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Singapore's Sunseap to build 10-MW solar park in Cambodia

Solar panels. Featured Image: Jackiso/Shutterstock.com

August 29 (SeeNews) - Singaporean renewables company Sunseap Group Pte Ltd said today it has won the right to build a 10-MW solar farm in Cambodia that would be the local government’s first ever large-scale solar project.

Now, the firm expects its unit Sunseap (Asset) Cambodia Co Ltd to sign a 20-year power purchase agreement (PPA) with state-owned company Electricite Du Cambodge (EDC) in connection with the project.

The solar park will be built near the city of Bavet in Svay Rieng province. Upon completion in the first half of next year, the plant will be generating enough electricity to cover the annual consumption of about 2,600 local homes.

The project aligns with the government’s plan to bolster the country’s energy security and provide power to 100% of villages by 2020.

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Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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