US-based Solar Firm Omni Navitas Plans Huge Solar Farm in Cambodia

Omni Navitas, a US-based solar energy developer declared an arrangement to set up a $500 million, 150-megawatt solar energy farm in Cambodia.

Omni Navitas, a US-based solar energy developer declared an arrangement to set up a $500 million, 150-megawatt solar energy farm in Cambodia, which CEO Jim McAuliffe said would make it the biggest solar energy farm in Southeast Asi the by limit.

In the wake of meeting with McAuliffe yesterday, Chhuon Dara, a secretary of state at the Ministry of Commerce, respected the dispatch of the sustainable power source venture.

“We support this initiative and will provide facilitation on this investment project, especially because it is a clean energy project,” he said. “If they can sell the electricity to the government at the same price as the existing power plants, it will be a great help.”

In his remarks to nearby media after the gathering, McAuliffe said his organization would require in regards to 500 hectares of land to manufacture the solar energy in the homestead, assessing the development procedure alone would utilize 3,000 neighborhood laborers.

“We are here to propose one of the largest solar projects in Southeast Asia for Cambodia,” he said yesterday. “We want to bring in over $500 million of [foreign direct investment] into Cambodia . . . We hope that we will open the door for more US investment in Cambodia.”

McAuliffe did not give insights about the area of the venture and did not instantly answer to extra inquiries. A man who was interpreting McAuliffe’s remarks for writers and who recognized himself as a delegate of a Cambodian firm that was taking part in the task said the solar energy farm would be worked in Koh Kong area.

McAuliffe advised journalists, he wanted to meet with the Council for the Development of Cambodia (CDC) and had just arranged potential costs for power with state-run Electricite du Cambodge (EDC), however, there was no agreement yet.

Source: The Phnom Penh Post