In a landmark development, PT PLN (Persero) has joined hands with Trina Solar, Sinar Mas, and Agra Surya Energi to establish a joint venture for renewable energy manufacturing. The joint venture agreement marks a pivotal moment in PLN’s transition into the emerging renewable energy sector.
This collaborative effort, facilitated by PLN Indonesia Power Renewables, is poised to make a substantial impact on Indonesia’s energy landscape. The partnership involves the creation of a new company, PT Trina Daya Agra Energy (TDAE), dedicated to producing solar cells and panels. TDAE is a fusion of Trina Solar Co. Ltd. and a joint venture between PT Dian Swaistika Sentosa and PT Agra Surya Energy.
Notably, the largest Solar Cell and Panel Factory in Indonesia is currently under construction in the Kendal Industrial Area, Central Java, demonstrating the commitment to expanding the nation’s renewable energy capabilities.
Expressing his pride and appreciation for this collaboration, Darmawan Prasodjo, President Director of PLN, emphasized the significance of collective efforts to combat climate change. He highlighted the global nature of the climate problem, emphasizing the need for collaboration in areas such as policy, technology, innovation, and investment.
Darmawan further underlined PLN’s dedication to the joint venture, aligning it with the vast potential of solar energy in Indonesia, which stands at an impressive 207 gigawatts (GW). He emphasized the long-term vision of this collaboration, focusing on the development of the domestic renewable energy industry, fostering economic growth, and enhancing national capacity.
To meet ambitious production targets of 1 gigawatt peak (GWP), the joint venture will leverage TOPCon (Tunnel Oxide Passivated Contact) technology. This cutting-edge technology, currently absent in Indonesia’s Solar PV industry, has the potential to increase solar panel efficiency to 28.7%, a significant improvement from the current average efficiency of approximately 20%.
Gao Jifan, Chairman of Trina Solar, expressed his appreciation for the collaboration and its alignment with efforts to achieve carbon neutrality. He emphasized that contemporary business ventures encompass not only economic aspects but also the responsibility to secure the future for generations to come. This gathering symbolized a commitment to usher in a new era, as carbon neutrality, he noted, is not just an economic issue but a step toward a better future, resonating with the vision of both China and Indonesia to target carbon neutrality by 2060.
Gao Jifan further highlighted Indonesia’s substantial potential, with projections placing the nation among the world’s top five economies in the near future. He attributed this potential to Indonesia’s strategic location and the supportive ecosystem for business within the country.
Franky Oesman Widjaja, Board Member of Sinar Mas Group, endorsed the collaborative effort as a crucial step toward accelerating the adoption of renewable energy. He emphasized the substantial room for development within the project and its alignment with the shared commitment to transition to renewable energy sources.
This joint venture promises to reshape Indonesia’s energy landscape and contribute significantly to the global push for sustainable energy solutions.