Cambodia possesses immense solar potential due to its tropical location, receiving high levels of irradiance year-round. Currently, the market is seeing a rapid shift toward solar panels to combat unstable grid power in rural provinces and reduce high electricity costs in urban centers like Phnom Penh.
The economic growth of the manufacturing sector in Cambodia has increased the demand for reliable power. This has led to a surge in the installation of house solar power system setups, as homeowners seek energy independence and a way to mitigate the impact of seasonal power outages during the monsoon season.
Despite the growth, the market faces challenges such as high initial investment costs and the need for equipment that can withstand extreme humidity. Consequently, there is a growing preference for high-durability mono solar panel technology which offers better performance in limited space and high-heat environments.
