Clean energy major announces financial close on the Cirata floating photovoltaic power plant project. Abu Dhabi-based clean energy major Masdar and PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, have announced the financial close on the Cirata floating photovoltaic power plant project. Financing for the project – Indonesia’s first floating solar power […]
Indonesia’s First Ever Floating Solar PV Project
Indonesia’s Floating solar photovoltaic (PV), initially considered a niche technology, is now the fastest-growing solar PV category, alongside ground-mounted utility-scale solar and rooftop PV. As of August 2020, more than 60 countries have actively pursued the deployment of floating PV, with more than 35 installing an estimated 350 operational floating PV systems, equal to a […]
Indonesia’s First Floating Solar Power Plant Achieves Financial Close
Project to provide electricity to power 50,000 homes. Indonesia’s first utility-scale floating solar power plant has reached financial close as the country pursued its goal of achieving a 23% renewable energy mix by 2025. The 145-megawatt Cirata floating photovoltaic (PV) power plant is being developed by PT Pembangkitan Jawa Bali Masdar Solar Energi, a joint […]
Masdar JV Achieves Financial Close On Indonesia’s First Floating Solar Plant
Set to be the largest of its kind in Southeast Asia and one of the largest in the world, the plant is being built on the Cirata reservoir in the West Java Province. UAE-based renewable energy company Masdar and its partner PT PJBI announced today that their joint venture (JV) has achieved the financial close […]
Abu Dhabi’s Masdar Starts Construction At Indonesia’s First Floating Solar Power Plant
Masdar is taking its clean energy message and investments to new markets. Dubai : Masdar, the Abu Dhabi renewable energy giant, has confirmed that funding for Indonesia’s Cirata Floating Photovoltaic Power Plant is now complete and construction has begun. The plant, set to be the largest floating solar venture in the world, is being built […]
Indonesia’s Krakatau Steel to build 40 MW floating solar power station
JAKARTA : State-owned steelmaker Krakatau Steel plans to build a 40 megawatt (MW) floating solar photovoltaic (PV) power station in Banten to power the operations of its water treatment subsidiary, PT Krakatau Tirta Industri (KTI). KTI signed a US$14 million deal on Monday (April 5) with energy company Akuo Energy Indonesia, a subsidiary of Paris-based […]
How crowdfunding can accelerate Indonesia’s renewable energy development
MENAFN: The Conversation Indonesia’s increasing internet penetration is a boost for crowdfunding , which gathers small amounts of capital from a large number of individuals to finance a new business venture. It’s a powerful tool to gather funds quickly, cheaply and easily from the general public. A study by Statista estimates the value of crowdfunding […]