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Masdar has signed two agreements with the Indonesian electricity firm PT PLN to expand floating solar capacity on the island of Java.

Indonesia has the potential to install 3.3TW of solar capacity, according to the government, but several obstacles need to be tackled.

Indonesia has issued rooftop solar PV system development quotas of 5.75GW for state electricity company PLN between 2024 and 2028.

UAE state-owned renewable energy developer Masdar has signed a number of solar PV and renewables agreements in small and emerging global solar markets.

The Indonesian state utility PLN and UAE state-run renewables developer Masdar have inaugurated the 192MWp (145MWac) Cirata floating solar PV (FPV) plant in the West Java province of Indonesia.

Indonesia is aiming to deploy an additional 4,680MW of solar by 2030 as part of efforts to reach net zero carbon emissions by 2060.

Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of state utility PLN, and the UAE's Masdar have signed an agreement to develop the world’s largest floating solar project with a capacity of 200MW in Indonesia.

Given the tight land restrictions of the East Asian island, this would be a huge development.

Andre E. Susanto, senior vice president and founder, PT Inovasi Dinamika Pratama, explains how the new regulation requires all renewable energy-based power plants to sell electricity at or below the state-owned utility PLN’s prevailing generation cost.