$127.8 Million ADB Loan to Help Expand Power
Sep 11, 2020 · The project will also pilot the first utility-scale battery energy storage system in Cambodia, which will be funded by a $6.7 million grant. The
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6 Frequently Asked Questions about “The largest energy storage project in Phnom Penh”
Can battery energy storage be used to power Cambodia's grid?
“The battery energy storage system will showcase how large-scale deployment of innovative technology applications can be used to operate Cambodia's grid in the future and generate more renewable power.”
What is a battery energy storage system?
The battery energy storage system supported by the project is capable of storing 16 megawatt-hours of electricity and providing services to help with renewable energy integration, transmission congestion relief, and balancing of supply and demand, among others.
How can ADB help Cambodia in power system planning?
“The Grid Reinforcement Project, along with ADB's ongoing assistance to Cambodia in power system planning, shows that adequate, reliable, and environmentally sustainable power supply can be provided at a reasonable cost to support equitable development,” said ADB Country Director for Cambodia Sunniya Durrani-Jamal.
How much money does ADB give to Cambodia's energy sector?
Since 1994, ADB has awarded nearly $200 million in loans and grants to Cambodia's energy sector and provided $6 million in technical assistance. ADB funding has focused on expanding transmission and distribution networks and support for sector reforms and institutional capacity building.
What is a pilot battery energy storage project?
The pilot battery energy storage project, located near the ADB-supported 100-megawatt (MW) National Solar Park, will come with on-the-job training. The government plans to increase solar photovoltaic generation capacity to 415 MW by 2022, up from 155 MW in 2019.
What is the Electricite du Cambodge project?
The project will help the Electricite du Cambodge, Cambodia's national electricity utility, strengthen its transmission infrastructure by financing the construction of four 115–230 kilovolt transmission lines and 10 substations in Phnom Penh and Kampong Chhang, Kamong Cham, and Takeo provinces.