Masdar and PT PJBI form joint venture to drive development of Indonesia's first floating solar power plant
Retrieved on:
Thursday, December 17, 2020
Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), was formally announced at a ceremony at the Cirata reservoir in West Java, where the project will be located.
Key Points:
- Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), was formally announced at a ceremony at the Cirata reservoir in West Java, where the project will be located.
- The Cirata project marks the UAE's first investment in Indonesia's renewable energy sector, and will contribute to the nation's sustainable development."
- "The creation of this joint venture company, PMSE, will enable us to continue the exceptional progress we have made on the Cirata Floating Photovoltaic Power Plant with our development partner PT PJBI," said Mohamed Jameel Al Ramahi, CEO of Masdar.
- Through our joint venture company PJBI with Masdar, we commit to contribute to the development of new renewable energy power plants.