Masdar expands solar projects in Indonesia: State-run renewables giant Masdar and Indonesian state-owned electricity company PT PLN have signed two agreements for floating solar power projects, according to a press release. The first was an MoU to develop a 100 MW floating solar power plant at the Jatigede Dam reservoir in West Java, with construction beginning this year and completion slated for 2027. The second was a Principles of Agreement to study a potential 500 MW expansion of Masdar’s pre-existing 145 MWac Cirata Floating PV plant.

REMEMBER– The pair signed a joint development study agreement to triple the plant’s capacity to 500 MW and to develop solar, wind, and green hydrogen products in Indonesia and abroad in May 2024. Masdar is funneling USD 30 bn towards its plan to expand its global clean energy portfolio to 100 GW by 2030.

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