State utility secures over US$20 million in funding to build complex in Kampong Chhnang province and will now tender for developers to deploy a 60MW first batch.
SolarHome, an off-grid solar firm focused on Southeast Asia, has raised US$5 million to date, having recently closed a US$1 million convertible note offering with impact venture capital firm Insitor Impact Asia Fund.
The Asian Development Bank (ADB) has approved a US$90 million loan to help Cambodia strengthen climate resilience and modernize the agriculture sector, including the promotion of renewable energy.
Regulations released earlier this year halted the market for low voltage solar systems connected to the grid, but the larger consumer and the off-grid segments continue to show promise.
The case for solar remains strong in Southeast Asia since power demand is still growing rapidly in many of its markets, but traversing the unique regulations and policies of each country and knowing which PV segment is most suitable remains challenging. Here are some of PV Tech’s key takeaways from last week’s Solar and Off-Grid Renewables Southeast Asia (SORSEA) 2017 conference in Bangkok, Thailand.
Cambodia’s national utility and the Asian Development Bank (ADB) hope to tender out the first stage of their 100MW solar park programme in June 2018, according to a prominent ADB figure, who was speaking at the Solar and Off-Grid Renewables Southeast Asia (SORSEA) conference in Bangkok.
The Asian Development Bank (ADB) has invested THB1,968 million (US$57.7 million) in Thai power firm B. Grimm Power Public Company (B. Grimm) to develop renewable energy projects in Southeast Asia.
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.
