Total Eren enters Cambodia with 74 MWp solar photovoltaic project
Total Eren has closed the acquisition of a 73.9 MWp Battambang solar photovoltaic (PV) Project from Risen Energy, a listed Chinese company that has developed, built, financed, and recently commissioned the project in March 2021.
Risen Energy will be performing the maintenance of the PV farm for the next 2 years. The project produces about 115 GWh per year, enough to supply the needs of about 180,000 people in Cambodia while reducing carbon emissions by more than 50,000 tons of CO2 per year.
The produced electricity has been contracted through a 20-year Power Purchase Agreement (PPA) signed in August 2019 with the national utility, Electricité du Cambodge. Battambang was financed through a US$45 million loan, signed in September 2020, from DEG, the German Development Finance Institution affiliated to KfW, the German Development Bank.
This project is part of the larger scheme implemented by Cambodia under the “Basic Energy Plan” issued in 2019 which sets a target of 10% of the Kingdom’s electricity mix to be generated through renewable energy sources by 2030.
Country updates
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May 13, 2021
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B.Grimm to acquire 30 MW solar PV project in Serei Saophoan
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