PHNOM PENH: Grimm Power PCL’s solar farm in Cambodia is named the best new utility of its kind by the UK-based International Finance Magazine this year. The prestigious IFM 2021 Award bestowed to the company’s 39-megawatt solar photovoltaic facility the International Finance Award-2021 for the “Best New Solar PV Project”. The project located in in Banteay Meanchey Province is being recognised for its cutting-edge technology and an important role it plays in economic and social development.

Chairman and President of BGRIM, Harald Link says, “The award underscores BGRIM’s commitment in developing clean energy as part of its mission to deal with the global warming.” The Cambodian solar farm is operated by Ray Power Supply Co Ltd, a wholly-owned subsidiary of B.Grimm Solar Power 1 Co. Ray Power is the only recipient of the IFM Award in the New Solar Energy Project category in 2021.

The Cambodian solar farm’s output has begun to supply to the Electricite Du Cambodge (EDC)’s grid on 15 December 2020 under a 20-year agreement. It is the first solar energy project in Cambodia which has secured firm power supply guarantee from the Cambodian government.