Powering Progress: Emits’ Trailblazing Initiatives In Solar Energy – Yovie Priadi President Director And CEO, EMITS

Key Highlights:

• Our vision is to be Indonesia’s top green energy solutions company and partner of choice, supporting the nation’s energy transition.
• At EMITS, we provide innovative and customized solutions for partners
• Comitted to world class quality and standards.

1. How does your team boost EMITS’ presence in solar energy? And how does EMITS seize new business chances?

EMITS as a Joint Venture (JV) between Indika Energy and Fourth Partner Energy, leverage the best of both parent companies to enhance EMITS’ market presence within solar energy sector with some of the below strategies:

Innovative Technology Adaption & Cost-Effective Solutions:

1. EMITS embrace advanced solar panels / energy storage for our solar solutions and diversify types of installations to meet the varied needs of different clients such as solar hybrid solution, rooftop solar, ground mounted solar, floating solar, carport solar, or canal top solar.

2. Provide cost-effective solar solutions, whether through competitive cost-savings, financing options, or 2 options of business models such as CAPEX or LEASE with zero initial investment from the client’s side.

Partnerships and Collaborations: EMITS form strategic partnerships and collaboration with other energy sector players / government to create comprehensive solutions to accelerate renewable energy development in Indonesia (such as participate in PLN De-dieselization Program)

Customer Engagement: Engage with customers and conduct analysis to understand the evolving needs and preferences of customers to bring renewable energy solutions.

Regulatory Compliance: Well-informed about and comply with relevant regulations in the solar energy sector.

2. How does EMITS differentiate itself in solar energy and tailor solutions for both Indonesian and global clients?

EMITS as a JV combine the Indika Energy’s world-class energy related capabilities and strong track record in bringing reliable energy solutions to the people of Indonesia with proven experiences of Fourth Partner Energy in building and operating over 1,4 GW in India and elsewhere for the last 13 years as well as the financial strength of TPG, Norfund, and others to offer cost-effective, customized, reliable clean energy solutions to Indonesia’s businesses.

With the proven track records of Indika Energy and Fourth Partner Energy portfolios in all sector of industries, EMITS already has an installed base up to 162 MWp* for C&I and Utility sectors in almost 3 years. EMITS also emphasizing the environmental benefits of using solar energy and demonstrate a commitment in ESG through internal operation.

3. What notable partnerships or collaborations has EMITS pursued to enhance growth and innovation in solar energy?

Collaborating with government and utility companies to for the deployment of solar projects such as with PLN Subsidiaries for Rooftop solar and provide hybrid solar solution for PLN De-dieselization Program

Collaborating with energy storage companies to develop integrated solutions that combine hybrid solar power generation with energy storage systems

Partnering with financial institutions or investors such as TPG, Norfund, Infraco, SMI, and others for investments and growth 

4. How does EMITS stay ahead in solar energy with innovation and tech? Any recent advancements boosting their market lead?

EMITS introduce advanced solar technologies, such as solar hybrid solution (diesel and batteries) and got commitment from world-class renowned lenders for financing to differentiate in the Indonesian market.

5. How does EMITS consider the environment and society? How does solar power contribute to EMITS and Indika Energy Group’s sustainability?

EMITS is committed to the responsible adoption of Renewable Energy, focusing on the following key principles:

ENVIRONMENT: We actively pursue carbon mitigation in a socially responsible manner. Our impact is quantified through lower annual emissions, conservation of water, and the planting of trees.

SAFETY: Our goal is zero fatalities. We employ a proactive and preemptive approach, conducting exhaustive safety and equipment training, regular drills, and making a daily commitment to safety.

HEALTH: We prioritize the well-being of our employees by providing medical insurance for their families and conducting annual health checkups to ensure both physical and mental well-being.

COMMUNITY WELFARE: At project sites, we contribute to community welfare by offering both temporary and permanent jobs. Additionally, we focus on skills development and training for the families of our employees.

INCLUSIVITY & DIVERSITY: EMITS is an equal opportunities employer, with approximately 25% of women in responsible roles. We place a strong emphasis on upskilling to promote professional expertise and diversity.

SUSTAINABLE SUPPLY CHAIN: We ensure that our suppliers, contractors, and clients adhere to sustainable best practices. Our approach is Environmental, Social, and Governance (ESG)-centric, contributing to a sustainable and responsible supply chain.

Indika Energy has articulated ambitious goals in line with its ESG (Environmental, Social, and Governance) commitment, aiming to achieve 50% of its revenue from non-coal businesses by 2025 and attain net-zero status by 2050. This commitment is exemplified through its involvement in green businesses, with EMITS standing out as one of the notable initiatives.