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Masdar JV starts construction on Indonesia s first utility-scale floating solar power plant

Masdar JV starts construction on Indonesia’s first utility-scale floating solar power plant 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP The 145-megawatt Cirata Floating Photovoltaic Power Plant is expected to begin commercial operations in Q4 2022 August 4, 2021 Abu-Dhabi headquartered renewable and clean energy company Masdar, along with its joint venture partner, said on Tuesday that financial close had been achieved on the Cirata Floating Photovoltaic Power Plant project in Indonesia and that construction work on it had begun. Masdar has partnered with PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN. Financing for the project, which is Indonesia’s first floating solar power plant, was arranged through Sumitomo Mitsui Banking Corporation, Societe Generale, and Standard Chartered Bank.

Masdar achieves financial close on Indonesia s first floating PV plant

Masdar achieves financial close on Indonesia s first floating PV plant ABU DHABI, 5 hours, 40 minutes ago Leading renewable energy company Masdar said along with PT PJBI, a subsidiary of Indonesia’s state-owned electricity company PT PLN, it has achieved financial close on Cirata Floating Photovoltaic Power Plant project. The construction work has already begun on the 145 MW project.   Set to be the largest of its kind in Southeast Asia and one of the largest in the world, the plant is being built on the Cirata reservoir in the West Java Province.    Once completed, it will provide enough electricity to power 50,000 homes, and will offset 214,000 tonnes of carbon dioxide emissions, and contribute to the creation of up to 800 jobs.

Masdar JV starts construction on Indonesia s floating power plant

Masdar JV starts construction on Indonesia s floating power plant
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Tourism: a socio-economic priority for Indonesia

Tourism: a socio-economic priority for Indonesia
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