Listed Chinese firm licensed to build another solar park

• The Council for the Development of Cambodia (CDC) approved a company permit to Chinese panel manufacturer Risen Energy (Cambodia) to develop a 60 megawatt (mW) solar ranch in Battambang district.

According to the CDC, the project has a capital expense of $50.9 million, and also it is anticipated to develop 50 work.

Established in 1986 as well as provided as a Chinese public firm in 2010, Risen Energy is among the leaders in the solar market.

The firm's solar ranch financial investment in Cambodia was amongst the 4 solar parks that the federal government accepted throughout a cupboard conference in 2019 July.

Likewise, it is amongst the total amount of 9 power projects, which according to Mine and also Energy Ministry, are being created.

In its record, the ministry specified 5 solar parks throughout 5, consisting of the Battambang project are having their building and construction functions sped up so they can be attached to the nationwide grid not behind this year.