Masdar and PT PJBI form joint venture to drive development of Indonesia’s first floating solar power plant

(Press release)   Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project. The new company, PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), was formally announced at a ceremony at the Cirata reservoir in West Java, where the project will be located. The event was held as part of UAE-Indonesia Week, taking place throughout this week to mark the close ties between the two nations. “This partnership will help to strengthen the already-p

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