Elang Perdana, a tyre producer in Indonesia, has entered into a long term agreement with Singapore based solar power company Cleantech Solar to source solar power from what the latter terms as one of the biggest rooftop solar PV systems in Indonesia with 4.5 MW capacity.
The project will be installed at Elang Perdana's manufacturing site in Java to enable the company source cleaner and cheaper electricity to power its manufacturing processes at zero upfront capital investment.
Under the 25-year agreement, renewable energy supplier to corporates in Asia, Cleantech Solar will set up the system on a turnkey basis. On completion it will generate more than 136,300 MWh of clean electricity annually.
"Cleantech Solar is delighted to partner with Elang Perdana in helping them to make this transition towards renewable energy. We look forward to many further such collaborations in Indonesia which will help businesses achieve their environmental and cost-saving targets and contribute towards the country's sustainable goals," said Cleantech Solar Founder and Executive Chairman Raju Shukla.
In March 2020, Indonesian coal miner SESM signed a 20-year power supply contract with palm oil planter PT Golden Blossom for 10.5 MW off-grid solar power plant (see Indonesian Coal Miner To Build 10.5 MW Solar Plant).
Recently, Cleantech Solar completed a 2.4 MW installation in another Southeast Asian nation Thailand for US food producer Cargill to supply it over 3,000 MWh solar energy annually (see US Food Producer Goes For Solar Power In Thailand).