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Preparing the Utility-Scale Battery Energy Storage Project

Sector: Commercial • Location: Cambodia

Source: Asian Development Bank (ADB)

Project
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The ensuing Utility-Scale Battery Energy Storage Project for the Kingdom of Cambodia aims to stabilize the transmission grid to ensure the quality of power supply and to evacuate additional renewable energy that would otherwise be curtailed. It will be funded by $40 million of concessional ordinary capital resources and $20 million of concessional financing from the Green Climate Fund through the

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The project “Preparing the Utility-Scale Battery Energy Storage Project” is an infrastructure initiative in the Commercial sector, located in Cambodia. Taiyo aggregates data on it from Asian Development Bank (ADB).

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Description

Description

The ensuing Utility-Scale Battery Energy Storage Project for the Kingdom of Cambodia aims to stabilize the transmission grid to ensure the quality of power supply and to evacuate additional renewable energy that would otherwise be curtailed. It will be funded by $40 million of concessional ordinary capital resources and $20 million of concessional financing from the Green Climate Fund through the Association of Southeast Asian Nations (ASEAN) Green Climate Financing Hub.The technical assistance (TA) serves to prepare the ensuing project, conduct due diligence for it, and help enhance its procurement readiness. The TA aligns with Strategy 2030 of the Asian Development Bank (ADB) and its focus on climate action.

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