Manila, Philippines (FN), Sep. 11 – The Asian Development Bank (ADB) has approved a USD127.8 million loan to support the construction of transmission lines and substations to help provide Phnom Penh and three other Cambodian provinces with stable and reliable electricity supply, according to ADB's press release dated 10 September 2020.
The project will also pilot the first utility-scale battery energy storage system in Cambodia, which will be funded by a USD 6.7 million grant. That includes USD 4.7 million from the Strategic Climate Fund under the Scaling Up Renewable Energy Program in Low-Income Countries and USD2 million from the Clean Energy Fund under the Clean Energy Financing Partnership Facility. Both funds are administered by ADB.
Read in full below.