US Renewable Energy Developer Sees Opportunity In Cambodia

Posted by: : Paul EbelingPosted on: August 26, 2014 US Renewable Energy Developer Sees Opportunity In Cambodia

US Renewable Energy Developer Sees Opportunity In Cambodia

The Willowbrook Company, a New York-based renewable energy development company, is seeking support from Cambodia to build a 250-megawatt solar power plant, the Cambodian Ministry of Commerce said in a statement last Friday.

Edward J.Sappin, visiting CEO of the Willowbrook Company, urged the support from Cambodian Minister of Commerce Sun Chanthol for the mega-project during a meeting last week, the statement said.

“During the meeting, Mr. Sappin presented to the minister the Reah Solar power plant project with the capacity of 250 megawatts,”it said. “This 500-hectare solar power plant in Cambodia is uniquely the 1st of its kind in renewable energy investment in Cambodia and Asia.”

Once built and operational, the plant will be capable of producing electricity of 394-M kwh per year, it added. “Sappin is seeking the approval from the Cambodian government to proceed with the investment in this project, which is estimated to cost around US$400-M ,”the statement said, adding that if approved, the project is scheduled to start in Y 2015 and is expected to be completed by the end of Y 2017.

Sun Chanthol expressed his support for this unique renewable energy investment in Cambodia and pledged to give his endorsement when it is submitted to the Council for the Development of Cambodia for consideration.

Stay tuned…

HeffX-LTN

Paul Ebeling

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Paul Ebeling

Pattern Recognition Analyst, equities, commodities, forex
Paul Ebeling is best known for his work as writer and publisher of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly-regarded, weekly financial market letter, where he enjoys an international audience among opinion makers, business leaders, and respected organizations. Something of a pioneer in online stock market and commodities discussion and analysis, Ebeling has been online since 1994. He has studied and worked in the global financial and stock markets since 1984.
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