The Jakarta Post
Indonesia surpassed another milestone in generating power from renewable energy after Singapore’s energy development company Equis signed a contract with Vestas, the wind power technology leader in Denmark, for the construction of a 65-megawatt wind power generation plant on a 30-hectare wind farm in Jeneponto, South Sulawesi.
Equis will invest up to US$150 million in the country’s first wind power project, which is scheduled to start operations in early 2018 under a 30-year build-operate-transfer system. State electricity company PLN will pay 10.89 US cents/Kilowatt hour.
We are confident the Equis-Vestas project can be a good business model for the development of wind power on other islands across the archipelago as Denmark and Vestas are both seen as leaders in developing wind power technology.
In fact, Denmark claims to have sourced 40 percent of its total ...