May 24, 2024

Masdar and Pertamina Partner for Renewable Energy in Indonesia

Abu Dhabi Future Energy Company "Masdar" has signed strategic agreements to develop new renewable energy projects in Indonesia, aiming to support the country's energy transition efforts. These agreements reflect the commitment of the United Arab Emirates and the Republic of Indonesia to develop the renewable energy sector and meet Indonesia's current and future energy needs.

Strategic Partnership to Enhance Renewable Energy

In Bali, the tenth World Water Forum saw the signing of the agreements with the Minister of Energy and Infrastructure, Special Envoy of the Foreign Affairs Minister of Indonesia for the Republic of Indonesia, UAE Ambassador to Indonesia, Director-General of New and sustainable Energy of Indonesia in attendance.

These pacts are meant to enhance the partnership between Masdar and its Indonesian counterparts, which include Pertamina Power and PT Nusantara Power, and develop solar PV System, wind, and green hydrogen projects.

The key role of renewable energy in a sustainable future

His Excellency Suhail bin Mohammed Al Mazrouei, the Special Envoy Minister for Energy and Infrastructure, has commended the cooperation between the UAE and Indonesia around sustainable energy, stressing the need for clean and renewable energy sources for a sustainable future.

The UAE-Indonesia cooperation in the field of renewable energy has seen significant progress, which contributes to the promotion of a green economy and environmental sustainability.

Recent figures show that the UAE ranks among the top investors worldwide about clean power, while its investments in Indonesian Green projects amounted to more than 5 billion dollars over recent years.

Mohamed Jameel Al Ramahi, CEO of Masdar, reiterated Masdar's commitment to supporting development in Indonesia, stating that his company considers strategic partnerships crucial in achieving Masdar's commitment to supporting and developing the energy sector in Indonesia.

The projects planned to be implemented will contribute to achieving Indonesia's sustainable goals and support global efforts towards a clean energy transition.

The Memorandum of Understanding between Masdar and Pertamina Power enhances the existing partnership between the two parties, representing an important step towards enhancing cooperation in renewable energy.

The signing of this memorandum focuses on developing new projects and increasing the production capacity of current stations, enhancing Indonesia's Solar energy infrastructure and its ability to meet the growing demand for energy.

The agreements between Masdar and PT Nusantara Power represent a positive step towards enhancing the production capacity of the "CIRATA" project, a leading project in the field of renewable energy.

This collaboration reflects the commitment of both companies to achieve environmental sustainability and enhance renewable energy capabilities in Indonesia and the region.

On the other hand, Masdar's investments in renewable energy projects in Indonesia reflect its commitment to promoting a green economy and achieving energy self-sufficiency.

Masdar aims to achieve ambitious goals in the field of renewable energy by 2030 and develop green hydrogen technology to contribute to achieving global environmental goals.

In general, the agreements and investments in the field of sustainable energy between the UAE and Indonesia reflect their joint commitment to sustainable development and environmental preservation, enhancing economic and technological partnership between the two countries.

CIRATA Project: Leading in Floating Renewable Energy

The "Cirata" station is a leading example of renewable energy around the world. Not only is it the very first floating solar photovoltaic project developed by Masdar but also its initial initiative in a Southeast Asian country for creating such facilities.

This was done at West Java Province’s ‘Cirata’ Dam which covers 250 hectares. This station represents a significant move towards sustainability and power provision as it is expected to supply electricity for up to 50,000 homes while saving an estimated 214,000 tons of CO2 from being released into the atmosphere each year.

Moreover, an additional 500MWs will be added once phase two of its development is completed. Indonesian Public Works and Housing Ministry’s laws allowed an increase in surface water areas meant for sustainable energy up to 20%, thereby opening more renewable energy projects in Indonesia with the aim of increasing the proportion of renewables within the country’s energy mix.

To meet the country's pledge of attaining climate neutrality by 2060 and cutting down greenhouse gas emissions by 29% before 2030, or 41% with support from other nations.

Renewable Energy and Sustainability Opportunities in Indonesia

If Indonesia starts to heavily use more green energy, it can change their economy and help the environment in big ways. The International Renewable Energy Agency said that if this were to happen, desire it can annually save the government a total of $51.7 billion or more.

Another thing worth noting is about floating solar power stations being great for countries with overpopulation problems and not a lot of usable space like Indonesia. Energy production is increased by these stations’ proximity to the water surface which cools them off and makes them work better.

Also, by having solar panels that float you can keep more freshwater from evaporating so there’s more available for drinking or irrigation purposes.

You may also like

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}