Cambodia Keyword: Solar Power
With the aim of shifting to clean energy, the Royal Government of Cambodia (“RGC”) has included solar power projects as an area of focus in the country’s energy development vision to 2040. Recent years have seen a number of new solar projects being approved, such as the 100MW national solar park. Existing developers might also […]
Regional power trades are on the rise in South East Asia. Historically, Laos is a major exporter of mostly hydropower in the region, reaching nearly 2 billion US$ in 2022 to Thailand, Vietnam and Cambodia. And the exported amount keeps growing. For example, Laos and Vietnam have signed another 3000 to 5000 MW of power […]
For the development of the 100MW national solar park in Kampong Chhnang Province, the Kingdom of Cambodia, the ELECTRICITE DU CAMBODGE (“EDC”) has hosted their first international competitive bidding on Build-Own-Operate (BOO) basis which development is divided into 2 different phases: Phase one the development of a 60MW solar power plant which has been completed […]
On 20 July 2021, Cambodia’s state-owned electricity utility EDC has announced selected 12 prequalified bidders for the country’s National Solar Park Project, phase 2. Unfortunately, the identities of the selected bidders are not publicly announced. The pre-qualification is about the bidders’ experience and their financial strength. It does not include a review of their technical […]
On 17 February, EDC has received 14 bids, at the tender for Phase 2 of the National Solar Park project which is more than generally expected. Phase 2 comprises a 40MW solar project in the Cambodian province of Kampong Chhnang, a few hours driving from the capital Phnom Penh On 1 December 2020, Cambodia’s public […]
Financing and tax 2018 saw several changes to the tax regulations. The application of transfer pricing rules in Cambodia is now a reality. Starting from 2018, companies have to comply with the regulations issued in October 2017, which adopt the arm’s length principle in accordance with the OECD’s guidelines. The regulations left many questions unanswered, […]
Electricite du Cambodge (“EDC”) has finally issued the long-awaited tender for the development of a 60MW solar power plant to be connected to the national grid, which is Phase 1 of a planned 100MW solar power park. On 13 February 2019, EDC issued an invitation for bids for the development, design, finance, construction, operation, and […]
Financing and tax 2018 saw several changes to the tax regulations. The application of transfer pricing rules in Cambodia is now a reality. Starting from 2018, companies have to comply with the regulations issued in October 2017, which adopt the arm’s length principle in accordance with the OECD’s guidelines. The regulations left many questions unanswered, […]
The Council of Ministers of Cambodia has recently approved the long-awaited project for the construction of a 60MW solar power plant. This is the first part of a 100MW project, which, according to the pre-feasibility study, proves to be not only viable, but will also contribute to national grid stability and an increase in energy […]