State-owned electricity company PLN and Saudi Arabia’s energy firm ACWA Power will team up to develop two floating offshore solar photovoltaic (PV) plants to push Indonesia's energy transition.
tate-owned electricity company PLN and Saudi Arabian energy firm ACWA Power will team up to develop two floating offshore solar photovoltaic (PV) plants in Indonesia, in a bid to push the energy transition in the country.
This is according to a letter of intent (LOI) signed between PLN president director Darmawan Prasodjo, PLN Indonesia Power director Edwin Nugraha Putra and ACWA Power CEO Marco Arcelli on the sidelines of the United Nations Climate Change Conference (COP28) in Dubai, the United Arab Emirates, on Sunday.
The firms are slated to build a 77-megawatt peak (MWp) solar plant on Lake Singkarak in West Sumatra, and a 92 MWp solar plant on Saguling Reservoir in West Java, according to the statement.
“We hope that the Singkarak floating solar plant will encourage economic and industrial growth in Sumatra. To date, Sumatra is one of the regions with a significant renewable energy installation capacity,” PLN’s Darmawan said in a statement issued on Wednesday.
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Electricity from the two plants would be distributed through 150-kilovolt interconnection lines to electrify the Sumatra and Java-Bali grids.
ACWA was awarded the contracts to develop the two floating solar plants in October last year. In a statement issued by the firm, PLN and ACWA look to finalize the power purchase agreement for the two projects.
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