Containerized BESS project financing options in Indonesia 2030

Why is PLN launching a Bess project in Indonesia?

As well as being the country’s first co-located BESS and solar PV project, it is also the first renewable energy project to be developed and financed for Indonesia’s new capital and the first project to reach financial close after changes arising from PLN’s holding-subholding corporate reorganisation.

How many Bess projects are there in 2023?

Their BESS market is growing rapidly, with many generation companies planning to deploy these systems. As a result, 71 BESS projects with a total capacity of 2110 MW are expected to be operational by 2023, and 36 BESS projects, with a full capacity of 1048 MW, are in the early stages of development .

How can Bess help the EV market in Indonesia?

The growing EV market will necessitate a robust battery ecosystem, including storage solutions for grid integration and charging infrastructure. Indonesia's focus on industrial growth creates a demand for reliable power. BESS can offer backup power, improve power quality, and enable cost savings through peak shaving.

How many Bess projects are there in the Philippines?

As a result, 71 BESS projects with a total capacity of 2110 MW are expected to be operational by 2023, and 36 BESS projects, with a full capacity of 1048 MW, are in the early stages of development . The Philippines could use solar PV paired with BESS to achieve a stable power system.

Which PLN subsidiaries are involved in Bess project?

PLN is also collaborating with a subsidiary of conglomerate Sinar Mas Group to expand the country’s electric vehicle charging (EV) infrastructure. The PLN subsidiaries involved in the BESS project are the main electricity provider PT Indonesia Power, plant operator PT Pembangkitan Jawa Bali, and support unit Electricity Maintenance Center.

What is the Bess market potential?

This is in line with an increase in the share of renewable energy in the energy mix to 50% by 2040, promoting new technologies and increasing system flexibility. Consequently, the BESS market potential is expected to reach 56.118 MW by 2040 with the addition of wind and solar power.