Solar power is a promising solution for Cambodia''s energy needs, given its potential for developing cost-effective, reliable, and clean energy systems. The article "The Future of Solar Power in Cambodia''s Energy Market" showcases
Phase I of the National Solar Park in Cambodia, with a capacity of 60 MW, recently completed construction and connected to the national grid, reaching a record-low price for utility-scale, grid-connected solar PV in
The Cambodia Energy Outlook estimates an increase by 7.5 times from 2015 to 2040. According to Cambodian authorities, electricity demand in the Cambodia''s first utility-scale solar PV
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
A bottom-up energy transition is happening in Cambodia where farmers and business owners in rural areas have adopted solar power to improve their productivity and incomes. But a stronger policy push from the
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.
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.
Even though renewables now make up most of Cambodia’s energy, bigger ambitions are ahead. An additional 495 megawatts (MW) of electricity generation from seven solar power plants will be online by 2023. This will boost solar power’s share to 20% of installed power capacity.
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.
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.
Solar power purchase agreements in the region reached a low of USD 0.0387/kWh. Finally, solar can also change the lives of rural communities by providing a reliable and sorely needed energy solution. Going forward, Cambodia has potential.
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