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Colombia Procurement News Notice - 59401


Procurement News Notice

PNN 59401
Work Detail Once operational, the project will supplement hydro power production in the country Renewable energy developer The Blue Circle has signed a memorandum of understanding (MoU) with Cambodia-based Royal Group. The deal will see the two firms work to develop a 100MW wind project in the eastern province of Mondulkiri, about 280km from Phnom Penh. Through this new partnership, The Blue Circle and Royal Group aim to contribute to Cambodia’s 2050 carbon neutrality target, as outlined by the Ministry of Environment in 2022. According to a report, the project will involve the development, financing, building, owning and operating of the wind farm. Based on the average wind speed recorded, the project’s site is considered “one of the top wind sites in Cambodia and in all of Southeast Asia,” said The Blue Circle. “The particular wind pattern in this part of the lower Mekong region would drive potential power production mainly during the dry season, from November to April. This seasonal monsoon particularity would ideally supplement hydro power production which represents more than 45% of the energy mix in Cambodia and is providing power mainly during the wet season, from May to October,” concluded The Blue Circle.
Country Colombia , South America
Industry Energy & Power
Entry Date 09 Feb 2024
Source https://meconstructionnews.com/59112/mou-signed-to-develop-100mw-wind-project-in-cambodia

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