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Indonesia Partners with ACWA Power to Develop 92 MWp Saguling Floating Solar Power Plant
In a significant step toward advancing renewable energy, Indonesia has entered into a purchase agreement with ACWA Power to develop the 92 MWp Saguling Floating Solar Power Plant in West Java. This partnership is set to play a pivotal role in the country’s clean energy strategy, with the project expected to reduce carbon emissions by 120,000 tons annually. The floating solar power plant, a cutting-edge project in the region, exemplifies the growing collaboration between Indonesia and Saudi Arabia in the energy sector. This initiative reflects a shared commitment to addressing global warming by transitioning from fossil fuels to renewable energy sources. “The Saguling Floating Solar Power Plant is not just about meeting our clean energy goals; it’s about ensuring a sustainable future for the next generation,” stated a spokesperson from the Indonesian government. “Our partnership with ACWA Power is a testament to the global unity required to tackle the pressing challenges of climate change.”
Constant Energy Forms Consortium with BayWa r.e. APAC and Sun Energy Ventures for Major Solar Initiative
Constant Energy has announced the formation of a consortium with BayWa r.e. APAC and Sun Energy Ventures to support the 2GW Large Scale Solar (LSS) Round 5, launched by Suruhanjaya Tenaga (Energy Commission). This initiative includes a pivotal 29.9MWac solar project, part of Malaysia’s National Energy Transition Roadmap (NETR), which targets achieving 70% renewable energy by 2050. The consortium, comprised of industry leaders BayWa r.e. and Sun Energy Ventures, brings substantial experience and a proven track record in Malaysian solar projects, including previous LSS rounds. The collaboration promises to leverage a combined expertise of over 6GW in renewable energy, enhancing the nation’s capacity to meet its ambitious renewable energy goals.
PLN And GD Power Collaborate On 129 MW Floating Solar Plant In East Java
PT PLN (Persero) has entered into a strategic partnership with Hong Kong-based GD Power Overseas Investment Company Limited (GD Power) to develop the Karangkates Floating Solar Power Plant (PLTS) in East Java. This plant, with a capacity of 129 Megawatt peak (MWp), marks a significant step in Indonesia’s energy transition efforts. The collaboration was formalized with the signing of a Letter of Intent (LoI) between PLN, PLN Nusantara Renewables, and GD Power in Jakarta. PLN President Director Darmawan Prasodjo emphasized the importance of this partnership in advancing green energy initiatives in Indonesia. “The LoI for the 129 MWp Karangkates Floating Solar Power Plant has been signed today. This collaboration is crucial as we aim to balance economic growth with environmental sustainability,” said Darmawan.
Indonesia And Japan Strengthen Energy Sector Cooperation With New Memorandum Of Coordination
In a significant step towards bolstering bilateral relations, the Ministry of Energy and Mineral Resources (ESDM) of Indonesia and the Ministry of Economy, Trade and Industry (METI) of Japan have signed a Memorandum of Coordination (MoC) to enhance cooperation in the energy sector. The agreement was formalized at a ceremony in Jakarta, with Indonesian ESDM Minister Bahlil Lahadalia and METI Minister Ken Saito in attendance. The signing was facilitated by Minister of Investment/Investment Coordinating Board (BKPM) Rosan Roeslani. The MoC aims to establish a robust framework for institutional cooperation between the two nations, focusing on mutual benefits and equality. Secretary General of the Ministry of ESDM, Dadan Kusdiana, highlighted the key areas of collaboration, which include developing an energy transition roadmap toward net zero emissions, advancing renewable energy technologies, and enhancing energy efficiency.
ACEN, GenZero, and Keppel Collaborate to Accelerate Coal Plant Retirement in Southeast Asia
ACEN, GenZero, and Keppel Ltd. (Keppel) have officially signed a Memorandum of Understanding (MOU) to jointly explore the development and utilization of Transition Credits (TCs) aimed at accelerating the retirement of the South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant (CFPP) in Batangas, Philippines. The project aims to replace the coal-fired facility with a clean energy dispatch facility, positioning it as one of the first coal plants in the world to generate TCs upon completion. This groundbreaking initiative underscores the partners’ collective commitment to facilitating a just and orderly transition to clean energy across Southeast Asia. Coal-fired power plants (CFPPs) are the single largest source of carbon emissions globally, and Southeast Asia houses the world’s fourth-largest CFPP fleet, with an average age of under 15 years. Early retirement of these plants, including SLTEC, is considered a crucial step for the region to meet the Paris Agreement goals and achieve global net-zero targets by 2050.
