Will solar power boost Cambodia's energy share?
Phnom Penh, Cambodia — Cambodia is on track to significantly boost its solar energy share, with new figures projecting solar to make up 7% of the country’s electricity supply by . This equates to a total installed capacity of 530.14 megawatts (MW) —a major leap from 3.2% in and 4.6% in .
Why is solar energy important in Cambodia?
Solar energy in Cambodia is becoming an increasingly important part of the country’s long-term energy and climate change mitigation strategy. Solar power in Cambodia currently only makes up around 7% of the country’s energy mix, significantly lagging behind hydropower and non-renewable sources.
How much does solar energy cost in Cambodia?
One of the promising traits of solar energy in Cambodia is its cost. The average electricity price for solar power is around USD 0.03 per kW, significantly lower than that of coal, which is USD 7.7 per kW.
Is Cambodia a good place to invest in solar energy?
Cambodia has one of the highest solar energy potentials in the region. The country plans to significantly scale up capacity in the coming decades to strengthen the energy grid and reach its net-zero emissions goals.
Is Cambodia a solar power hotspot?
Cambodia’s geographical location and climate conditions position it as a solar power hotspot with potential that surpasses many of its regional neighbours. Studies show that the country receives a daily solar irradiance of 5 kWh per square m and an average of eight hours of sunlight daily.
How big is Cambodia's energy capacity?
This equates to a total installed capacity of 530.14 megawatts (MW) —a major leap from 3.2% in and 4.6% in . The rapid expansion demonstrates the country’s serious commitment to clean energy, as Cambodia continues to reduce its reliance on fossil fuels, particularly coal. The journey has been steep but focused:
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