The state-owned power utility is set to undertake a nationwide study on ways to harness an additional 2GW capacity of solar energy proposed by a regional lender, in a pilot project expected to spur up to $100 million in investments that aims to illustrate how to quickly and efficiently procure low-cost renewable energy in Cambodia towards its drive for carbon neutrality by 2050.
Cambodia uses renewable energy for about 40 per cent of the country's total energy needs, including hydropower, solar energy and biomass. The Cambodian government plans to push for more renewable energy use to reduce fossil fuel consumption.