· The two companies will jointly evaluate possible opportunities in renewables, conventional technologies and mini-grids
Rome, June 3rd, 2016 - Enel S.p.A. (Enel) and the Indonesian power utility PT PLN Persero (PLN) have signed a Memorandum of Understanding (MoU) to cooperate in sustainable power generation in Indonesia. Enel and PLN will evaluate possible opportunities on projects in electricity generation in the country starting from the joint assessment of the local market for renewables, conventional technologies and mini-grids.
Todays agreement marks the beginning of an important partnership that recognises Enels commitment to develop an operational presence in Indonesia, the largest economy of South-East Asia, stated Francesco Venturini, at the helm of Enel Green Power but signing the MoU as Head of the Enel Groups Sub-Saharan Africa and Asia Region. Together with PLN we are exploring opportunities in Indonesia across the range of power generation technologies. We are looking forward to start cooperating with this major player in a country with such an interesting outlook when it comes to its growing energy demand and abundant resources.
Under the agreement, Enel and PLN will share useful information and experience both in renewables and conventional generation and will also be scouting for potential opportunities, especially in geothermal, hydropower, wind, solar photovoltaic for renewable energy and CCGT on the conventional front. Enel and PLN will also scout for potential opportunities in mini-grid technologies for the energy supply of remote areas and islands. The two players will implement the agreement through regular meetings, training, seminars, staff exchange, studies and research cooperation among other things.
PLN is an Indonesian government-owned utility, active in power generation and distribution. The company operates over 46,100 MW of generation capacity in the country.
In Asia, Enel owns a majority stake in BLP Energy, one of Indias leading renewable energy players. The company owns operating wind farms for a total capacity of 172 MW which produce annually about 340 GWh. Currently in Indonesia, Enel owns a minority stake in the mining company Bayan Resources.
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