MANILA, PHILIPPINES : The Asian Development Bank (ADB) signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of 2 gigawatts (GW) of solar power in Cambodia. The mandate will help the country achieve its goal of carbon neutrality by 2050. Under this mandate, ADB will […]
60MW solar station in Battambang hooked to grid
A 60MW solar power station in northern Battambang province was commissioned and connected to the national grid last week. The solar farm is located in southwestern Thma Koul district’s Anlong Run commune and is invested by Shenzhen-listed Risen Energy Co Ltd. Keo Rottanak, director-general of state-run electricity supplier Electricite du Cambodge (EdC), said the project […]
ADB green projects gain $300 mn
The Green Climate Fund (GCF) has granted $300 million to the Asian Development Bank (ADB) to assist in creating environmentally friendly infrastructure projects that aim to help economies in the region recover sustainably and create jobs. The ADB said the funds will be utilised by the ASEAN Catalytic Green Finance Facility’s (ACGF) Green Recovery Programme […]