Abu Dhabi – Mubasher: Abu Dhabi’s renewable energy company Masdar and Indonesian’s PT Pembangkitan Jawa-Bali (PJB) on Sunday signed a memorandum of understanding (MoU) to develop renewable energy projects in Indonesia.
Experts from Masdar and PT PJB will work together to identify the available opportunities to meet the rapid demand for energy in Indonesia, according to a statement.
Indonesia, the largest country in the Association of Southeast Asian Nations (ASEAN) with a population of over 250 million people, is currently working on achieving its ambitious target of 23% renewable energy use by 2025 and up to 31% by 2050.
The partnership will concentrate on the potential projects within the Java-Bali and Sumatra regions, the statement showed.
Indonesia has the ability to generate more than 700 gigawatts of renewable energy, including 532.6 gigawatts of solar power, research by the International Renewable Energy Agency (IRENA) showed.