TotalEnergies, Royal Group ink deal for expansion of new renewable energy projects

The memorandum of understanding will bolster Cambodia’s decarbonisation efforts.

TotalEnergies and Cambodia-based diversified conglomerate The Royal Group have signed a memorandum of understanding (MoU) for the joint development of new renewable energy projects and other decarbonisation initiatives in Cambodia.

Through the MoU, both parties will be able to leverage their expertise, with TotalEnergies advancing as a major energy player and The Royal Group broadening their experience in Cambodia’s local power projects.

“Combining the resources and skills of both organizations will ensure the best research and development of the most optimal renewable projects in Cambodia,” Neak Oknha Kith Meng, Chairman and CEO of Royal Group, said.

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TotalEnergies is currently supporting the energy transition in Cambodia with the launch of a 74MWp solar PV project in Battambang.

The partnership aligns with TotalEnergies’ renewed commitment to the development of renewables in the Asian Pacific region with two upcoming solar photovoltaic (PV) projects in Thailand, Vietnam, and The Philippines (with a recent 10-year agreement).

The initiatives are estimated to support carbon emissions reductions equivalent to planting 16,800 trees in Thailand, 33,000 in Vietnam, and 200,000 in the Philippines.