Indonesian Political, Business & Finance News

Video: Renewable Energy Business Expansion, Entrepreneur Scales Up Solar and Wind Projects

| Source: CNBC Translated from Indonesian | Energy
Video: Renewable Energy Business Expansion, Entrepreneur Scales Up Solar and Wind Projects
Image: CNBC

Kencana Energi Lestari’s Finance Director, Giat Widjaja, has outlined the company’s business development plans focusing on new and renewable energy (EBT). After successfully winning the tender for the Pakkat 2 Hydroelectric Power Plant (PLTA) project in North Sumatra, KEEN is currently conducting feasibility studies for a 10 MWp Wind Power Plant (PLTB) and Solar Power Plant (PLTS) project, along with an 8.4 MWh energy storage system. Additionally, KEEN continues to drive operational efficiency as a strategy to navigate global uncertainty and Rupiah exchange rate volatility through natural hedging and construction risk management.

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