![]() ![]() PT UPC Sidrap Bayu Energi’s 70MW wind farm plans to diversify the country’s generation mix with a clean source of power and contribute to the Government of Indonesia’s energy goals of increasing renewable energy from 6% of the generation mix in 2014 to 23% by 2025. Indonesia’s generation capacity does not meet its growing electricity demand and this problem is aggravated on the island of Sulawesi. UPC is proud to be able to bring a new power generation form to Indonesia at an affordable price and hopes to be able to replicate this success in other similar projects and provide low cost renewable energy for the benefit of PLN and the people of Indonesia.” President Director of PT UPC Sidrap Bayu Energy Brian Caffyn said “The pioneering Sidrap wind farm project will be Indonesia’s first utility scale wind farm project. “With the financing of this utility scale wind power deal, we are helping Indonesia accelerate its renewable energy development while improving the lives of local communities by providing reliable power.” “PT UPC Sidrap Bayu Energi will be a transformative project that will provide clean renewable energy to Indonesia,” said Elizabeth L. ![]() In March 2016, the OPIC Board of Directors approved a proposal to provide up to $120 million of financing for the development, construction, commissioning and operation of a wind farm with a generating capacity of 75MW in Sulawesi, Indonesia. ![]() government’s development finance institution, and Brian Caffyn, President Director of PT UPC Sidrap Bayu Energi, today signed a Letter of Cooperation for the financing of Indonesia’s first wind power project. Littlefield, President and CEO of the Overseas Private Investment Corporation (OPIC), the U.S. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |