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.

What are Cambodia's goals for solar energy?

With these opportunities in mind, the government has set ambitious targets for expanding solar energy in Cambodia, aiming to inject 2 GW of solar energy into the grid by 2030. This goal is supported by a range of policies designed to facilitate the growth of the solar sector, including incentives for investment and development.

Why are Cambodians investing in solar energy?

Cambodian households and businesses are also increasingly investing in behind-the-meter (BTM) solar energy systems as they’re much easier and faster to deploy and costs are lower than utility grid rates, market analysts highlight. Photovoltaic electricity potential in Cambodia. © 2017 The World Bank, Solar resource data: Solargis.

How does Cambodia generate electricity?

In addition to hydroelectric power generation, which accounts for well above half of national power capacity, Cambodia relies heavily on coal and other fossil fuels, increasingly liquid natural gas, for electricity generation and continues to subsidize exploration, production and consumption.