Cambodia is facing a number of energy challenges, marked in particular by an increase in electricity demand and a dependency on oil and energy imports from neighbouring countries. In 2019, the country reframed its energy policy through the publication of the “Cambodia Basic Energy Plan”, which set an objective of 10% of the energy mix to be generated from renewable energy resources by 2030. Relevantly, Cambodia benefits in particular from high levels of sunlight, and so is suited to the development of solar power plants.
In 2021, Total Eren invested in the country through the acquisition of a 74 MWp solar power plant from the Chinese developer Risen Energy. Located in the north-west of Cambodia, this is one of the largest solar power plants in the country and the largest in the Battambang region, helping to decarbonise the country and provide the population with renewable energy.
Total Eren continues to actively pursue investment opportunities in Cambodia.