Saguling MW Floating PV

Saguling MW Floating PV

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

    US$ 80 million

  • Acwa share

    49%

  • Offtake contract

    25-year PPA BOO

  • Other investors

    PT PLN Indonesia Power (“PLNIP”)

  • Commercial operations date

    Target H2 2026

  • Project company

    PT Indo ACWA Tenaga Sagulin

  • Operations & maintenance company

    PT Acwa Operations IPS Indonesia (51% Acwa Operations, and 49% Indonesia Power Services)

  • Engineering, procurement & construction company

    CGGC (CEEC group)