Masdar has inked an agreement with Pertamina Power Indonesia to develop solar, wind and green hydrogen projects in Indonesia and globally.
Additionally, the company has signed a joint development study agreement with PLN Nusantara Power to expand the Cirata Floating Solar PV project, aiming to triple its capacity to 500 MW from the initial 145 MW phase launched in 2023.
Furthermore, Masdar has received approval to proceed towards developing up to 2 GW of renewable energy in Nusantara, starting with 200 MW as phase 1, in Indonesia’s new capital city.
