Indonesia will soon begin construction on a 145 MW floating solar power plant, estimated to be the biggest in Southeast Asia.
National power provider Perusahaan Listrik Negara (PLN) and UAE-based Masdar have agreed on the financing for the project. The Cirata floating solar power project in West Java is a joint venture between PLN and Masdar. The project is expected to be the largest of its kind in Southeast Asia. The project will become operational in November 2022. Sumitomo Mitsui Banking Corp., Societe Generale, and Standard Chartered Bank provided project financing. The project is currently under construction.