Foreign Media: China has invested $1 billion in the construction of the Upper Daitai Pumped Storage Power Station in Kampong Speu Province, Cambodia, with completion expected by 2029. The project, with a capacity of 1 gigawatt, is dubbed a "green power bank" capable of helping integrate intermittent solar and wind energy.
Due to the war in Iran causing tight energy supplies and rising fuel prices in the Middle East, developing countries like Cambodia have suffered severe fuel crises, putting pressure on electricity supply. Since 2010, power plants built by China have raised Cambodia's electricity access rate from around 50% to 96%.
This project, developed by China Heavy Machinery Co., Ltd., marks another major investment by Chinese enterprises in Cambodia following the Gaojiang Expressway and the new airport.
Original Source: toutiao.com/article/1862904972331011/
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