Green Global Venture
A new Solar Project for GGV Team in Indonesia
Indonesia is a large archipelago located at the south-east of mainland Asia between the Pacific Ocean and the Indian Ocean. The country’s territory encompasses over 17,500 large and small islands which stretch over 5,000 kilometers (3,100 miles) across Southeast Asia and Oceania. It is home for over 252 million people in 2014 and it is the world fourth largest populous nation.
More than 62 million people or almost one third of Indonesia inhabitants have a lack of access to electricity. These people mostly live in rural areas and outer islands. Most power generation today is from conventional thermal sources including fossil fuels such as oil, coal and natural gas. Current Indonesia’s government already installed power capacity of 52GW and has an ambitious plan to increase another 35GW in another five years. The demand is expecting a growth with an average of 8.4% p.a. due to the rapid urbanisation and industrialisation.
To answer to that demand, GGV and local partner has discussed to develop a 2 MW capacity of Solar Power Plant (PLTS) in Nusa Tenggara Timur (East Indonesia). This operation is in line with the Bali Province Clean and Green Program launched by the Goverment of Indonesia and it will develop the local industry as well as local economy.