PT Sembcorp Renewables Indonesia and PT PLN Nusantara Renewables have formed a joint venture (JV) to install Indonesia’s first utility-scale solar and battery storage project in the new capital city of Nusantara. The partners will develop a photovoltaic (PV) park of 50 MW with a 14 MWh integrated battery storage system. PT PLN will have a share of 51 per cent while Sembcorp will have a share of 49 per cent.
Further, PT PLN will buy the solar farm’s output under a 25-year power purchase agreement (PPA). The future generation is estimated at roughly 93 GWh per year, to be supplied to Nusantara and the East Kalimantan province.
With the project, Sembcorp will mark its entry into the utility-scale solar sector in Indonesia and will expand its gross renewables capacity of 13.9 GW globally.