PT PLN Nusantara Renewables ready to optimize efficiency of new and renewable energy using green investment.
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EPC Tender Announcement for Karangkates Floating Solar Power Plant 100 MWac
Learn MoreAbout PLN Nusantara Renewables
PLN Nusantara Renewables (NR) is the leading subsidiary of the PLN Group and PLN Nusantara Power in developing a new and renewable energy (NRE)-based electricity ecosystem. Formed as an unrestricted subsidiary, PLN NR offers a high flexibility in developing independent power producers (IPP).
As of June 2024, PLN Nusantara Renewables has 3,210 MW of power plants, of which 2,145 MW are operational, 895 MW are under construction, and 170 MW are in the development phase.
PLN NR has established eight companies, consisting of three subsidiaries and five affiliated companies. The three subsidiaries owned by PLN NR with a 51% ownership are PT Pembangkitan Jawa Bali Solar Energi (PMSE) for the Cirata Floating Solar Power Plant, PT Nusantara Sembcorp Solar Energi (NSSE) for the IKN 50 MW Solar Power Plant, and PT Nusantara Tembesi Baru Energi (NTBE) for the Tembesi Floating Solar Power Plant.
Vision
To be a Sustainable
Global Renewable Energy Investment Company
Mission
Developing talents in sustainable investment and energy
Optimizing investment management to ensure company sustainability in accordance with ESG principles
Building a global investment portfolio focused on green energy
Portfolio
Currently, PT PLN Nusantara Renewables has a total capacity of 3,210 MW project
development across Indonesia
The Trembesi Floating Solar Power Plant with a capacity of 35 MWac or 46 MWp is located at the Trembesi Reservoir, Saguling District, Batam City, Riau Islands. The Trembesi Floating Solar Power Plant is a collaboration with PT TBS Energi Utama Tbk. Currently, the Trembesi Floating Solar Power Plant is in the pre-construction preparation stage to be able to supply clean energy to the Batam area by 2025.
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The Karangkates Floating Solar Power Plant is located at the Sutami Dam, Malang Regency, East Java. In this project, PLN Nusantara Renewables is collaborating with GD Power Hong Kong Co., Ltd. and Perum Jasa Tirta I. The Karangkates Floating Solar Power Plant is targeted to be operational by 2025.
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Batang Toru HPP 510MW is one endevaour of PT PLN Nusantara Renewables to optimize potential water resources in favour of domestic electricity. This plant is a peaker plant with the specification of water consumption by 0.24 liter per kWh. Batang Toru HPP is targeted for commercial operation in 2026 and expected to be able to directly assist Sumatera electrical system and contribute to improving renewable energy use in Indonesian Government programs.
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Cirata Floating Solar Power Plant (PLTS) 145 MWac/192 MWp is a National Strategic Project. Being the result of bilateral collaboration between Indonesia and the United Arab Emirates, this solar power plant (SPP) is the largest in Southeast Asia and the third largest in the world in terms of capacity.Inaugurated by President Joko Widodo on November 9, 2023, this Floating SPP has produced 158 GWh of green electricity from its inauguration until June 2024. It is projected that 214,000 tons of CO2 will be avoided annually by the electricity production process of this 200-hectare floating solar power plant.
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This project is a shareholder assignment project to PLN Nusantara Renewables through the PLN Nusantara Renewables GMS on March 31, 2023. In its development, PLN Nusantara Renewables collaborates with Adaro Power and Total Eren. This project will contribute to supporting Indonesia's renewable energy utilization target and net zero emission target.
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The 50 MW Nusantara Capital City Solar Power Plant (PLTS IKN) is a project assigned by shareholders to PLN Nusantara Renewables to support the electricity needs of the planned Nusantara Capital City (IKN).The PLTS IKN is one of the National Strategic Programs directed by President Joko Widodo. The construction of this installation is divided into two phases: a 10 MW capacity is being built through the synergy of subsidiaries under PLN Nusantara Power, while the remaining 40 MW is being developed by PT Nusantara Sembcorp Solar Energi (NSSE)—a Joint Venture Company owned by PLN Nusantara Renewables and SembCorp Utilities Pte. Ltd. Located at a point with the highest irradiation level in the IKN area, this power plant is projected to produce 92.8 GWh of green energy. Situated 5 kilometers from the KIPP IKN, it will become the backbone of electricity in IKN, capable of reducing 104,864 tons of CO2 emissions annually.
