Abu Dhabi Future Energy Company PJSC – Masdar has signed two agreements with PT PLN (Persero), Indonesia’s state-owned electricity company, to strengthen its presence in the floating solar energy sector in Indonesia. The signings took place on the sidelines of the state visit by Indonesian President Prabowo Subianto to the United Arab Emirates. The first agreement concerns the development of a floating solar power plant on the Jatigede Dam reservoir in West Java province, with the project launch scheduled for 2025 and commissioning by 2027.
Deployment at the Jatigede site
The Jatigede project is based on the lowest tariff secured by Masdar under the Hijaunesia 2023 bidding programme. This new site is expected to significantly increase the region’s solar capacity by leveraging existing hydropower infrastructure. In parallel, a separate agreement titled “Principles of Agreement” was signed to explore the potential expansion of the Cirata Floating Photovoltaic Power Plant, inaugurated in November 2023 with a capacity of 145 MWac.
The Cirata project, already operational, generates enough renewable electricity to supply 50,000 homes while reducing annual carbon emissions by 214,000 tonnes. This plant was made possible by regulatory adjustments in Indonesia that increased the allowable surface area of water coverage for energy installations.
Strengthening a strategic cooperation
The agreements were signed by Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, and Dr Darmawan Prasodjo, President Director of PT PLN (Persero). They aim to solidify deeper cooperation in line with Indonesia’s energy transition strategy. The country has announced plans to add over 75 GW of renewable energy capacity by 2040, aligned with its target of achieving carbon neutrality by 2050.
Indonesia represents a strategic area for Masdar, which opened an office in Jakarta in 2021. In addition to solar, the company invested in the local geothermal sector in 2023. With more than 600 natural lakes and reservoirs spread across 17,000 islands, the Indonesian archipelago offers fertile ground for large-scale floating solar power projects.
