Indonesia Begins Construction On Region’s Largest Floating Solar Plant

Indonesia aims to have 23 per cent of its energy from renewable sources by 2025 and the government has said the country will try to reach net zero emissions by 2060 by moving away from coal

JAKARTA : Indonesia will begin work on a 145 megawatt (MW) floating solar power project, the largest in Southeast Asia, after state power utility Perusahaan Listrik Negara (PLN) and Masdar of United Arab Emirates agreed financing for the project on Tuesday.

Indonesia aims to have 23 per cent of its energy from renewable sources by 2025 and the government has said the country will try to reach net zero emissions by 2060 by moving away from coal.

“By securing the financial support for this project, we can immediately start the construction stage,” PLN chief executive Zulkifli Zaini said in an online briefing on Tuesday.

“We are optimistic that, with the support of all stakeholders, this environmentally friendly project can start commercial operation on schedule,” he added.

A joint venture between a unit of PLN and Masdar in West Java, the Cirata floating photovoltaic power plant is expected to be the largest of its kind in Southeast Asia and is scheduled to begin commercial operation in November 2022.

Financing of the project was arranged through Sumitomo Mitsui Banking Corp., Societe Generale, and Standard Chartered Bank, Masdar said in a separate statement on Tuesday.

Construction of the project was underway, the statement added.

PLN has said it will start to gradually shut down its coal-fired power plants, which currently meet around 60 per cent of Indonesia’s energy demands. (Reporting by Bernadette Christina Munthe, Fransiska Nangoy)

Source : PTI