Abu Dhabi Future Energy Company PJSC – Masdar, a renewable energy firm, has forged a partnership for collaboration with state-owned utility firm, PLN, based in Indonesia. The firms are looking into major development plans for Southeast Asia’s largest floating solar power plant and explore green hydrogen opportunities.
The initiative, taken at the UN’s Climate Change Conference COP28 in the UAE, builds further on the partnership between Masdar and PLN that led to the Southeast Asia’s largest floating solar power plant, the Cirata project of 145 MW. The project generates enough power for 50,000 homes.
The collaboration entails a framework agreement for a joint study into tripling Cirata’s capacity to up to 500 MW. The two firms have also joined hands for the exploration of renewable energy options around the world while setting sights on the development of green hydrogen.
The UAE as well as Indonesia promise abundant solar resources, making them frontrunners as green hydrogen production hubs.
Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi, stated, “Masdar looks forward to expanding its pioneering clean energy work with PLN. We were extremely proud to inaugurate the 145MW (192MWp) floating solar power plant with our valued partners earlier this month. The Cirata project shows how innovation can be used to meet multiple needs at once. The plant powers homes, cuts emissions, has created jobs and reduced land use because it is built on water.” He added, “As the world looks for urgent solutions to the climate crisis at COP28, we need more smart projects like Cirata. With its robust economy and abundant renewable resources, Southeast Asia is a key investment destination for Masdar. Through our deepening cooperation with PLN, we will continue pioneering innovation in solar, green hydrogen and other key areas in support of the region’s energy transition.”
In another major announcement from Masdar, EDF Renewables, Saudi conglomerate Nesma Company and Masdar joined hands with the Saudi Power Procurement Company (SPPC) for the development of a solar plant with capacity of 1100 MW.