Jakarta and The Hague have signed an agreement to jointly develop solar power as the countries pledge to boost bilateral energy cooperation.
ndonesia and the Netherlands aim to strengthen collaboration in the development of solar and tidal power as the countries pledge to boost bilateral energy cooperation.
Indonesian Energy and Mineral Resources Minister Arifin Tasrif expressed hope that the agreement, which will cover technology, transfer of skills and financing, would help both countries develop projects in the energy sector.
Pertamina NRE, the new and renewable energy arm of state-owned oil and gas giant Pertamina, signed on Monday a joint development agreement (JDA) with Dutch energy company Hyet Solar to build a thin-film solar cell factory in Indonesia.
The document was signed in Jakarta on Monday during the Renewable Energy and Climate Summit Indonesia-Netherlands.
With an estimated capital expenditure (capex) of US$200 million, the facility is expected to have an annual production capacity for solar cells that can generate 300 megawatts (MW) of power.
Thin-film solar panels are lighter and more flexible than conventional photovoltaic (PV) panels. They are generally easier to install and transport, but less efficient in producing electricity.
Read also: Pertamina tests producing solar PVs with Netherlands' Hyet Solar
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