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PT PLN Nusantara Renewables holds 30% shares in PT Shenhua Guohua Pembangkitan Jawa Bali (SPGJB) as JVC of Jawa 7 CFPP and also holds 30% shares in PT Guohua Taidian Pembangkitan Jawa Bali as JVC of Operating and Maintenance Company for CFPP Jawa 7. CFPP Jawa 7 constitutes a strategic project as the first and the biggest PLTU in Indonesia using boiler Ultra-Supercritical technology with low-calorie coal of 4,000 – 4,600kkal/kg AR and also with competitive tariff amounting to 4,2122 cent USD/kWh.
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This project is a mine-mouth power plant developed to support government programs in terms of local resources use to accommodate electrical system in the South Area of Sumatera. This project is targeted to operate commercially in 2026.
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Tembesi Floating Solar PV Power Plant
(35 MWac / 46 MWp)
The Trembesi Floating Solar Power Plant with a capacity of 35 MWac or 46 MWp is located at the Trembesi Reservoir, Saguling District, Batam City, Riau Islands. The Trembesi Floating Solar Power Plant is a collaboration with PT TBS Energi Utama Tbk. Currently, the Trembesi Floating Solar Power Plant is in the pre-construction preparation stage to be able to supply clean energy to the Batam area by 2025.
Karangkates Floating Solar Power Plant
(100 MWac)
The Karangkates Floating Solar Power Plant is located at the Sutami Dam, Malang Regency, East Java. In this project, PLN Nusantara Renewables is collaborating with GD Power Hong Kong Co., Ltd. and Perum Jasa Tirta I. The Karangkates Floating Solar Power Plant is targeted to be operational by 2025.
Batang Toru HPP
(510 MW)
Batang Toru HPP 510MW is one endevaour of PT PLN Nusantara Renewables to optimize potential water resources in favour of domestic electricity. This plant is a peaker plant with the specification of water consumption by 0.24 liter per kWh. Batang Toru HPP is targeted for commercial operation in 2026 and expected to be able to directly assist Sumatera electrical system and contribute to improving renewable energy use in Indonesian Government programs.
Cirata Floating PV
(145 MWac / 192 MWp)
Cirata Floating Solar Power Plant (PLTS) 145 MWac/192 MWp is a National Strategic Project. Being the result of bilateral collaboration between Indonesia and the United Arab Emirates, this solar power plant (SPP) is the largest in Southeast Asia and the third largest in the world in terms of capacity.Inaugurated by President Joko Widodo on November 9, 2023, this Floating SPP has produced 158 GWh of green electricity from its inauguration until June 2024. It is projected that 214,000 tons of CO2 will be avoided annually by the electricity production process of this 200-hectare floating solar power plant.
Tanah Laut WPP
(70 MW)
This project is a shareholder assignment project to PLN Nusantara Renewables through the PLN Nusantara Renewables GMS on March 31, 2023. In its development, PLN Nusantara Renewables collaborates with Adaro Power and Total Eren. This project will contribute to supporting Indonesia's renewable energy utilization target and net zero emission target.
IKN Solar PV Power Plant
(50 MW)
The 50 MW Nusantara Capital City Solar Power Plant (PLTS IKN) is a project assigned by shareholders to PLN Nusantara Renewables to support the electricity needs of the planned Nusantara Capital City (IKN).The PLTS IKN is one of the National Strategic Programs directed by President Joko Widodo. The construction of this installation is divided into two phases: a 10 MW capacity is being built through the synergy of subsidiaries under PLN Nusantara Power, while the remaining 40 MW is being developed by PT Nusantara Sembcorp Solar Energi (NSSE)—a Joint Venture Company owned by PLN Nusantara Renewables and SembCorp Utilities Pte. Ltd. Located at a point with the highest irradiation level in the IKN area, this power plant is projected to produce 92.8 GWh of green energy. Situated 5 kilometers from the KIPP IKN, it will become the backbone of electricity in IKN, capable of reducing 104,864 tons of CO2 emissions annually.
