PRIME MINISTER HUN MANET VISIT  

The MOU has been signed in front of the Prime Minister of Cambodia during his official visit to France on January 15th

100MW WIND PROWER PROJECT

The Blue Circle and the Royal Group agreed to collaborate in developing the first wind project of Cambodia with a capacity of 100 MW in the Eastern province of Mondulkiri

PARIS, JANUARY 17, 2024. THE BLUE CIRCLE, pioneer and leading renewable energy developer and operator in Southeast Asia, has signed a Memorandum of Understanding with the ROYAL GROUP to develop, finance, build, own and operate a 100 MW wind project in Cambodia. The project, located in the Eastern province of Mondulkiri, about 280 km from Phnom Penh, has been measuring the wind since 2019 with a 120-meter met mast and various SPIDAR equipment. The average wind speed recorded places the site, selected by The Blue Circle, has one of the top wind sites in Cambodia and in all of Southeast Asia.

The particular wind pattern of 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 supplement ideally hydro power production which represents more than 45% of the energy mix of Cambodia and is providing power mainly during the wet season, from May to October.

The entry of the ROYAL Group as a partner of The Blue Circle on this development, strengthens its prospects to become the first wind project of the country. The ROYAL Group is currently operating the 400MW Lower Sesan 2 hydro power plant and is planning to expand further in renewable energy. On March 15th 2023, the ROYAL Group signed a Power Purchase Agreement with Keppel Energy to sell low-carbon power to Singapore by 2035 via a subsea cable from Cambodia.

With this partnership, The Blue Circle and ROYAL Group will contribute to the 2050 Carbon Neutral target set by the Ministry of Environment for the kingdom in 2022. Adding wind energy to the energy mix of Cambodia will not only lower the cost and the price volatility of supply sources to Electricité du Cambodge, the national Utility, but also reinforce the energy independence of the country with produced power locally.

 

Royal Group

ROYAL Group, founded in 1991 and led by Oknha Kith Meng, is the largest conglomerate of Cambodia, with activities in Banking & Finance, Telecommunications, Technology, Media, Hospitality, Property & real Estate, Energy, Railways and Education.

 

The Blue Circle

Founded in 2013, The Blue Circle identifies, develops, finances, owns, and operates renewable energy projects in the Asia-Pacific region. The Blue Circle uses the most advanced technology to build responsible and sustainable wind and solar energy projects. With offices in Singapore, Ho Chi Minh City, Bangkok, Manila and Phnom Penh, The Blue Circle is the leading renewable energy company in Southeast Asia.

For more information please contact:
Amaury Brucker (The Blue Circle)
amaury.brucker@thebluecircle.sg +63 915 182 7899