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Wed 29 Nov 2017 03:44 PM

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UAE's Masdar inks deal to build floating solar plant in Indonesia

Agreement with PT Pembangkitan Jawa-Bali will develop world's largest floating solar power project

UAE's Masdar inks deal to build floating solar plant in Indonesia

Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of the state electricity company Perusahaan Listrik Negara (PLN), and Abu Dhabi's Masdar have signed a project development agreement for the world’s largest floating solar photovoltaic power plant.

With a capacity of 200 megawatt (MW), the plant will cover an area of 225 hectares atop the Cirata Reservoir in the West Java province of Indonesia. The 6,000-hectare Cirata Reservoir already powers a 1GW hydroelectric power station.

The planned 200MW floating PV project will be mounted on 700,000 floats moored to the bed of the Cirata reservoir and connected by electrical cables to an onshore high-voltage substation.

Besides producing clean power, the facility will provide shading against the sun, reducing evaporation from the reservoir and limiting the growth of algae.

With a population of more than 250 million, Indonesia has set a renewable energy target of 31 percent by 2050.

“PJB is excited and looking forward to working with Masdar,” said Iwan Agung Firstantara, president director of PT PJB. “We believe this project development agreement is a milestone in the development of other floating PV solar power plants.”

Mohamed Jameel Al Ramahi, CEO of Masdar, added: “The agreement with PT PJB for the world’s largest floating solar power plant demonstrates Masdar’s ambition as a global renewable energy leader and the strength of our industry partnerships.”

Since 2006, Masdar has invested in renewable energy projects with a combined value of $8.5 billion, with the company’s share of this investment totalling $2.7 billion.

Last year, a Masdar-led consortium was appointed to build the 800MW third phase of the Mohamed Bin Rashid Al Maktoum Solar Park in Dubai, quoting a record low price for solar power generation.

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