Cirata Dam Solar PV Park is a 692MW solar PV power project. It is planned in West Java, Indonesia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the partially active stage. It will be developed in multiple phases. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in November 2023. Buy the profile here.
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Description
The project is being developed and currently owned by Abu Dhabi Future Energy and PT PLN Nusantara Power. The company's ownership stake in the project stands as 51% and 49% respectively.
Cirata Dam Solar PV Park is a floating solar project.
Development status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by November 2023.
Power purchase agreement
The power generated from the Cirata Dam Solar PV Park (Cirata Dam Solar PV Park 1) will be sold to PT PLN (Persero) under a power purchase agreement. The power will be sold at the rate of $0.058kWh for a period of 25 years.
For more details on Cirata Dam Solar PV Park, buy the profile here.
About Abu Dhabi Future Energy
Abu Dhabi Future Energy Co (Masdar), a subsidiary of Abu Dhabi National Energy Co, is a renewable energy company. It carries the operation and development of solar and wind power projects such as photovoltaic power, concentrated solar and offshore and onshore wind farms. Masdar invests in and contributes to innovative projects such as utility-scale power plants, community grid projects, and individual solar home systems. The company also focuses on advancing cleantech innovation and offers energy services consultancy. It is also involved in sustainable urban development, building, and deploying advanced technologies such as reverse osmosis seawater desalination plants. The company develops projects in the Middle East and North Africa (MENA) and other regions. Masdar is headquartered in Masdar, Abu Dhabi, the UAE.
About PT PLN Nusantara Power
PT PLN Nusantara Power (PLN NP), a subsidiary of PT PLN (Persero), generates and supplies electricity. It is responsible to meet the electricity requirements of the Java-Madura-Bali (JAMALI) electric system. It generates electricity from energy sources such as oil, natural gas, hydro, coal, and solar. It also offers services such as engineering, procurement, construction, installation, operations and maintenance (O&M) of power plants. The company provides education and training in power plant management and renewable energy. Its customers include PT P3B Jawa-Bali for the electricity supply business and PT PLN (Persero) for the O&M service provider and other services business. PLN NP is headquartered in Surabaya, Jawa Timur, Indonesia.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
