SGI-Mitabu secures funds for 50MW plant in Indonesia

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SGI-Mitabu, a company formed by two Australian firms The Solar Guys International and Mitabu Australia, has announced that it has secured the necessary finances to fund the first phase of its planned 250MW PV projects in Indonesia.

Earlier this year, SGI-Mitabu signed a Memorandum of Understanding (MoU) with the Indonesian Ministry of Energy and Mineral Resources to develop 250MW of solar power projects across Indonesia under the company’s One Solar Watt Per Person programme. The programme aims to deliver one watt of solar power for every person in Indonesia — equivalent to 250MW of PV capacity. SGI-Mitabu is hoping to extend this programme to incorporate other countries in South East Asia.

As part of the first phase, SGI-Mitabu will build a 50MW PV system which represents the company’s first utility-scale solar power project in Indonesia. It is understood that the plans are still at an early stage. However, speaking to PV-Tech, The Solar Guys International confirmed that the installation will probably utilise Kyocera Solar’s 320W c-Si poly PV modules which are designed specifically for large-scale projects.

The company also confirmed that the 50MW ground-mounted project will be built on a site covering 60-80 hectares in addition to land for a “tourism facility”. According to the company, the installation will feature a first-of-a-kind design and will become an iconic installation in the country. As a result, it is expected to act as a tourist attraction.

“We’re delighted to be partnering with the Indonesian Government to roll out the One Solar Watt Per Person program in Indonesia that will deliver clean, renewable solar power to this great country,” said The Solar Guys International’s Director Dane Muldoon. “Our projects are all fully funded under a Power Purchase Agreement (PPA) model and every installation will either displace dirty and expensive fossil fuel power generation or bring reliable power to remote communities for the first time.”

Mitabu Australia’s Director Dr. M Rusydi added: “Many financiers view solar power as just a ‘green’ product. We see solar power as being the fastest way to deliver the crucial clean energy infrastructure needed in countries like Indonesia.”
 

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