Canadian Solar to partner on 60MW module plant in Indonesia

Facebook
Twitter
LinkedIn
Reddit
Email

To benefit from a new feed-in tariff (FiT) system to be introduced in Indonesia, Canadian Solar is planning to partner with local PV module manufacturer, PT Swadaya Prima Utama on a proposed 60MW plant.

The companies signed a Memorandum of Understanding (MOU) to evaluate the opportunity but did not provide further details.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Shawn Qu, chairman and CEO of Canadian Solar, said: “The joint venture, if successful, will strengthen our position to participate in the Feed in Tariff program announced by the Ministry of Energy and Mineral Resources (MEMR) of Republic of Indonesia. The addition of this strategic capacity will also expand our footprint and give us greater flexibility in addressing global solar demand. We have a strong, local partner in PT Swadaya Prima Utama, which we expect to build into a mutually beneficial, long-term relationship, similar to other successful partnerships we have formed in the past.”

PT. Swadaya Prima Utama is said to have a 25MW module assembly plant in Indonesia.
 

Read Next

December 13, 2024
Chinese solar manufacturer Trinasolar is engaged in two legal proceedings with the US government over patents and import tariffs.
December 13, 2024
European solar manufacturing boasts a low carbon footprint, and falling material requirements, says SolarPower Europe.
December 13, 2024
With a combined capacity of 394MW, the Tocopilla (227MW) and Tamarico (167MW) are located in the northern regions of Antofagasta and Atacama
December 13, 2024
The United States Studies Centre (USSC), a think tank based at the University of Sydney, has said that Australia has an opportunity to “fill niche gaps in the global solar supply chain” but risks relying on Chinese imported goods.
December 12, 2024
A 300MW solar-plus-storage twin project is set to be developed in North Queensland, Australia, after success in the recent Capacity Investment Scheme (CIS) tender.
December 12, 2024
Dubbed “MaNiTU”, the Fraunhofer project aimed to identify the most sustainable path for the market launch of tandem solar cells with perovskite-silicon tandem solar cells in the lead.

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
December 18, 2024
9am GMT / 10am CET
Solar Media Events
February 4, 2025
London, UK
Solar Media Events
February 17, 2025
London, UK
Solar Media Events
February 26, 2025
Seattle, USA
Solar Media Events
March 11, 2025
Frankfurt, Germany