GGGI and ESDM team up to bring floating solar power to Indonesia, advancing the country’s renewable energy goals.

GGGI Indonesia and the Ministry of Energy and Mineral Resources (MEMR) collaborate to bring floating solar power photovoltaic (FSPV) technology to Indonesia. With access to land becoming increasingly competitive for developing solar power plants, solar panels installed on water resources like FSPV serve as a solution to Indonesia’s renewable energy commitment. This marks a crucial step towards achieving Indonesia’s net-zero carbon targets! 

The collaboration was established at a kick-off meeting on June 25 in Jakarta, jointly held with the Ministry’s New and Renewable Energy and Energy Conservation Directorate. Key stakeholders, such as the Ministry of National Development Planning (Bappenas), the Ministry of Marine Affairs and Fisheries, PT Sarana Multi Infrastruktur, and PT PLN (State Electricity Company), attended the event. 

Praptono Adhi, MEMR Coordinator for Investment and Cooperation, opened the discussion by saying that the project could ultimately support the Government in increasing the share of renewable energy in Indonesia’s energy mix. This aligns well with the country’s Enhanced Nationally Determined Contributions (NDC) and Net Zero Emissions target by 2060. 

Dedi Rustandi of Bappenas also echoed the positive outlook of FSPV for Indonesia’s green growth development. He expressed his confidence that the project would help streamline the challenges, limitations, and opportunities of FSPVs in various water bodies. 

Nishant Bhardwaj and Jaeseung Lee from GGGI also shared their views during the event. Jaeseung mentioned that the FSPV project could be a viable and scalable solution considering Indonesia’s geography as an archipelago. Nishant shared the approaches adopted in various renewable energy projects globally and in India, where private sector involvement also provided positive benefits. 

The meeting concluded on a positive note: This collaboration would demonstrate a scalable and replicable business model for FSPV, creating an ecosystem for growth and boosting market confidence in floating solar power plants. 

We extend our heartfelt gratitude to the Government of Indonesia for its guidance and support in this significant initiative!