The government of Cambodia, through its “Power Development Plan 2022-2040” (PDP), has announced that the country targets 3,155 MW of solar capacity and 3,000 MW of hydropower capacity by 2040. This represents nearly an eightfold increase in solar capacity and more than a twofold increase for hydro capacity.
The PDP also sets goals for 2030, with solar capacity increasing from 377 MW at the end of 2021 (around 12% of the country's capacity in 2021 and about430 MW in 2022) to 1,000 MW and hydropower capacity rising from 1,331 MW in late 2021 (44% of the capacity) to 1,560 MW in 2030. In addition, power from renewable biomass will increase from around 30 MW in late 2021 to 98 MW in 2030 and 198 MW in 2040. The PDP also reiterates Cambodia’s ambition to become carbon neutral by 2050.