How much does solar energy cost in Cambodia?

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.

How many solar PV projects are there in Cambodia?

Scores of seven solar photovoltaic (PV) projects are in the pipeline for construction and planned for operation by 2023. The Cambodian government aims to generate 20 percent of energy from renewable energy. This is our guide to Solar Energy in Cambodia.

Is solar energy a good source of energy in Cambodia?

Solar energy in Cambodia is the country’s second most promising clean energy source behind hydropower. Hydropower remains Cambodia’s most developed renewable energy source but also has its own challenges – such as yearly variability due to droughts and floods.

What percentage of Cambodia's energy mix is solar?

Overall, solar accounted for 6.36% of Cambodia’s energy mix in 2021, according to data from the EDC. The country’s total installed capacity totaled 376.8 MW in 2021. In 2020, there were 296.80 MW of solar installed, representing 3.38% of the energy mix.

Can solar power help Cambodia achieve national electrification goals?

Searching for alternative options, Cambodia joins a growing list of national governments who have come around to seeing solar and other distributed, emissions-free renewable energy resources as a cost-effective means of achieving national electrification, as well as national and international climate change and renewable energy, goals.

How much does a floating solar project cost in Cambodia?

The cost of a floating solar project in Cambodia is estimated to be approximately $0.045 per kilowatt-hour (kWh). This is significantly cheaper than the cost per kWh for electricity from a new dam or coal plant.