grown firm Sunseap has said that the solar power it generated last year made a huge impact on the environment – equal to planting nearly a million tree seedlings over a decade.
