Jokowi Inaugurates Largest Floating Solar Power Plant in Southeast Asia

Reuters are reporting that President Jokowi inaugurated a 192-megawatt peak (MWp) floating solar power plant on Wednesday (08/11/23) on the Cirata reservoir in West Java as part of a drive to increase renewable energy sources and switch away from coal.

The IDR 1.7-trillion (approx. USD 108.70-million) project was developed by PLN Nusantara Power, a unit of Indonesia’s state utility company Perusahaan Listrik Negara (PLN) and United Arab Emirates renewable energy company Masdar, a unit of Mubadala Investment Company.

“I spoke with Minister Thani from the UAE that this would be expanded to around 500 MWp and we hope more renewable energy could be developed in Indonesia,” the president popularly known as Jokowi told reporters, referring to UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi.

The solar power infrastructure was built on Cirata reservoir, 108-kilometres (67.11-miles) southeast of the Indonesian capital of Jakarta. A hydropower plant at the dam has an installed capacity of about 1,008 MW.

According to Tempo, the plant is the largest floating solar farm in Southeast Asia and the third largest in the world.

Capacity could be expanded up to 1,000 MWp, PLN chief executive Darmawan Prasodjo said, as the 13-arrays installed so far only occupied 4-percent of the reservoir’s surface, according to Reuters.

Regulations permit up to 20-percent of the reservoir’s area to be utilised by the solar plant, Darmawan said, adding that discussions were underway with Mubadala for the next phase of the expansion.

“This is just the beginning. The president instructed us to maintain the momentum so that renewable energy development could be escalated,” Darmawan said at the same event.

Reuters are reporting that renewable energy accounted for 12.3-percent of Indonesia’s energy mix in 2022, and Jokowi said that the target of 23-percent by 2025 would probably be missed.

“It is not easy because there was COVID-19 pandemic, we could not reach it. But our commitment is to keep moving to achieve the target we have promised,” Jokowi said, but he expressed optimism that Indonesia would be able to harness the potential of renewable energy from technologies available in the country, such as solar and wind power plants. The Cirata PLTS is a significant step for Indonesia towards achieving its renewable energy goals, say Tempo.

Source: Tempo, Reuters

Stock image by CHUTTERSNAP on Unsplash

Latest Article
Indonesia, China Discuss Economic Cooperation
President Jokowi received an honorary visit from Wang Yi, the Minister of Foreign Affairs of the People’s...
President Meets Tony Blair, Discusses Energy Investment and Accelerating Digital Transformation
In a release published on the website of The President of The Republic of Indonesia, President Jokowi...
Kominfo: Microsoft to Invest in Indonesia
Usman Kansong, the Director General of Communication and Public Information at the Communication and...
USTDA Advances Smart City Solutions for Nusantara
A press release published by the U.S. Trade and Development Agency (USTDA) on Wednesday (17/4/24,) announced...
BI Expected to Raise Interest Rates as Rupiah Weakens
According to reporting from Jakarta Globe, Bank Indonesia (BI) is anticipated to increase its benchmark...

Andrzej Barski

Director of Seven Stones Indonesia

Andrzej is Co-owner/ Founder and Director of Seven Stones Indonesia. He was born in the UK to Polish parents and has been living in Indonesia for more than 33-years. He is a skilled writer, trainer and marketer with a deep understanding of Indonesia and its many cultures after spending many years travelling across the archipelago from North Sumatra to Irian Jaya.

His experience covers Marketing, Branding, Advertising, Publishing, Real Estate and Training for 5-Star Hotels and Resorts in Bali and Jakarta, which has given him a passion for the customer experience. He’s a published author and a regular contributor to local and regional publications. His interests include conservation, eco-conscious initiatives, spirituality and motorcycles. Andrzej speaks English and Indonesian.

Terje H. Nilsen

Director of Seven Stones Indonesia

Terje is from Norway and has been living in Indonesia for over 20-years. He first came to Indonesia as a child and after earning his degree in Business Administration from the University of Agder in Norway, he moved to Indonesia in 1993, where he has worked in leading positions in education and the fitness/ wellness industries all over Indonesia including Jakarta, Banjarmasin, Medan and Bali.

He was Co-owner and CEO of the Paradise Property Group for 10-years and led the company to great success. He is now Co-owner/ Founder and Director of Seven Stones Indonesia offering market entry services for foreign investors, legal advice, sourcing of investments and in particular real estate investments. He has a soft spot for eco-friendly and socially sustainable projects and investments, while his personal business strengths are in property law, tourism trends, macroeconomics, Indonesian government and regulations. His personal interests are in sport, adventure, history and spiritual experiences.

Terje’s leadership, drive and knowledge are recognised across many industries and his unrivalled network of high level contacts in government and business spans the globe. He believes you do good and do well but always in that order. Terje speaks English, Indonesian and Norwegian.

Contact Our Consultants

Ridwan Jasin Zachrie

CFO of Seven Stones Indonesia, Jakarta

Ridwan is one of Indonesia’s top executives with a long and illustrious career in the financial world. He holds several professional certifications including being a Certified Business Valuer (CBV) issued by the Australian Academy of Finance and Management; Broker-Dealer Representative (WPPE); and The Directorship Certification for Directors and Commissioners, issued by the Indonesian Institute of Commissioners and Directors.

His experience includes being the Managing Director at one of the top investment banking groups in the region, the Recapital Group, the CFO at State-owned enterprises in fishery industry and the CEO at Tanri Abeng & Son Holding. He’s also been an Independent Commissioner in several Financial Service companies and on the Audit and Risk Committee at Bank BTPN Tbk, Berau Coal Energy Tbk, Aetra Air Jakarta as well as working for Citibank, Bank Mandiri and HSBC. His last position was as CFO at PT Citra Putra Mandiri – OSO Group.

Ridwan has won a number of prestigious awards including the Best CFO Awards 2019 (Institute of Certified Management Accountant Australia-Indonesia); Asia Pacific Young Business Leader awarded by Asia 21 Network New York USA (Tokyo 2008); UK Alumni Business Awards 2008 awarded by the British Council; and The Most Inspiring Human Resources Practitioners’ version of Human Capital Magazine 2010.

He’s a member of the Board of Trustees of the Alumni Association of the Faculty of Law, Trisakti University, Co-Founder of the Paramadina Public Policy Institute and actively writes books, publications and articles in the mass media. He co-authored “Korupsi Mengorupsi Indonesia” in 2009, which helps those with an interest in understanding governance in Indonesia and the critical issue of corruption. Ridwan speaks Indonesian and English.

Per Fredrik Ecker

Managing Director of Seven Stones Indonesia, Jakarta

Per is the Managing Director of the Seven Stones Indonesia (SSI) Jakarta office and has more than 25-years’ experience in Indonesia, China, and Western Europe. He previously worked in senior management positions with Q-Free ASA, Siemens AG, and other companies in the telecom sector. Over the last six years, he has been the Chairman of the Indonesia-Norway Business Council (INBC) and recently become elected to be on the board of EuroCham Indonesia.

His most recent experience is within Intelligent Transport Solutions (ITS), Telecom, and other sectors within the Indonesian market. He is today through his position in SSI and by representing Norway Connect, promoting Nordic and European companies that would like to explore business opportunities in the Indonesian market. He’s also playing an active role to help create the Nordic House concept in Jakarta that will provide an excellent platform for Nordic companies entering Indonesia, where they’ll find a community that can offer support with trusted information and affordable services to enter this market.