Cambodia-based Devenco has entered into a partnership with France-based Engie to explore possibilities in Cambodia’s nascent solar power industry. The new agreement could lead to the construction of a solar power plant in Kampong Chhnang province.
The companies are assessing the country’s legal framework for the solar industry and seeking negotiations with Electricité Du Cambodge (EDC) to sell power to the national electric grid. The memorandum of understanding (MoU) has been signed but no concrete action or project has been confirmed yet. The government has announced plans to support environmentally friendly initiatives.
In September, Global Purify Power started groundbreaking work for a $400 million solar power project in Kampong Speu province that will be capable of producing 225 MW.