Cambodia, June 24 -- The Asian Development Bank (ADB) has approved a $63.44 million financing package to accelerate the integration of renewable energy into Cambodia's power system, strengthen grid stability and energy security, and bolster cross-border power trade.The Utility-Scale Battery Energy Storage Project in Cambodia will support the construction of a 250-megawatt/500-megawatt-hour battery energy storage system at the Takeo substation. The facility will store excess renewable energy and dispatch it back to the grid to manage peak loads and stabilize fluctuations.This will help meet growing electricity demand from rapidly expanding industrial zones, agro-processing facilities, and urban districts in southern Cambodia. It will also dr...