FlexiDAO is using its software to track the production of solar power from four PV plants in the nation, in conjunction with the UN Development Program.
The Climate Investment Platform launched by three multilateral bodies in September is now open for business and renewables companies in developing nations could qualify for help with clean energy facilities, renewables-related grid improvements and energy efficiency schemes.
The United Nations Development Program is seeking consultants to build a 2 MW solar project and three hydropower plants ranging in generation capacity from 1.15-2 MW.
Firming up the payment system for solar energy exported back into the grid from PV-powered pumps will offer owners a new revenue stream, eat into a $1 billion annual diesel fuel bill and reduce strain on the grid by up to 1.5 GW daily during the agricultural season.
The development will comprise multiple smaller projects, a first 60 MW batch of which closed its first tender window this month with the results not yet publicized. Cambodia boasts comparatively high electricity prices and has been urged by the UN Development Program to use PV to drive down energy bills.
National scheme reportedly aims to drive installation in segments including residential and commercial and industrial facilities.
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