Royal Group & TotalEnergies Join Forces for Cambodia’s Renewable Energy & GHG Reduction Initiatives

In a momentous stride towards sustainable energy and environmental stewardship, Royal Group Power Co Ltd (RGP) and TotalEnergies, a prominent French energy conglomerate based in Singapore, have forged a groundbreaking Memorandum of Understanding (MoU) on renewable energy ventures in Cambodia. This collaboration extends to Greenhouse Gas (GHG) reduction initiatives, ushering in a new era of ecological consciousness and innovation.

The signing ceremony, which unfolded on 25 October 2023 in Singapore, was graced by the presence of Okhna Kith Meng, President of Royal Group, and Mr Ting Wee Liang, President of Singapore and Manager of Marketing and Services for Asia Pacific and the Middle East at TotalEnergies.

This strategic partnership between two industry titans serves as a paragon for the private sector’s commitment to renewable energy and climate resilience, aligning seamlessly with Cambodia’s governmental aspirations for sustainable development and global progress.

Speaking at the signing ceremony, Mr Ting Wee Liang conveyed, “As a global multinational energy company, we are unwavering in our mission to develop profitable renewable projects worldwide, Cambodia included. We are steadfast in our dedication to supporting the nation’s energy transformation. Since 1993, we have been serving the Cambodian populace through our extensive network of service stations, supplying energy, lubricants, and aviation fuels. In 2021, we commenced operations on a significant front, with 74MWp solar projects in Battambang province.”

Okhna Kith Meng, President of Royal Group, added his perspective, saying, “Today, I am elated to learn of our collaborative efforts on sustainable energy projects with TotalEnergies. We stand ready as stalwart allies, pooling our collective knowledge, skills, and capabilities. This synergy is poised to expedite research and development endeavors, ushering in top-tier renewable projects in Cambodia. Together, we’re advancing the nation’s energy transformation and environmental aspirations. I anticipate resounding success in our shared endeavors.”

It’s worth noting that this partnership marks the second significant renewable energy agreement for Royal Group Power (RGP) in Cambodia. In November 2022, RGP, a subsidiary of Royal Group, solidified an exclusive partnership with Keppel Energy (KE) from Singapore, bolstering the drive for renewable energy initiatives within the country.

As Cambodia strides forward into a greener future, such partnerships signify the private sector’s unwavering commitment to sustainable development, clean energy, and the preservation of our planet’s ecological balance.

- Video Advertisement -

Related Post

Cambodia Unveils Modern National Assembly Building with USD25 Million Vietnamese Aid

Cambodia has inaugurated a modern National Assembly administration building, constructed with a USD25 million aid package from Vietnam. The ceremony, held on 21 November 2024, was attended by Samdech Khuon Sodary, President of Cambodia’s National Assembly, and His Excellency Tran Thanh Man, President of the National Assembly of Vietnam, symbolising the enduring friendship between the […]

Brunei’s Khazanah Nasional Targets Multi-Sector Infrastructure Investment in Cambodia

Khazanah Nasional Berhad, a leading investment firm from Brunei Darussalam, has announced plans to explore infrastructure investment opportunities in Cambodia, focusing on health, water resources, transport infrastructure (including railways and airports), and banking. This initiative was discussed during a meeting between PM Hun Manet and Khazanah’s CEO, Mr. Dato Khairul Hamed, on 19 November 2024. […]

Japan Invests Over USD40 Million in Cambodia, Enhancing Economic Partnerships in 2024

Japan has invested over USD40 million in Cambodia during the first ten months of 2024, reaffirming its position as the seventh-largest investor in the country. This development was highlighted in a report by the Council for the Development of Cambodia, released on 19 November 2024. To further strengthen bilateral economic ties, the Cambodian Duke Association […]

Chinese Investor Zhongjiao Tongli Expands Agricultural Ventures in Ratanakkiri and Mondulkiri

China’s Zhongjiao Tongli has announced plans to invest in large-scale cultivation of bananas and mangoes across Cambodia’s northeastern provinces of Ratanakkiri and Mondulkiri, signalling a significant boost for the nation’s agricultural sector. The announcement followed a meeting between PM Hun Manet and Mr. Zhongdi Sun, President of Zhongjiao Tongli, on 6 November 2024, in Kunming, […]

Korean Firm Heungkuk Industry Eyes Investment in Cambodian Cashew Processing Sector

Heungkuk Industry, a leading South Korean construction materials manufacturer, is set to invest in Cambodia’s burgeoning cashew processing sector. The commitment was unveiled during a meeting on 19 November 2024 between HE Vongsey Visoth, Deputy PM overseeing the Office of the Council of Ministers, Mr. Lee Kee Yun, Director of Heungkuk Industry, and Professor Lee […]

ARK Electronics Group Unveils USD1.3 Billion AI driven Industrial Park Project in Kampong Speu

ARK Electronics Group, a leading Chinese company, has announced an ambitious USD1.3 billion investment to establish a 1,000-hectare industrial park in Kampong Speu Province, set to transform the province’s industrial landscape. The announcement followed a high-level meeting between HE Dr. Cheam Chansophoan, Governor of Kampong Speu Province, and Ms. Chang Venza, General Director of ARK […]