, Indonesia
Photo by Pixabay (Pexels).

ACEN, Puri Usaha Group form JV for RE projects in Indonesia

The Surgayen platform intends to work on the cross-border project between Indonesia and Singapore.

Philippines’ ACEN and the Puri Usaha Group (PUG) partnered for the joint development of renewable energy projects in Indonesia mainly large-scale solar power plants, battery energy storage systems, and green hydrogen projects.

In a disclosure, ACEN said the proposed joint venture entity is Suryagen Capital Pte. Ltd. which covers the Batam, Bintan and Karimun islands and the East Nusa Tenggara province where the majority of PUG’s projects are located.

The start of the construction of its first project is expected by 2023.

ACEN added that PUG, which was key in the formation of a consortium to participate in the cross-border renewable importation project from Indonesia for the Singapore market is being run by Singapore’s Energy Market Authority.

The cross-border initiative via a subsea cable will be the first project the Surgayen platform intends to develop.

Follow the link for more news on

Join Asian Power community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Indonesia’s new regulation speeds up energy transitions
The government has issued Presidential Regulation No. 112 of 2022 to limit the coal-fired power plants and gradually reduce coal consumption.
What can fix renewable energy’s intermittency?
Solar and wind power are not reliable enough to meet Southeast Asia’s issue on power demand, Enlit Asia’s invitees said.