Jawa 7 CFPP
(2 x 1.050 MW)
PT PLN Nusantara Renewables holds 30% shares in PT Shenhua Guohua Pembangkitan Jawa Bali (SPGJB) as JVC of Jawa 7 CFPP and also holds 30% shares in PT Guohua Taidian Pembangkitan Jawa Bali as JVC of Operating and Maintenance Company for CFPP Jawa 7. CFPP Jawa 7 constitutes a strategic project as the first and the biggest PLTU in Indonesia using boiler Ultra-Supercritical technology with low-calorie coal of 4,000 – 4,600kkal/kg AR and also with competitive tariff amounting to 4,2122 cent USD/kWh.
Sumbagsel 1 Mine Mouth CFPP
(2 x 150 MW)
This project is a mine-mouth power plant developed to support government programs in terms of local resources use to accommodate electrical system in the South Area of Sumatera. This project is targeted to operate commercially in 2026.
News & Article
EPC Tender Announcement for Karangkates Floating Solar Power Plant 100 MWac
PT PLN Nusantara Renewables (PLN NR) and GD Power Hong Kong Overseas Investment Company Limited (GDHK) have formed a consortium (NR-GDHK Consortium) to develop the 100 MW Karangkates Floating Solar Power Plant in the Sutami Reservoir, East Java, Indonesia (the Project). The Project is located in the Sutami Reservoir and Karangkates Dam, situated in Malang City/Regency, East Java Province, Indonesia. The Project is planned to be built within the area of the Sutami Reservoir and Karangkates Dam, including the 150kV Karangkates Substation, extension of 2 line bays at the 150kV Sutami Substation, and 150kV double-circuit overhead line (OHL) transmission from Karangkates Substation to Sutami Substation.(Download more information on the "Procurement" page)The Project includes the construction of a floating solar power plant with a DC (direct current) installed capacity of not less than 133 MWp and an AC (alternate current) installed capacity of not less than 100 MWac. The parties participating in this tender (Tender Participants) are responsible for the entire Project process, including obtaining all necessary permits related to Project construction; conducting all surveys and designs; carrying out all construction work; performing all installations; procuring all equipment (including supervising equipment manufacturing); conducting all system testing, and project handover; providing personnel training; ensuring quality performance; maintaining project quality, and providing maintenance for 1 (one) year after the commercial operation date (COD).The Tender Participants are responsible for designing, constructing, and delivering the solar power plant in compliance with the overall performance requirements and related technical standards, with complete functionality and adequate living facilities, under an engineering, procurement, and construction (EPC) contract.
Getting To Know PLTS TERAPUNG Tembesi: The Largest Solar Power Plant In Indonesia By PLN Nusantara Renewables
Jakarta, July 2, 2024 – In 2025, another portfolio of renewable energy plants owned by PLN Nusantara Renewables (PLN NR) will commence commercial operations. Collaborating with TBS Energi Utama Tbk (TOBA), the company is currently preparing the Floating Solar Power Plant (PLTS) Terapung Tembesi located in Batam. Projected to generate clean electricity, this floating solar plant with a capacity of 35 MWac or 46 MWp is expected to produce up to 57 GWh annually.PLTS Terapung Tembesi will float on the Tembesi Reservoir owned by Batam Industrial Development Authority (BP Batam), leased by PT TBS Energi Utama. Utilizing one of Batam's largest reservoirs, this initiative aims to prepare Batam as a hub for renewable energy development, playing a crucial role in regional and national economic enhancement.The plant will be built using bifacial solar panel technology—panels capable of capturing energy from both sides, providing advantages such as up to 30% increased energy production and improved performance in low-light conditions.The Power Purchase Agreement (PPA) for this project was signed on February 12, 2024. Through this agreement, it was confirmed that PLN Nusantara Power and PT TBS Energi Utama will sell electricity to PLN Batam via the 20 kV GI Panaran network. On April 4, 2024, the Joint Venture Company (JVC) named PT Nusantara Tembesi Baru Energi (NTBE) was officially inaugurated to oversee this Rp 481 billion investment project. The share ownership structure of this JVC is divided with 51% owned by PLN NR and 49% by PT Batam Tirta Surya."This Tembesi Floating Solar Power Plant project is a concrete step in supporting Indonesia's government target to increase renewable energy contribution in the national energy mix," said Harjono, President Director of PLN Nusantara Renewables. With PLTS Terapung Tembesi, the company aims to significantly contribute to carbon emission reduction and achieve clean energy targets.It is hoped that this project will serve as a successful example inspiring the development of other renewable energy projects across Indonesia, accelerating the transition towards more sustainable and environmentally friendly energy use.
910 MW Green Electricity Contribution By PLN Nusantara Renewables For Indonesia's Energy Transition
Jakarta, July 1, 2024 – PLN Nusantara Renewables (PLN NR) continues to bolster its investment portfolio in renewable energy to support Indonesia's energy transition. With a focus on reducing emissions, empowering communities, and ensuring transparent governance, PLN NR is committed to sustainable corporate practices.Currently, PLN NR has 910 MW of Independent Power Producer (IPP) projects based on New and Renewable Energy (EBT) in various stages of initiation, construction, and operation, poised to contribute significantly to Indonesia's electricity sector. This portfolio includes 4 Floating Solar Power Plant (PLTS) projects totaling 330 MW, 1 Hydroelectric Power Plant (PLTA) project with a capacity of 510 MW, and 1 Wind Power Plant (PLTB) project with a capacity of 70 MW spread across Sumatra, Java, and Kalimantan.Among these projects, four are solar initiatives, featuring three Floating Solar Power Plants: PLTS Terapung Cirata (145 MWac), PLTS Terapung Tembesi (35 MWac), PLTS Terapung Karangkates (100 MWac), and PLTS IKN (50 MW). Floating Solar Power Plants dominate PLN NR's solar portfolio due to their land efficiency and positive environmental impact on water bodies, such as reducing water evaporation and enhancing solar panel efficiency through water cooling.In addition to solar ventures, PLN NR is advancing the Batang Toru Hydroelectric Power Plant with a capacity of 510 MW, expected to generate 2,124 GWh of electricity annually for Sumatra. In South Kalimantan, PLN NR is initiating the Tanah Laut Wind Power Plant project with a capacity of 70 MW, utilizing stable wind speeds of 6 – 7.3 m/s at a height of 100 meters to meet a demand of 158 GWh per year in Kalimantan.With a total of 910 MW in green electricity generation, PLN NR aims to avoid over 2 million tons of CO2 emissions annually. This represents a significant stride towards Indonesia's national goal of achieving net-zero emissions by 2060. Moreover, these initiatives are expected to create new employment opportunities and stimulate local economic growth.Moving forward, PLN NR plans to expand its energy portfolio through enhanced collaboration with various partners—from both the government and private sectors. Harjono, President Director of PLN NR, emphasized, "We are committed to advancing clean energy for a better future. Furthermore, we integrate ESG principles into every aspect of our operations to ensure that our business is not only sustainable but also benefits society and the environment."
