GMB a large Indonesian photovoltaic glass manufacturer

Will a floating solar power plant lead Indonesia's growth in solar PV?

For Indonesia, which has historically relied on coal, gas, geothermal and hydropower to produce electricity, the Cirata floating solar power plant is expected to pioneer significant growth in solar PV by demonstrating the technical and commercial feasibility of solar PV systems in the country.

Who acted as a lender's technical advisor for Indonesia's First Solar PV project?

SINGAPORE, 5 August 2021 – DNV, the independent energy expert and assurance provider, acted as the Lender’s Technical Advisor, during the development phase, for Indonesia’s first-ever floating solar photovoltaic (PV) project at Cirata Reservoir in West Java. The project owner, PT.

How many floating PV plants will be built in Indonesia?

The plan will involve the construction of up to 60 floating PV plants in Indonesia. As the world's largest archipelago, Indonesia has over 600 lakes, dams and reservoirs which could potentially be used for floating PV farms.

Who is financing a floating solar project in South East Asia?

The senior debt of the floating solar project is being provided by Sumitomo Mitsui Banking Corporation, Societe Generale, and Standard Chartered Bank. Once operational, the 145 MWac Cirata floating PV plant will be one of the largest of its kind in South East Asia.

What is the largest floating PV plant in South East Asia?

Once operational, the 145 MWac Cirata floating PV plant will be one of the largest of its kind in South East Asia. The region is already home to a number of large-scale floating PV systems including Vietnam’s 70 MW FPV system in Quang Thanh and Singapore’s 60 MW facility at Tengeh reservoir.

Which countries have a large-scale floating PV system?

The region is already home to a number of large-scale floating PV systems including Vietnam’s 70 MW FPV system in Quang Thanh and Singapore’s 60 MW facility at Tengeh reservoir. The Cirata floating PV project will have a plant capacity of 145 MWac.