The Battambang Project
Start of Construction
September 30, 2020
March 30, 2021
Total Eren acquired Battambang Co., Ltd (“Battambang”) from Risen Energy, a listed Chinese company which has developed, built, financed and recently commissioned the project in March 2021. Risen Energy will be performing the maintenance of the PV farm for the next 2 years.
The Battambang solar farm produces about 115 GWh per year, enough to supply the needs of about 180,000 people in Cambodia while reducing carbon emissions by more than 50,000 tons of CO2 per year. It is one of the largest solar farms in operation in the country today and the largest in the Battambang region.
The produced electricity has been contracted through a 20-year Power Purchase Agreement (“PPA”) signed in August 2019 with the national utility, Electricité du Cambodge.
Battambang was financed through a USD 45 million loan, signed in September 2020, from DEG, the German Development Finance Institution affiliated to KfW, the German Development Bank.
This project is part of the larger scheme implemented by Cambodia under the “Basic Energy Plan” issued in 2019 which sets a target of 10% of the Kingdom’s electricity mix to be generated through renewable energy sources by 2030.