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.

Why do Cambodians need solar energy?

Almost 80% of Cambodians live in rural areas with limited access to clean and affordable energy. The EU promotes sustainable consumption patterns and changes behaviours by supporting micro, small and medium-sized companies (MSMEs) to switch to solar energy sources. Rural Cambodia is dependent mainly on polluting energy 1.

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.

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 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.

What can we learn from the switch to solar project?

Lessons learnt from the SWITCH to Solar project: This project facilitates the mutual understanding of companies providing solar solutions with small rural businesses in the agri-fisheries sector, while creating the right environment for clean energy in Cambodia. So, what can we learn from this experience?