HomeNewsMasdar and PT PJBI form joint venture to drive development of Indonesia’s first floating solar power plant

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Masdar and PT PJBI form joint venture to drive development of Indonesia’s first floating solar power plant

12/17/2020

(Press release)   Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project. The new company, PT. 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 event was held as part of UAE-Indonesia Week, taking place throughout this week to mark the close ties between the two nations. “This partnership will help to strengthen the already-p

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