Masdar Indonesia Solar Holdings RSC Limited

Masdar Indonesia Solar Holdings RSC Limited is a prominent international renewable energy company focused on investing in solar energy projects within Indonesia. The company is a subsidiary of Masdar, the UAE's clean energy champion, and has been actively involved in the development of renewable energy solutions in the region. Masdar's commitment to Indonesia is evident through its significant investments and partnerships aimed at advancing the country's energy transition.

In January 2020, Masdar signed a power purchase agreement with PT PLN Nusantara Renewables, a subsidiary of Indonesia's state-owned electricity company, to build Southeast Asia's largest floating solar power plant. The Cirata Floating Solar Photovoltaic (FPV) Plant, with a capacity of 145MW, began operations in November 2023. This plant generates enough renewable energy to power 50,000 homes and displaces 214,000 tonnes of carbon emissions annually. Following regulatory changes, Masdar and PLN signed an agreement in 2023 to explore increasing the plant's capacity, further solidifying their commitment to Indonesia's renewable energy sector.

Masdar's strategic investment in Indonesia also includes a stake in Pertamina Geothermal Energy, one of the world's largest geothermal players. This investment, made in February 2023, aligns with Masdar's goal to diversify its renewable energy portfolio and support Indonesia's ambitious net-zero objectives. The company's proactive approach in Indonesia underscores its dedication to pioneering energy solutions that contribute to sustainable growth and environmental stewardship in the region.