In a significant move to boost renewable energy capacity in Southeast Asia, Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s leading clean energy firm, and Indonesia’s state-owned electricity company PT PLN (Persero) have signed two important agreements to promote floating solar power development in the region.
These agreements were formalized during the state visit of H.E. Prabowo Subianto, President of the Republic of Indonesia, to the United Arab Emirates. The signatories included Mohamed Jameel Al Ramahi, CEO of Masdar, and Dr. Darmawan Prasodjo, President Director of PLN.
As part of the arrangement, a Memorandum of Understanding (MoU) was established to collaboratively develop a floating solar power project at the Jatigede Dam reservoir in West Java. This initiative follows Masdar’s successful bid under the Hijaunesia 2023 program, where it proposed the lowest tariff. Construction is expected to commence this year, with completion anticipated by 2027.
Additionally, the two parties signed a Principles of Agreement to explore the expansion of Masdar’s existing 145MWac Cirata Floating Photovoltaic Power Plant, which began operations in November 2023. The Cirata plant currently provides clean electricity to over 50,000 homes and offsets around 214,000 tonnes of carbon emissions annually.
Masdar’s CEO,
Mohamed Jameel Al Ramahi, highlighted the strategic significance of the partnership:
“The Jatigede project will be a strong addition to our collaboration with PLN… These agreements demonstrate our continued commitment to supporting Indonesia’s ambitious renewable energy objectives.”
In agreement, PLN’s President Director, Dr. Darmawan Prasodjo, remarked:
“PLN is fully committed to leading Indonesia’s energy transition. These collaborations reflect the global synergy required to tackle the climate crisis.”
Indonesia, with its more than 17,000 islands and over 600 natural lakes and reservoirs, is seen as an ideal location for floating solar deployment. The country aims to achieve net-zero emissions by 2050, with President Prabowo announcing a goal to install over 75GW of renewable capacity within the next 15 years.
These agreements further strengthen the UAE’s economic and sustainability-focused engagement with Indonesia. In 2021, Masdar opened a regional office in Jakarta and expanded into Indonesia’s geothermal sector in 2023.
Masdar, which increased its global renewable energy capacity from 20GW in 2022 to 51GW by the end of 2024, aims to reach 100GW by 2030 while also establishing itself as a global leader in green hydrogen production.
Source: Masdar
