Council for the Development of Cambodia (CDC) approved SchneiTec Vibrant Co Ltd’s US$65.5 million for the construction of a 60 Megawatt (MW) solar power plant in Svay Chek commune of Svay Rieng province’s Rumduol district. - Phnom Penh Post/ANN
PHNOM PENH (Phnom Penh Post/ANN): Clean or renewable energy investment projects have become an important part of the government’s policy to reduce emissions from fossil fuels such as coal and oil.
It can also help lower electricity prices in Cambodia and attract financiers to invest directly in the country, as well as help improve the ability to export products to international markets.
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