EuroCham in Cambodia urges garment factories to switch to solar power
There are over 6,000 garment exporters in Cambodia who directly employ over 700,000 workers.
“Rooftop solar can attract new, modern suppliers and increase production. It’s about being competitive, and my job is to make Cambodia more competitive as a production hub for different products,” a representative of the chamber’s tailoring and manufacturing committee said, as quoted by a Cambodian newspaper. .
The European Chamber of Commerce (EuroCham) in Cambodia has called for faster adoption of renewable energy and rooftop solar panels by garment companies to increase their competitiveness. EuroCham representatives made this known to industry leaders, development partners and government officials at a meeting co-hosted by the Garment Manufacturers Association of Cambodia.
“At some point, if we can’t compete with other manufacturing centers, we’ll have to close the factories,” the representative said.
Coal, gas and oil prices continue to rise due to logistical obstacles and geopolitical pressures. Currently, solar power is estimated at 2.67 cents per kWh while coal power costs 7.7 cents per kWh, according to a press release from the chamber.
Energy demand in Cambodia is expected to triple by 2040 and several factors favor a switch to solar energy. China, South Korea and Japan have refused to fund future coal projects.
Sok Khavan, Secretary of State in the Ministry of Mines and Energy, said the ministry is fully committed to renewable energy as evidenced by the current national energy mix, where energy from renewables constitutes 52 percent. .
The share of solar power has increased from about 10 MW in 2019 to 400 MW this year, which represents a growth of 4,000% over the past three years, Khavan said, adding that a balance must be struck. between sustainable and affordable energy.
Fibre2Fashion (DS) News Desk