Germany Energy Companies Eye Cambodia’s Renewable Energy Sector

Scores of energy companies from Germany have shown interests in Cambodia's clean energy �solar, as the Royal Government of Cambodia has set target to achieve 20 percent of the power source for the total electricity consumption in the country.

The remark was shared in a full-day conference on Industrial and Commercial Solar in Cambodia held here yesterday.

The event was organised by the Delegation of Germany Industry and Commerce in Myanmar and supported by the GIZ Project Development Programme (PDP), the Global Business Network (GBN), the German Business Group Cambodia, and the EuroCham Cambodia.

The conference was a part of business delegation trip on Industrial and Commercial Solar in Cambodia, targeting both energy companies, factories and industry representatives from Cambodia and Germany, governmental and non-governmental organisations, and scientists.

The Delegation of German Industry and Commerce is the official representative for German trade and investment promotion in Cambodia, Laos, and Myanmar with a mandate of the German Federal Government.

Renewable development policy and the future utilisation of solar energy in Cambodia as well as its opportunities and challenges were discussed in the conference.

Participating German companies are Enerbar, DHYBRID Power System, 21 Century Clean Energy, and 4i-Capital, representing their businesses and products at the conference.

H.E. Victor Jona, Director-General of Energy at Ministry of Mines and Energy, told reporters that the government welcomes all investors in the renewable solar energy to further increase electricity generated from solar panel for the national grids.

According to H.E. Victor Jona, Cambodia is currently generating about 90 megawatts of power from solar parks, and by 2022, the country is expected to have at least 410 megawatts from the licensed solar power development projects.

Source: Agency Kampuchea Press