In January 2020, Masdar signed a power purchase agreement (PPA) with PT PLN Nusantara Renewables, a subsidiary of PT Perusahaan Listrik Negara (Persero) (PLN), the state-owned electricity company in Indonesia. The agreement was to build Southeast Asia’s largest floating solar power plant.
The 145 megawatt (MW) plant, which is Masdar’s first floating PV project and its first renewable energy project in the Southeast Asian market, is built on a 250-hectare plot of the Cirata Reservoir, in the West Java province of Indonesia.
Indonesia is the largest energy user in the Association of Southeast Asian Nations (ASEAN) region, and the country is targeting 23 percent of its energy mix to come from renewables by 2025, rising to 31 percent by 2030.
There are a number of benefits to floating solar panels as expanding populations result in land resources being increasingly allocated to housing, agriculture and industry. Floating panels can be more efficient, due to the water’s cooling effect, while they also reduce evaporation, saving fresh water for drinking and provide a dual use since water surfaces can be used to generate electricity.
West Java region
Project Completion Year