Masdar and PLN NP to Triple the Size of ASEAN’s Largest Floating Solar Plant

Abu Dhabi Future Energy Company PJSC – Masdar, and PLN Nusantara Power (PLN NP), have signed an agreement to develop Phase II of the successful Cirata floating photovoltaic (FPV) power plant in Indonesia by up to 500MW, in a major expansion to Southeast Asia’s largest FPV plant.

The initial 145MW phase of the innovative floating PV project, located in the Cirata reservoir in West Java, Indonesia, is expected to come online later this year. A recent regulatory development from the Ministry of Public Works and Housing in Indonesia now allows up to 20% of water coverage for renewable energy uses which will open up the Cirata expansion to a further 500MW, in addition to the 145MW expected to be operational this year.

Indonesia is a key strategic market in Southeast Asia for Masdar with an expanding portfolio of interests. Masdar developed the region’s largest floating solar facility, the 145 MW Cirata floating solar PV plant (Cirata Phase I) in a joint venture with PT PJB, now PLN NP.

In February 2023, Masdar entered the geothermal energy sector through a strategic investment in Pertamina Geothermal Energy (PGE). Masdar also opened an office in Jakarta, Indonesia, in 2021 to further strengthen links with key players within the region.

Indonesia has plans to increase its renewable energy mix and has pledged to reach net-zero emissions by 2060 or sooner. The Southeast Asian nation has committed to a 29% reduction in greenhouse gas (GHG) emissions by 2030, or a 41% reduction with international support.

Ahead of COP28 to be hosted in the UAE later this year, the Memorandum of Understanding (MoU) expansion agreement demonstrates the UAE’s commitment to supporting countries around the world with their decarbonisation plans for a cleaner, greener future.

Scaling up renewables could save Indonesia, the largest energy user in the Association of Southeast Asian Nations (ASEAN) region, as much as US$ 51.7 billion per year when the impacts on air pollution and climate change are included, according to the International Renewable Energy Agency (IRENA).

President Director of PLN NP, Ruly Firmansyah, said: “We’re delighted to be growing our renewable energy portfolio for Indonesia as we extend our successful partnership with Masdar. The Cirata floating solar photovoltaic power plant is already a regional leader in size and innovation. With this next phase of development, we can further expand what is already the largest floating solar PV platform in Southeast Asia at 145MW which PLN NP and Masdar will be bringing into operation this year.”

Established in 2006, Masdar is active in more than 40 countries with a total combined electricity generation capacity of more than 20GW. It has invested, or committed to invest, in worldwide projects with a combined value of more than US$30 billion with ambitious growth plans to reach 100GW and 1 million tonnes of green hydrogen by 2030.