Thursday, November 26, 2009

Cambodia To Develop Solar Power To Meet Domestic Need

PHNOM PENH, Nov 26 (Bernama) -- Ten companies from eight countries have sought permission to invest in solar energy projects in Cambodia, after the removal of a 15 percent duty on imports of the materials needed to build solar plants in August, China's Xinhua news agency cited a local media as saying.
"We have received many proposals for our approval, and we are now instructing them to study the domestic electricity market," the ministry Secretary of State Sat Samy was quoted by the Phnom Penh Post as saying.
"Two companies, from Japan and Malaysia, are close to beginning development on solar investment projects."

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