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

Indonesia will begin to build the Cirata floating solar power plant worth about $129 million in 2021 as it was formally announced in a ceremony held at the Cirata Reservoir in West Java on Thursday, December 17.

“Alhamdulillah [Praise be to God] the launch ceremony of the development for the 145 megawatts Cirata Floating Photovoltaic (PV) Power Plant in Cirata Reservoir, Cipeundeuy, in West Bandung regency has been done,” said West Java secretary Setiawan Wangsaatmaja as quoted by State News Antara on Saturday, December 19.

The power plant is developed by PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero) in a joint venture with Masdar, a United Arab Emirates-based renewable energy company. Under a consortium called PT Pembangkitan Jawa-Bali Masdar Solar Energi, PJBI owns 51 percent of the company shares, while Masdar owns a 49 percent share.

The total investment of the project in Cirata reaches about $129 million and it is under the National Strategic Project (PSN), which will be prioritized by the Indonesian government due to its economic and social benefits to the country.

“This is one of Southeast Asia’s largest solar panel projects which has a capacity of 145 megawatts. This is a truly environmentally friendly power plant,” said Setiawan.

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