Pertamina NRE Explores Renewable Energy Development in Bangladesh to Support Global Energy Transition
Pertamina NRE (New & Renewable Energy) has signed a Memorandum of Understanding (MoU) with Copenhagen Urban Solar Parks BD Ltd (CUSP). This collaboration is to explore cooperation in developing the renewable energy sector in Bangladesh. The projects being developed include solar power plants (solar PV) as well as opportunities for operation and maintenance (O&M) cooperation.
The signing of the MoU was carried out by the President Director of Pertamina NRE, John Anis, and the Chairman of CUSP, Ziaur Rahman, at Grha Pertamina, Jakarta on Wednesday (13/5).
This collaboration is an initial step for both companies in exploring investment opportunities and developing clean energy projects in Bangladesh, in line with efforts to accelerate the energy transition and strengthen regional collaboration in the sustainable energy sector.
This cooperation also reflects Bangladesh’s trust in Pertamina NRE’s capabilities and experience in developing new and renewable energy, including in managing large-scale solar energy projects at the international level.
Within the scope of this cooperation, both parties will conduct a feasibility study covering technical, market, business, environmental, legal aspects, as well as project risks. In addition, the parties will also explore strategic, technical and commercial cooperation, including the exchange of knowledge and the application of technology related to the development of renewable energy.
The President Director of Pertamina NRE, John Anis, explained that this collaboration reflects Pertamina’s seriousness in the field of energy. It is also an effort to expand the development of green energy in the international arena.
“In the midst of a global situation full of uncertainty, this collaboration is an important momentum and a strategic step for the development of renewable energy business in Indonesia while supporting sustainable clean energy needs in Bangladesh,” said John Anis.
John added that the development of cooperation in Bangladesh also has the potential to strengthen Pertamina NRE’s international portfolio which currently shows positive performance in the Philippines.
“Currently, Pertamina NRE has an installed capacity of more than 1 GWp in the Philippines and continues to grow with a target of reaching 2.6 GWp by the end of this year. This concrete achievement is important capital for Pertamina NRE to develop similar projects in Bangladesh,” he added.
Meanwhile, Chairman of CUSP, Ziaur Rahman, said that the partnership with Pertamina NRE would open up opportunities for broader synergies in the development of solar energy projects in Bangladesh.
“We welcome this collaboration as a strategic step to present innovative, efficient and impactful clean energy solutions for sustainable development in Bangladesh,” said Ziaur Rahman.
Meanwhile, Roy Wahab, Director of Investment and Creative Economy at the Ministry of Foreign Affairs of the Republic of Indonesia, who was present as a witness at the signing, expressed his appreciation for the initiative of both companies in strengthening economic and energy cooperation between Indonesia and Bangladesh.
“This partnership reflects the close bilateral relations between the two countries, especially in encouraging green investment and sustainable energy development. Sharing knowledge and experience will certainly benefit both countries,” said Roy.
Through this collaboration, Pertamina NRE and CUSP hope to support the acceleration of the global energy transition and Indonesia’s Net Zero Emission target by 2060. This also encourages the development of clean energy, green investment, as well as the exchange of technology and experience for both countries. It is hoped that in the future it will provide economic benefits, strengthen energy resilience, and make a real contribution to facing the challenges of climate change and realizing a sustainable energy future.