Journey Of IKN Solar Power Plant In Providing Green Electric City For The 79 Th Anniversary Ceremony Of The Republic Of Indonesia
IKN, July 1, 2024 – Unlike previous years, the 79th Anniversary Ceremony of the Republic of Indonesia this year will be held in two locations, namely Nusantara Capital (IKN) and the State Palace. In its implementation, the ceremony at IKN will be led by President Joko Widodo and will be entirely powered by green energy produced by the IKN Floating Solar Power Plant.Currently, Nusantara Capital (IKN) is being developed into a Smart Forest City, where only 25% of the area is built, while the remaining 75% will be green areas. This capital city will utilize technology to improve the quality of life for its residents and preserve the environment.The IKN Floating Solar Power Plant is one of the government's commitments to utilize Renewable Energy (EBT) in achieving IKN's mission as a low-carbon emission city. On November 2, 2023, the groundbreaking for this power plant was conducted by President Joko Widodo to demonstrate the government's and PLN Group's commitment to providing reliable green electricity systems.The first phase of development of the IKN Floating Solar Power Plant, with a capacity of 10 MW, was successfully executed through the synergy of four subsidiaries of PLN Nusantara Power (PLN NP), each playing different roles aligned with their respective business fields. PLN Nusantara Renewables acted as the project owner, PLN Suku Cadang ensured supply chain stability, PLN NP Construction led the construction of substations and transmission networks, and PLN NP Services executed the installation of the solar power plant according to the industry standards.The harmonious synergy among these subsidiaries enabled the IKN Floating Solar Power Plant to achieve significant milestones within a short time-frame. In fact, just months after the groundbreaking, the first phase of the IKN Floating Solar Power Plant was connected to the 20 kV network in East Kalimantan on February 27, 2024, and began commercial operations on June 3, 2024.Harjono, President Director of PLN Nusantara Renewables, expressed pride and gratitude for the strong synergy among PLN NP subsidiaries. "The IKN Floating Solar Power Plant is truly a monumental and ambitious project in green energy development. With this strong synergy, we aim to overcome future energy transition challenges and position Indonesia as a model for other countries in renewable energy utilization," he said.Currently, the development of the IKN Floating Solar Power Plant is entering its second phase (40 MW), managed by PT Nusantara Sembcorp Solar Energy (NSSE) – a Joint Venture Company owned by PLN Nusantara Renewables and SembCorp Utilities Pte. Ltd. This international partnership is expected to facilitate the transfer of knowledge and technology to enhance Indonesia's capacity in EBT, particularly in the Central Indonesian region. It is anticipated that the second phase of the IKN Floating Solar Power Plant will commence commercial operations in Q4 of 2024.
PLN Nusantara Renewables Reports "ALL GREEN" Performance In LPT 2023 Shareholders Meeting
Jakarta, July 1, 2024 – PLN Nusantara Renewables (PLN NR) held its General Meeting of Shareholders (GMS) to obtain approval of the Annual Report and approval of the Financial Statements for the fiscal year 2023. The GMS was held on Friday (June 28, 2024) at The Tribrata Dharmawangsa, Jakarta, chaired by the Board of Directors of PLN Nusantara Power (PLN NP) as the Majority Shareholder.In its first year since transforming from PT PJBI, PLN NR reported "All Green" performance where all KPIs for 2023 were achieved over 100%, with none falling below target. According to audit results, the company's KPI score increased by 2.22 points from the previous year to reach 104.95.Compared to the figures in the Company's Work Plan and Budget (RKAP) for 2023, PLN NR recorded a revenue of 776.75 billion, surpassing the target of 772.33 billion. Additionally, net profit for PLN NR exceeded the target, amounting to 790.26 billion IDR, equivalent to 104% of the initial target.Key factors influencing the 2023 realization include positive project performance in operational, construction, and initiation phases. Notable achievements include Jawa 7 Coal-Fired Power Plant reaching electricity production of 12.63 TWh, the commencement of commercial operations at Cirata Floating Solar Power Plant generating 25.8 GWh of green electricity, and the groundbreaking and establishment of a Joint Venture Company (JVC) for IKN Solar Power Plant.All shareholders present that day appreciated PLN NR's performance in 2023 and conveyed messages for the fiscal year 2024 to proceed more optimally. In response, Harjono, President Director of PLN NR, thanked the shareholders for their support and expressed commitment to enhancing the company's performance. He stated, "2024 will be a year full of challenges and opportunities for PLN NR. We will continue to focus on sustainability, innovation, and collaboration to ensure that PLN NR remains a pioneer in renewable energy development in the homeland."With solid performance and satisfactory achievements in 2023, the company is optimistic about facing challenges and seizing opportunities in 2024. With the support of all stakeholders, PLN NR hopes to further enhance its contribution in the renewable energy sector, achieve new targets, and create greater positive impacts for the environment and society.
