PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), was formally announced at a ceremony at the Cirata reservoir in West Java, where the Cirata Floating Photovoltaic Power Plant will be located. The Cirata plant, which will be located on a 250-hectare plot on the 6200-hectare reservoir, will power 50,000 homes, offset 214,000 tons of carbon dioxide emissions and contribute to the creation of up to 800 jobs. The 145MW scheme has been designated a National Strategic Project by the Indonesian government, giving it priority status and recognizing its economic and social benefits to the nation. Creation of this joint venture company will enable us to continue the exceptional progress we have made on the Cirata plant with our development partner PT PJBI.
Demonstrates the continuing strong relationship enjoyed between the United Arab Emirates and Indonesia, and will support the transfer and exchange of knowledge between our two countries. Masdar looks forward to extend its successful collaboration and strategic partnership with PJBI and PLN to expand its presence and investments in Indonesia. Indonesia, the world’s largest archipelago, is targeting 23% of its energy mix coming from renewables by 2025 under its Electricity Infrastructure Acceleration Programme. The government is currently considering plans to develop an additional 60 floating PV plants, capitalizing on its more than 600 lakes and reservoirs, and helping to preserve precious land resources.