The tender for a 60-MW solar project in Cambodia has resulted in a bid of USD 0.03877 (EUR 0.035) per kWh, which is currently the lowest solar power purchase tariff in Southeast Asia.
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Dr Sajith, who is Chairman of the EuroCham''s Green Business Committee, and General Manager at Chip Mong Insee Cement Corporation, estimated that power demand in Cambodia is set to quintuple by 2040 from
Solar power in Cambodia currently only makes up around 7% of the country''s energy mix, significantly lagging behind hydropower and non-renewable sources. However, considering the country''s historical energy mix, the existing solar capacity appears positive.
Dr Sajith, who is Chairman of the EuroCham''s Green Business Committee, and General Manager at Chip Mong Insee Cement Corporation, estimated that power demand in Cambodia is set to quintuple by 2040 from current levels, meaning energy transition needs to occur as Cambodia increases power generation.
Solar power capacity has been on a sharp ascent in Cambodia recently, increasing at a 10% annual rate from less than 1% of national generation capacity, however. Some 400-MW of solar-fueled power capacity is now connected to the national grid,
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Today, Cambodia''s domestic energy mix is largely dominated by hydropower and coal, which respectively account for 46% and 48% of supply. Meanwhile, solar arrays in the sun-drenched kingdom currently provide just about 5% of the country''s electricity.
Acquiring your very own solar panel in Cambodia isn''t hard. Go to any of the many local markets around the country and you''ll have plenty of opportunity to purchase a PV panel, some retailing for as low as $5.
February 2020 – EAC tariff confirmed, almost identical to EAC consultation tariff – Solar customers pay capacity charge, fixed energy rate and no access to off peak rate. All other customers can choose to have a capacity charge with time of
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.
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.
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.
At the end of April, the nation's Ministry of Mines and Energy published a document, “ Principles for permitting the use of rooftop solar power in Cambodia ” that outlines new principles to streamline the permitting process of rooftop PV. It proposes the replacement of actual capacity charges with new tariffs and quotas for installations.
The Cambodian government has said it will increase its investments in solar energy by 12% by year-end 2020 and by 20% over the next three years, up from less than 1% at present. “So, in 2020, we will have about 15 percent from solar energy, and we will continue to further increase that number,” energy ministry director-general Vitor Jona said.
Asked whether the new tariff is a positive development for solar in Cambodia, Natharoun Ngo Son, country director at Energy Lab, gave pv magazine an ambivalent answer. “Yes and no. Yes, it is better, because with the capacity charges, first there is a 50% cap, and then the capacity charge applies whether you use your system or not,” said Ngo Son.
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