Indonesia’s PLN signs agreement to develop commercial tidal power plant

State-owned utility PT Perusahaan Listrik Negara (PLN) and British marine and hydrokinetic developer SBS Intl. Ltd. have signed a memorandum of understanding to develop an ocean energy project in Indonesia.

The tidal stream plant, which SBS said would be Indonesia’s first commercial-scale project, would be built in phases beginning with an initial 12 MW plot and scaling up to 140 MW at a total cost of US$350 million.

“PLN is very pleased to collaborate with SBS on this new and renewable energy development project which will contribute toward the fulfillment of additional power requirements, especially on remote islands,” PLN president director Sofyan Basir said.

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Posted August 27, 2015 by repit in News

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