SAGULING FLOATING PV

OVERVIEW

The Saguling 60 MW Floating PV project is a greenfield Independent Power Project IPP that is developed by ACWA Power and local partner PT PLN Indonesia Power in the Republic of Indonesia.

ACWA Power and the PT Perusahaan Listrik Negara (“PLN”), a national electrical company, signed a 25-year Power Purchase Agreement (PPA) for the development/construction/operation of a 60 MW floating photovoltaic plant in reservoir of hydro-electric power plant. PT PLN acts as the sole off-taker.

The project will be located in the Saguling, West Java province and will be developed as a ‘Build, Own, Operate’ project. ACWA Power will take the lead in the construction, engineering, operation and maintenance the plant.

 

 

KEY FACTS

  • LOCATION
    Saguling reservoir, West Java Province, Indonesia
  • OFFTAKER
    PT Perusahaan Listrik Indonesia (“PLN”)
  • CAPACITY
    60 MWac
  • TECHNOLOGY
    Floating solar PV technology
  • PROJECT COST
    USD 80 Million
  • ACWA POWER SHARE
    49%
  • OFFTAKE CONTRACT
    25-year PPA BOO
  • PROJECT COMPANY
    PT Indo ACWA Tenaga Saguling
  • O&M
    PT NOMAC IPS Indonesia (51% NOMAC, and 49% Indonesia Power Services)
  • OTHER INVESTORS
    PT PLN Indonesia Power (“PLNIP”)
  • EPC
    CGGC (CEEC group)
  • COMMERCIAL OPERATIONAL DATE
    Target H2 2026