{"id":74667,"date":"2022-11-07T02:13:26","date_gmt":"2022-11-07T02:13:26","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/acwa-power-gets-green-light-on-floating-solar-plants-in-indonesia\/"},"modified":"2022-11-07T02:13:26","modified_gmt":"2022-11-07T02:13:26","slug":"acwa-power-gets-green-light-on-floating-solar-plants-in-indonesia","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/acwa-power-gets-green-light-on-floating-solar-plants-in-indonesia\/","title":{"rendered":"Acwa Power gets green light on floating solar plants in Indonesia"},"content":{"rendered":"

<\/a> Tadawul-listed<\/strong> Acwa Power<\/a><\/strong> enters Indonesia: <\/strong>Indonesia\u2019s state-owned electricity utility company PT Perusahaan Listrik Negara<\/a> (PLN) has tapped Acwa Power to develop two floating solar PV solar projects worth USD 105 mn, according to a company statement<\/a>.<\/p>\n

The details: <\/strong>The floating projects will yield 60 and 50 MW of AC power (MWac<\/a>) each and will be the first of their kind for Acwa Power, whose equity in the projects amounts to 49%. The majority stake will be held by Indonesia Power<\/a> \u2014 a subsidiary of PLN.<\/p>\n

Indonesia has a renewables target:<\/strong> The country\u2019s National General Energy Plan aims to secure 23% of Indonesia\u2019s energy needs from renewables by 2025.<\/p>\n

IN CONTEXT<\/strong>- Entry into the Indonesian market is one of many moves planned to take<\/a>, in addition to eyeing a project in Thailand, CEO Paddy Padmanathan told Arab News<\/a> last month. Acwa Power is also mulling new projects in existing markets like Uzbekistan, Azerbaijan, South Africa, Morocco, Senegal, and Egypt. The energy giant\u2019s 700 MW solar power plant in Dubai is set to come online in 2023, Padmanathan said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tadawul-listed Acwa Power enters Indonesia: Indonesia\u2019s state-owned electricity utility company PT Perusahaan Listrik Negara (PLN) has tapped Acwa Power to develop two floating solar PV solar projects worth USD 105 mn, according to a company statement. The details: The floating projects will yield 60 and 50 MW of AC power (MWac) each and will be […]<\/p>\n","protected":false},"author":1,"featured_media":74668,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[171],"tags":[11,295,88,159,94,42],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74667","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar","tag-enterpriseclimate","tag-indonesia","tag-renewables","tag-saudi-arabia","tag-solar","tag-solar-energy","wpautop","entry"],"acf":{"mongo_id":"2db16a38-c2c8-45c6-a3c3-74e5bfba9d9c","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/11\/6412.jpg","photo_position":"above","related_issue":[74656],"teaser":"","voice_url":""},"yoast_head":"\nAcwa Power gets green light on floating solar plants in Indonesia - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/acwa-power-gets-green-light-on-floating-solar-plants-in-indonesia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Acwa Power gets green light on floating solar plants in Indonesia\" \/>\n<meta property=\"og:description\" content=\"Tadawul-listed Acwa Power enters Indonesia: Indonesia\u2019s state-owned electricity utility company PT Perusahaan Listrik Negara (PLN) has tapped Acwa Power to develop two floating solar PV solar projects worth USD 105 mn, according to a company statement. The details: The floating projects will yield 60 and 50 MW of AC power (MWac) each and will be […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/acwa-power-gets-green-light-on-floating-solar-plants-in-indonesia\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-07T02:13:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/6412.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/acwa-power-gets-green-light-on-floating-solar-plants-in-indonesia\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/acwa-power-gets-green-light-on-floating-solar-plants-in-indonesia\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Acwa Power gets green light on floating solar plants in Indonesia\",\"datePublished\":\"2022-11-07T02:13:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/acwa-power-gets-green-light-on-floating-solar-plants-in-indonesia\/\"},\"wordCount\":183,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/acwa-power-gets-green-light-on-floating-solar-plants-in-indonesia\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/11\/6412.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseClimate\",\"Indonesia\",\"renewables\",\"Saudi Arabia\",\"SOLAR\",\"solar energy\"],\"articleSection\":[\"SOLAR\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/acwa-power-gets-green-light-on-floating-solar-plants-in-indonesia\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2022\/11\/07\/acwa-power-gets-green-light-on-floating-solar-plants-in-indonesia\/\",\"name\":\"Acwa Power gets green light on floating solar plants in Indonesia - 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