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Renewable energy

Asian Development Bank Supports Cambodia's Renewable Energy Goals

Strategic Insights

— 1 min read

The Asian Development Bank (ADB) has approved a $52.72 million loan to support Cambodia's Grid Expansion Project. The project aims to strengthen the country's transmission network to integrate more renewable energy into the national grid and meet rising electricity demand with cleaner, locally generated power. Cambodia has made significant progress in expanding its domestic electricity generation, doubling output from 8.68 terawatt hours (TWh) in 2020 to 17.85 TWh in 2024.

Key Takeaways:

  • The Grid Expansion Project will strengthen Cambodia's transmission network to integrate more renewable energy into the national grid.
  • The project will help meet rising electricity demand with cleaner, locally generated power, reflecting the country's growing energy self-reliance.
  • Cambodia's domestic electricity generation has doubled from 8.68 TWh in 2020 to 17.85 TWh in 2024.
  • The country's reliance on imported electricity has dropped from 3.06 TWh to 1.57 TWh over the same period.
  • The project will build 55 kilometers of 230-kilovolt transmission lines between Pursat and Kampong Chhnang, and upgrade nine substations across the country.
  • Aligned with Cambodia's Power Development Master Plan (2022-2040) and the National Energy Efficiency Policy (2022-2030), the project will help reduce transmission losses and enhance energy security.

Statistics:

  • Cambodia's domestic electricity generation has doubled from 8.68 TWh in 2020 to 17.85 TWh in 2024.
  • Reliance on imported electricity dropped from 3.06 TWh to 1.57 TWh over the same period.
  • The project will build 55 kilometers of 230-kilovolt transmission lines between Pursat and Kampong Chhnang.
  • Project investments will strengthen transmission capacity to deliver renewable energy to demand centers nationwide and improve reliability.

Sources:

  • The Asian Development Bank (ADB). (n.d.). Press Release: ADB Approves $52.72 Million Loan for Cambodia's Grid Expansion Project.
  • Asian Development Bank. (n.d.). About the Asian Development Bank.

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