ADB, EDC Sign Mandate for 2 GW Solar and Battery Storage
The Asian Development Bank (ADB) signed a transaction advisory services mandate with Cambodia''s national utility company Électricité du Cambodge (EDC) to support
In March 2023, Cambodia launched the “Principles for Permitting the Use of Rooftop Solar Power,” to regulate rooftop solar installations which was later updated in 2024. The rooftop solar installation quota for 2025 is 30,000 kWac (30 MW), with a tiered compensation tariff structure based on system size.
Major sources of local power generation are hydro and coal. Other sources include solar, fuel oil, and biomass. In addition to local power generation, Cambodia also buys electricity from neighboring countries, especially during the dry season.
The Electricity Authority of Cambodia (EAC) predicts that the total installed capacity will increase to 6,044 MW of electricity in 2025. Cambodia generated 1,796 MW from hydropower plants, 1,300 MW from coal-fired plants, 400MW of its energy from fuel oil, and 827 MW from solar.
The Cambodian government has stated in its PDP that it will need $9 billion of investment to develop new power plants and expand the national grid, of which $2.5 billion has been approved between 2022 and 2025.
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