ABU DHABI [UAE], September 28 (ANI/WAM). Abu Dhabi Future Energy Company PJSC - Masdar and PLN Nusantara Power (PLN NP) have signed an agreement for the development of the successful Sirata Phase II floating photovoltaic power plant (FPV). . 500MW of Indonesia's largest FPV plant, a major expansion in Southeast Asia. The signing ceremony was attended by the Minister of Energy and Infrastructure of the United Arab Emirates Suhail Mohammed Al Mazrouei. Indonesian Defense Minister Prabowo Subianto; and Coordinating Minister of Maritime Affairs and Investment Luhut Binsar Panjaitan.
Abdullah Salem Obaid Al Daheri, Ambassador of the United Arab Emirates to Indonesia and ASEAN, also participated. and Hussain Baggis, Ambassador to Indonesia. The ceremony took place during the UAE-Indonesia Economic Forum organized by the UAE Embassy in Indonesia to strengthen the clean energy partnership between the two countries. The first phase of the innovative 145 MW floating PV project, located on the Sirata Reservoir in West Java, Indonesia, is expected to be operational by the end of this year. Recent regulatory developments by the Ministry of Public Works and Public Housing (PUPR) now allow up to 20 percent of surface water to be used for renewable energy, which will unlock an additional 500 MW of Sirata expansion on top of the estimated 145 MW . in the year.
The UAE Minister of Energy and Infrastructure said: “The UAE and Indonesia share the same vision of sustainable development and recognize that renewable energy is at the core of this vision. I'm excited to see this partnership take it to the next level. This is our priority for COP28. The energy transition will be a priority to achieve a tripling of renewable energy by 2030. The UAE Ambassador to Indonesia commented. “Indonesia and the UAE will show when we host the UAE-Indonesia Economic Forum. to the world of our shared leadership of climate action that will benefit the environment and the economy. Nice to see their updates. Supporting the global energy transition."
Indonesia is an important strategic market for Masdar's portfolio of interests in Southeast Asia. Masdar PT PJB is currently building the largest floating solar power plant in the region, the 145 MW Cirata Floating Solar Power Plant (Cirata I Phase), together with PLN NP. In February 2023, Masdar entered the geothermal energy sector with a strategic investment in Pertamina Geothermal Energy (PGE). Masdar also opened an office in Jakarta, Indonesia in 2021 to further strengthen its relationships with key players in the region.
Masdar CEO Mohammed Jamel Al Ramahi said: “Masdar is pushing the boundaries of innovation with the Sirata floating solar PV project, the largest project in the region in the UAE and Indonesia with a capacity of 145 MW, and will continue to grow exponentially. 500 MW as part of Phase II. In the strategic key markets of Southeast Asia and Indonesia, Masdar is building on our manufacturing partnership with PLN Group to increase renewable energy capacity and support Indonesia's net zero goals from COP28. Indonesia plans to increase its renewable energy mix and pledges to achieve clean emissions by 2060 or earlier. The Southeast Asian country has committed to reducing greenhouse gas (GHG) emissions by 29 percent by 2030, or 41 percent with international support.
The agreement to extend the Memorandum of Understanding (MoU) ahead of COP28 in the United Arab Emirates later this year demonstrates the UAE's commitment to supporting countries around the world in their plans for a clean and green future. Expanding renewable energy could save Indonesia, the Association of Southeast Asian Nations (ASEAN), $51.7 billion a year when the effects of air pollution and climate change are taken into account, according to the World Renewable Energy Agency. (Irena)
“We are pleased to extend our successful partnership with Madar to expand our renewable energy portfolio in Indonesia. The Siratan floating solar power plant has become a regional leader in scale and innovation. "This next phase of development will include Southeast Asia's largest floating solar PV platform with a capacity of 145 MW," said PLN NP President Ruli Farmansiah. NP PLN and Masdar may be operational this year. Founded in 2006, Masdar operates in more than 40 countries with a total electricity generation capacity of more than 20 GW. The country has ambitious plans to reach 100 GW capacity and 1 million tons of green hydrogen by 2030 with an investment of 30 billion. The country has invested or committed to invest in international projects worth more than USD. (ANI/WAM)
(This story was not edited by DevDiscourse staff and was generated from an automated feed.)
