Renewable energy

Cambodians have built up itself of the Renewable energy to comply with the demand of electricity of the people in Cambodia and combat climate change, making clean energy a good investment option as well.

Clean energy now accounts for more than 62 percent of Cambodia’s total energy consumption and the Kingdom continues to push for larger shares of clean energy in the grid, said Keo Rattanak, Minister of Mines and Energy.

“Cambodia is producing energy from several renewable energy sources. But we have to develop more clean energy sources to support a sustainable energy future for Cambodia,” Rattanak said on the ministry’s social media.

By improving Clean energy in Cambodia, it’s also attracting new investment to the country unlike renewable energy, Cambodia has not attracted significant investment in renewable energy until mid-2020. And, unlike other ASEAN countries, has not set exact renewable energy targets. Despite this, the country is viewed as a model to learn from other ASEAN countries implementing solar power. This according to the ASEAN Climate Change and Energy Project.

This push aligns with Cambodia’s Power Development Plan (PDP) 2022-2040, which prioritizes expanding renewable energy sources.

Cambodia’s push for renewables is driven by several factors. The country’s energy demand is rapidly increasing due to fast economic growth.

As of last year, 98.27% of the total 14,168 villages in Cambodia have access to electricity, according to the ministry.