(Photo: Sembcorp Industries)
Singapore’s Sembcorp Industries has announced that its wholly owned subsidiary, Sembcorp Renewables Indonesia, has formed a joint venture with PLN Nusantara Renewables, a subsidiary of PLN Nusantara Power, to build a utility-scale integrated solar and energy storage project in Indonesia.
The large-scale project will include a battery energy storage system with 50 MW of solar and 14 MWh of battery energy storage capacity in Nusantara, the new capital city.
The joint venture, with Sembcorp Renewables Indonesia holding 49% and PLN Nusantara Renewables holding 51%, will supply power to state-owned utility provider PLN. PLN has committed to a 25-year power purchase agreement (PPA) to purchase the electricity generated from the project.
The project is projected d to produce up to 93 GWh of green energy to Nusantara and the East Kalimantan province annually, equivalent to avoiding more than 100,000 tons of carbon emissions per year or taking about 20,000 cars off the roads per year.
This also marks Sembcorp’s first foray into utility-scale solar development in Indonesia, a country with vast renewable energy potential, building upon the joint development study deal signed with PT PLN in October last year regarding the export of green hydrogen from Indonesia to Singapore.
The company said that with this project, along with a pending 245 MW acquisition, Sembcorp’s total renewables capacity will reach 13.9 GW globally.
(Photo: Sembcorp Industries)
