Cleantech Solar will develop a 10 MW of hybrid floating and rooftop solar power project for Chip Mong Insee Cement Corporation (CMIC) facility at Kampo, Cambodia.
Out of 10 MW solar project, 2.8 MW floating solar power project will be built on CMIC’s reservoir, and 7 MW solar project will be installed across multiple rooftops of the cement factory.
The project is expected to generate 297 GWh of clean energy and reduce 197,000 tons of CO2 emissions during its lifetime.
“We are committed to be a trusted company that is both environmentally and socially responsible. Adopting solar is an important step for us to help meet our energy requirements while at the same time reduce our CO2 emissions”, said Meng Leang, Chairman of Chip Mong Insee Cement Corporation.
Raju Shukla, founder of Cleantech Solar said, “In addition to environmental and social benefits, such as cutting emissions and promoting corporate social responsibility, the economic benefits of sourcing renewables will also include cost savings, long-term price stability and security of supply.”
Recently, Mercom has reported that Electricite du Cambodge (EDC), an electricity utility in Cambodia has invited bids to implement a 60 MW solar project in the country’s Kampong Chhnang province through an international competitive bidding process. The project will be developed on a build own operate (BOO) basis.
Southeast Asian countries have been actively pursuing solar in recent times.
In July 2018, Mercom reported on Thailand’s B.Grimm Power and Vietnam’s Xuan Cau signing a development cooperation agreement for a 420 MW solar photovoltaic (PV) project located in Tay Ninh, south-west of Vietnam.
In April 2018, in an effort to expand the reach of solar power in Malaysia, the country’s leading utility company Tenaga Nasional Berhad (TNB) entered into power purchase agreements (PPAs) for 60 MW of grid-connected solar PV projects.
Nitin is a staff reporter at Mercomindia.com and writes on renewable energy and related sectors. Prior to Mercom, Nitin has worked for CNN IBN, India News, Agricultural Spectrum and Bureaucracy Today. He received his bachelor’s degree in Journalism & Communication from Manipal Institute of Communication at Manipal University and Master’s degree in International Relations from Jindal School of International Affairs. More articles from Nitin Kabeer