Bakrie Group, China's Envision Energy to Build Floating Solar Power Plant
Jakarta. Bakrie & Brothers (BNBR) has partnered with the Chinese company Envision Energy International Ltd. to develop floating solar power plants and wind power plants.
The signing of the memorandum of understanding for the development of these two projects was conducted by BNBR Director Roy Hendrajanto M. Sakti and Envision Senior Vice President Hu Yingchun in Beijing, during the Indonesia-China Business Forum, which was also attended by President Prabowo Subianto on Sunday.
Roy said BNBR and Envision are currently exploring the development of floating solar power plants and wind power plants, each with a capacity of 200 megawatts. Both parties plan to use hybrid power systems to supply clean and sustainable electricity to support the grid, particularly in Eastern Indonesia.
“We are proud to play an important role in the transformation of Indonesia’s green energy industry, which also reflects our commitment to sustainable business principles,” he said.
He added that the project aligns with the government’s efforts to boost domestic growth and attract more foreign investment, especially in the green energy sector.
“This is also a great opportunity to support the domestic growth program promoted by the government, where more foreign investment will flow into the country, particularly in the development of green energy,” he said.
The two projects are each planned to have a capacity of 200 MW, consisting of floating solar power plants and wind power plants, using hybrid technology to generate clean and sustainable electricity. These projects will supply power to the grid, particularly in eastern Indonesia. Roy also mentioned the potential for cooperation with other companies in the Bakrie Group to supply natural gas needed for the development of gas-fired power plants.
Hu Yingchun expressed his pride in the partnership, emphasizing that the development of green energy facilities not only contributes positively to the economy but also to building a more sustainable future.
“Building green energy facilities not only provides a significant contribution to the economy but also helps create a better and more sustainable future for the next generations,” said Hu.
He added that the project will use Envision's smart turbine technology, which will improve the efficiency of wind turbines and extend their lifespan.
In addition, BNBR and Envision are also planning the development of a 1,000-hectare green industrial park in Indonesia and develop the nickel processing supply chain to support the electric vehicle battery industry, for both the domestic and export markets, in line with the global trend towards electric vehicles and renewable energy.
Tags: Keywords:Related Articles
Indonesia Can Hit 8% Growth With Housing, AI, Green Energy: Hashim
Hashim Djojohadikusumo says housing, AI, digital infrastructure and green energy could help Indonesia achieve 8% economic growth.PLN Sees Gas Demand Rising 42% by 2034 as Power Needs Grow
PLN Sees Gas Demand Rising 42% by 2034 as Power Needs GrowNo CNG Allocation in 2027 Budget as Indonesia Seeks to Cut LPG Imports
Indonesia's 2027 budget keeps LPG subsidies unchanged, with no dedicated funding for the planned CNG transition.The Latest
UN Boss Wants to Fix Security Council as Indonesia Seeks Seat
Outgoing UN chief Guterres says the current permanent member setup at the Security Council fails to reflect today's realities.Saudi Flagship Investment Conference Pushed to 2027 after Houthi Attacks
The annual Future Investment Initiative (FII), often dubbed "Davos in the Desert", was originally scheduled to take place from October 26-29Government Sets Aside Rp 1.3 Quadrillion for Final-Quarter Spending
Government spending has reached Rp 2.66 quadrillion, equivalent to 69.2% of the full-year budget target of Rp 3.84 quadrillion.Indonesia Probes 98 Corporate Wildfire Cases, Including Possible Foreign Links
Police investigate 98 corporate-related wildfire cases, including possible links to investors from neighboring countries.Students Plan Jakarta Protests to Mark Two Years of Prabowo's Presidency
Police have advised the public to avoid areas around the House of Representatives complex, the National Monument and the State Palace.Most Popular
