Indonesia to Build Floating Solar Power Plant Worth $129 Million Next Year

Investment Coordinating Board (BKPM) expert staff, Aries Indanato, said his office is committed to guarding the process of the development of Cirata Floating Solar Power Plant from the beginning to the end. It is a strategic project that contributes to new and renewable energy in Indonesia.

The West Java Province has attracted the highest foreign investment in the past few years. The West Java Regional Government and its relevant stakeholders are expected to guard the projects until they are completed. It is hoped that the project will be beneficial for the surrounding community.

Aries said that the Cirata project was a follow-up to President Joko Widodo’s previous visit to the UAE. The state-owned companies of both countries, Indonesia’s PLN and UAE’s Masdar, then signed a memorandum of understanding regarding the development of the floating solar power plant in Indonesia.

Meanwhile, Mohammad Jameel Al Ramahi, CEO of Masdar, said that Cirata Floating Solar Power Plant was a strategic project for the company.

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“This is our first joint venture project in this region. Masdar has been operating the business in more than 30 countries and has developed [the solar power plant] with a total capacity of around 11 GW worldwide,” Jameel said.

Jameel went on to add that the Cirata Floating Solar Power Plant project is an important milestone for the company. Besides, it will strengthen the bilateral cooperation between Indonesia and the UAE.

(Writer: Muhammad Idris | Editor: Muhammad Idris)

Source: https://money.kompas.com/read/2020/12/19/095600726/terbesar-di-asean-plts-di-waduk-cirata-dibangun-mulai-tahun-depan?page=all#page4.