Cambodia Working with Singapore on Major Clean Energy Deal

Cambodia is currently working with Singapore to become a major exporter of clean energy in Southeast Asia.

The deal, which is still at the commercial negotiation stage, would see Singapore importing 1 GW of renewable energy annually from Cambodia, making up a quarter of their low-carbon electricity imports by 2035.

The potential exports to Singapore would solidify Cambodia’s position as a leader in the clean energy industry in the region while mitigating the impact of climate change.

The latest move follows the submission of Cambodia’s long-term strategy for carbon neutrality, the Power Development Masterplan (PDP) and the National Energy Efficiency Policy (NEEP) to the United Nations.

The Cambodian government said these initiatives demonstrate its unwavering commitment to the energy transition and the nation’s coordinated and strategic energy direction.

Energy efficiency is a critical aspect of Cambodia’s clean energy transition, with the government committing to reducing energy consumption by 19% in relation to business-as-usual levels by 2030.

“By prioritising renewable energy sources, Cambodia is creating a competitive economic advantage while mitigating the impact of climate change and promoting sustainable development,” said Minister of Environment Say Sam Al.

“Investing in energy efficiency and clean energy technologies creates new economic opportunities and enhances the well-being of our citizens. Cambodia’s unwavering dedication to a more resilient, inclusive, and sustainable development path will inspire others to join us in the global effort towards a cleaner, healthier, and more prosperous future.”

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