Sembcorp unveils Indonesian solar-storage JV, tender award in India

Singapore’s Sembcorp Industries Ltd (SGX:U96) has joined forces with a unit of utility PT PLN Nusantara Power to install what will be Indonesia’s first utility-scale solar and battery storage project in the country’s soon-to-be capital city of Nusantara.

The project of PT Sembcorp Renewables Indonesia and PT PLN Nusantara Renewables will create a photovoltaic (PV) park of 50 MW with a 14-MWh integrated battery storage system. The duo said on Friday their joint venture will be 51%-controlled by PT PLN’s renewables arm.

State-owned utility PT PLN will buy the solar farm’s output under a 25-year power purchase agreement (PPA). The future generation is estimated at roughly 93 GWh per year, to be supplied to Nusantara and the East Kalimantan province.

With the project, Sembcorp will mark its entry into utility-scale solar sector in Indonesia and will expand its gross renewables capacity of 13.9 GW globally.

The Singaporean firm said separately it has been selected to build a 440-MW grid-connected wind and solar power hybrid facility in India. The project was secured in a 1.5-GW tender for Inter State Transmission System (ISTS)-connected capacity by utility SJVN Ltd, which will be the power off-taker. The capacity should be commissioned 24 months after the PPA is signed.

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