Aslan Energy, PT Calypte Sugi Power to develop 2-GW solar hub in Indonesia

Initial production will be in 2026.

Aslan Energy Capital, Singapore, and PT Calypte Sugi Power, Indonesia have signed a memorandum of understanding to develop a two gigawatt power generation hub in Sugi Island, Riau Islands Province in Indonesia.

In a statement, Aslan Energy said the power hub aims to create a large-scale solar and clean energy facility in Riau Islands. By the end of 2026, the parties plan to produce one gigawatt of solar power, and possibly reach two gigawatts by the end of 2027.

“The unique geographic location, relatively flat terrain and good solar irradiance conditions of the Sugi Island makes a compelling case to establish the power arm of our value chain and accelerate the progress in achieving the ESG goals and SDG targets of the Riau Province as well as Indonesia's overall ambition to be a green energy leader in SE Asia,” said Dr. Muthu Chezhian, CEO of Aslan Energy Capital, Singapore. 

Han Fook Kwang, chief development director of PT Calypte Sugi Power, said that feasibility studies for the project have been completed with positive results. He added that detailed project engineering will be carried out in the coming months, with a final investment decision expected in the second quarter of 2025.