Total Eren, a leading renewable Independent Power Producer (“IPP”) based in Paris, is pleased to announce its first steps in the Cambodian renewable energy market through the acquisition of a 73.9 MWp photovoltaic (PV) Project named “Battambang” from Risen Energy, a Chinese developer active in R&D and PV panels manufacturing. The PV farm is currently in operation in the Battambang Province, Northwest Cambodia. Total Eren acquired Battambang Co., Ltd (“Battambang”) from Risen Energy, a listed Chinese company which has developed, built, financed, and recently commissioned the project in March 2021. Risen Energy will be performing the maintenance of the PV farm for the next 2 years. The Battambang solar farm produces about 115 GWh per year, enough to supply the needs of about 180,000 people in Cambodia while reducing carbon emissions by more than 50,000 tons of CO2 per year. It is one of the largest solar farms in operation in the country.
Through this project, Total Eren enters the Cambodian renewable energy market where the company sees a strong potential, and pursues its expansion in Asia Pacific, a key growth region. Total Eren opened its regional office in 2015 in Singapore, from where it currently coordinates its activities across the region, and relies on teams based in Australia, Indonesia, South Korea, the Philippines, and Cambodia. Total Eren owns a 256 MWp solar farm commissioned in Australia (“Kiamal”), and a 60 MWp solar farm in operation in the Philippines (“Tarlac”).