ADB partnering Cambodia utility for 100MW solar park programme

ADB partnering Cambodia utility for 100MW solar park programme

The Asian Development Bank (ADB) is collaborating with Cambodian state-run
energy utility Electricite Du Cambodge (EDC) to set up a 100MW national
solar park programme.

The two parties signed a transaction advisory agreement yesterday, and Keo
Rottanak, RGC Delegate in Charge of Managing EDC.

Ryuichi Kaga, head of ADB's Office of Public-Private Partnership, said:
"Cambodia is blessed with excellent solar irradiation and this programme
will help Cambodia bring renewable, affordable, and indigenously-sourced
power to meet its growing energy needs. ADB will be advising on the
structuring of a national solar park programme and a competitive process of
procuring power, which is expected to drive solar power prices lower and
bring access to affordable power to its people."

The programme will be implemented via a 30MW first phase followed by 70MW in
phase two.

ADB's Office of Public-Private Partnership will develop a feasibility study
for the project, develop a bankable PPP structure, and organize a
competitive tender process to select a suitable private sector sponsor for
the power generation. The project will then help Cambodia develop a template
for solar PPPs in Cambodia and possibly also in other parts of Southeast
Asia.

ADB will also provide concessional funds to EDC for the infrastructure of
the solar park. No more details were provided by the bank on the schedule
for the park development.

ADB is already providing financial assistance to Singapore construction firm
Sunseap Group to build Cambodia's first large-scale solar power project - a
10MW farm based in Bavet.

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Link to Original Article:
https://www.pv-tech.org/news/adb-partnering-cambodia-utility-for-100mw-solar
-park-program

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com