PT PLN And PT Agincourt Resources Partner For Major REC Deal To Boost Green Energy In Indonesia
PT PLN (Persero) has announced a significant step in its commitment to sustainable energy through the sale of Renewable Energy Certificates (RECs) to PT Agincourt Resources. The gold mining company has purchased 275,000 REC units, equivalent to 275 Megawatt hours of renewable energy, from PLN’s North Sumatra Main Distribution Unit (UID). The sale and purchase agreement, signed in Medan, marks a milestone in PLN’s efforts to promote environmentally friendly energy solutions. PLN President Director Darmawan Prasodjo highlighted that this collaboration exemplifies PLN’s role in facilitating the clean energy transition in Indonesia. “This partnership underscores PLN’s commitment to supporting green energy and enhances our position as a key player in advancing an environmentally friendly industry in Indonesia,” Prasodjo stated. He emphasized that the REC service offers customers a way to receive recognition for their use of transparent and internationally recognized renewable energy sources.
FDC Utilities To Triple Power Generation Capacity By 2033 With Focus On Renewables
FDC Utilities, Inc. (FDCUI), a wholly owned subsidiary of Filinvest Development Corporation (FDC), has announced plans to significantly increase its generating capacity from the current 411 megawatts (MW) to 1,350 MW by 2033. Notably, 71% of this expansion will be driven by renewable energy sources. This ambitious plan aligns with the Department of Energy’s (DOE) Power Development Plan (2023-2050), which anticipates a 5.5% annual growth in peak demand until 2030. It also supports the national government’s objective to boost the share of renewable energy in the country’s energy mix. FDCUI President and CEO Juan Eugenio Roxas emphasized the company’s commitment to enhancing energy security and resilience. “We are dedicated to ensuring a stable energy supply for both immediate and future needs. Our efforts will support the country’s economic growth and improve its resilience against unexpected energy supply disruptions,” Roxas said.
INDEFOL SOLAR Signs MOU with Adidas for Renewable Energy Deployment in Vietnam
INDEFOL SOLAR has entered into a Memorandum of Understanding (MOU) with global sportswear giant Adidas to implement a Direct Power Purchase Agreement (DPPA) scheme in Vietnam. The collaboration is set to deploy up to 600 GWh per annum of renewable energy, unlocking $600 million in green financing opportunities. The long-term off-take contract, which spans between 20 to 30 years, will be backed by Adidas’s valued suppliers. This partnership will see the integration of INDEFOL SOLAR’s advanced DPPA technology, which combines solar, hydrogen, wind, and Battery Energy Storage Systems (BESS) to provide long-hour storage and stable power supply to factories. This initiative will enable Adidas to continue producing high-quality products powered entirely by renewable energy, contributing to a more sustainable future.
Spotlight Power’s PHP1.9 Billion Solar Project Receives Green Lane Certification From BOI
The Board of Investments (BOI) has awarded a green lane certificate to Spotlight Power, Inc. (SPI) for its PHP1.9 billion solar power plant project in Pangasinan. Announced on Tuesday, the 49.9-megawatt Mabini Solar Power Plant is slated to begin operations in the second quarter of 2026. Situated in Barangay San Pedro, Mabini, the ground-mounted solar farm is expected to create approximately 150 jobs from pre-development through to commercial operations. SPI, a Philippines-based renewable energy company, specializes in solar photovoltaic (PV) modules and other renewable energy technologies. The project is supported by Trina Solar Investment Pte. Ltd., the investment branch of Trina Solar Co. Ltd., a leading global provider of smart PV and energy storage solutions.
Indonesia Faces Challenges In Transitioning Away From Coal For Clean Energy – Report
A new report by Ember, released highlights the hurdles Indonesia faces in its transition from fossil fuels, particularly coal, to cleaner energy sources. Despite setting ambitious renewable energy targets, the country’s progress has been slow, stalling its efforts to combat climate change. The report reveals a significant increase in Indonesia’s reliance on coal for electricity generation. Coal-fired power plants have nearly doubled their capacity in the past decade, contributing to a sharp rise in greenhouse gas emissions. While the government has set goals to boost the share of renewable energy in the energy mix, the actual implementation has fallen short. |
