Clean energy development presents challenges

Published onJune 25, 2020

With its aim to expand solar energy investment by 12 percent by the end of this year and increase it up to 20 percent over the next three years, Cambodia has been facing challenges of transiting to clean energy development, according to a case study report by Climate Investment Funds (CIF) and the Asian Development Bank (ADB). A report titled “Cambodia’s transition to a clean energy development pathway” released this month said while the objectives of the government, CIF and ADB aligned on introducing more renewable sources into the energy mixture, transitioning from traditional forms of production to more privately generated, solar-based energy posed major delivery challenges. The report said the issues of transparency, risk, pricing and the role of the private sector were challenges for formulating an enabling business environment while the country needs to integrate grid stability, efficiency and the national utility.