SGI-Mitabu secures funds for 50MW plant in Indonesia

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.

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Posted November 5, 2012 by repit in News

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