Construction commences on the Cirata Floating PV project in Indonesia

PT PembangkitanJawa Bali Masdar Solar Energi (PMSE), has commenced construction works on the Cirata Floating Photovoltaic (PV) Power Plant project in Indonesia. The floating solar facility will have a capacity of 145 MWand will be located on the Cirata reservoir. Commercial operations are scheduled to start in the fourth quarter of 2022.

The project is a part of the Government of Indonesia’s National Strategic Project (PSN). Sumitomo Mitsui Banking Corporation, SocieteGenerale and Standard Chartered Bank provided funding for the project.

PMSE is a joint venture (JV) between Masdar, a unit of Abu Dhabi-based Mubadal Investment Company, and PT PembangkitanJawa-BaliInvestasi(PT PJBI), a subsidiary of state-owned PT Perusahaan Listrik Negara (PT PLN).