First Solar has inked a deal with PT. Pembangkitan Jawa Bali Services (PJB Services) to supply 100MW of utility-scale solar in Indonesia to address the country’s growing energy needs.
The two firms signed a memorandum of understanding (MOU) agreeing to pool their resources to design, construct and maintain a 100 MW pipeline for solar power plants in the country, using First Solar’s advanced cadmium-telluride thin-film PV modules with its related system services and components.
“Indonesia has an increasingly urgent need for reliable, cost-effective energy resources. The agreement with PJB Services facilitates an ideal collaboration to provide Indonesia with the needed solution,” said Won Park, First Solar’s Senior Manager of Business Development and Sales in Southeast Asia.
“This MOU underscores First Solar’s belief that the Indonesian market has great potential as a sustainable market where solar power can be a meaningful part of the energy mix,” he added.
The MOU is First Solar’s first dip into the Indonesian market, and it is expected to meet the growing need for renewable energy in the country.
It is also a first for PJB Services – currently Indonesia’s leading service provider for operation and maintenance of conventional power plants – to be involved in the development of utility-scale PV power plants.
This endeavor represents First Solar’s continuous expansion outside the US, with an aim to extend its reach globally by focusing on the prime Asian markets. With the company benefitting from a $57.3 million loan granted by the Export-Import Bank, it has completed a similar agreement in India, opened a subsidiary company in Thailand and established a strong presence in China.