The power purchase agreements [PPAs] are for the generated electricity from three solar parks of 21 MW in total in Lombok.
Following completion in 2018, the Lombok and Minut photovoltaic [PV] plants will be able to prouce 68,686 MWh of electricity each year, or enough to supply 51,000 homes. The Indonesian government has set target for a 23% renewables share by 2026.
The Singaporean firm plans to start building works in the second half of the year with the aim of launching commercial operations in 2018.
Following completion, the Lombok and Minut photovoltaic (PV) plants will be able to produce 68,686 MWh of electricity each year, or enough to supply 51,000 homes. Their combined output will help offset 55,000 tonnes of cabon dioxide (CO2) emissions annually, Equis calculates.
Equis Energy said it is also working on the development of 337 MW of solar and 840 MW of wind projects in Indonesia. The company noted that the 21-MW Minut solar park will be the largest of its kind in the Asian country, once operational.
The Indonesian renewable energy plan set by the government has the target for a 23% renewables share by 2026, as compared to 12% currently.
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