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Addendum to the Renewable Energy Power Purchase Agreement 2014-September 2017
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Today, Friday (September 8th), Perusahaan Listrik Negara (PLN), the Indonesian state electricity company, signed 11 Power Purchase Agreements (PPAs) for renewable energy power plants totaling 291.4 Megawatts (MW). These agreements were signed with private power plant developers.
Previously, on August 2, 2017, PLN signed 53 PPAs for renewable energy power plants with a capacity of 257.17 MW. Therefore, a total of 64 PPAs have been signed, representing a combined capacity of 548.57 MW. As a result, over 700 MW of renewable energy power plant contracts have been signed this year, excluding geothermal power. The target is to reach 1,300 MW of renewable energy PPAs by the end of the year.
The government aims for renewable energy power plants to reach 23 percent of total installed capacity. As of July 2017, renewable energy power plants only accounted for 12 percent.
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