Bidding opens for new 40 mW solar project

Bidding opens for new 40 mW solar project

The public bidding for a 40 mW solar project in Kampong Chhnang province is now open. The winning bidder will receive financing from the Asian Development Bank (ADB).

The project is the second stage of the Cambodia National Solar Park, which will provide a cumulative power of 100 mW once completed. Thai-owned renewable energy company Prime Road Power Co won the bidding process for the first stage, a 60 mW solar power plant. It is being financed by the ADB via a concessionary loan. The first stage’s bidding ended with Prime Road’s lowest bid of $0.3877 per kilowatt-hour being selected.

The just-opened bidding process is expected to be complete next month, said Victor Jona, director-general of energy at the Ministry of Mines and Energy. “There are a few companies applied and the final declaration of a winner will be made by the ADB,” he said.

The second stage of the plant will be stationed in the same location as the 60 mW solar station.

Jona said that the lowest price bid is the most likely to win the project.

The Green Climate Fund has granted $300 million to the ADB. The bank said the funds will be utilised to support green infrastructure projects in ASEAN member nations, specifically in Cambodia, Indonesia, Laos and the Philippines.

Earlier this month, three separate solar-generated power stations were completed, including a 30 mW plant in Banteay Meanchey province invested in by Ray Power Supply Co Ltd, a 60 mW solar farm in Battambang province owned by Risen Energy Co Ltd and a 60 mW solar station in Pursat province, owned by Schneitec Renewable Co Ltd.