Cikarang Listrindo Targets 30 MWp Rooftop Solar Capacity
Public News|August 29, 2023
29 August 2023 - PT Cikarang Listrindo Tbk (IDX: POWR), Indonesia's oldest Private Power Utility (PPU) in operation since 1993, continues to transform and develop sustainable business practices over its 30 years of operation. One of the ongoing transformations is the development of renewable energy through the Rooftop Solar Power (PLTS Atap). As of August 28, 2023, the Company has successfully increased its Rooftop Solar Power capacity to 15.4 MWp and as the PPU with the largest rooftop solar power in Indonesia. There are still projects in queue with a total capacity of 12.6 MWp. The Company is determined to reach a total rooftop solar power capacity of 30 MWp this year, coinciding with its 30th anniversary.
Each year, the Company strives to add 10 MWp of rooftop solar power with the hope of becoming the PPU with the largest rooftop solar power capacity in Indonesia in the future. Currently, the largest operating rooftop solar power in Indonesia is the Likupang solar power plant, with an installed capacity of 21 MWp located in Wineru Village, East Likupang District, North Minahasa Regency, North Sulawesi Province. Rooftop solar power generates renewable energy and provides an environmentally friendly and sustainable energy solution that directly contributes to reducing Greenhouse Gas (GHG) emissions in industrial areas. By the end of 2022, the Company's entire rooftop solar power had generated approximately 8,609 MWh of renewable energy. The cumulative energy production from the rooftop solar power from 2019 to July 2023 has reached 19,718 MWh. With this contribution, the Company has successfully reduced the emissions by approximately 21.7 kTons of CO2 over almost 5 years, equivalent to the carbon absorption of more than 210,000 mature trees.
Furthermore, PT Cikarang Listrindo Tbk also prioritizes sustainability principles by taking concrete steps to reduce GHG emissions. The Company has set targets to reduce GHG emissions by 10% by 2025 and 20% by 2030. These efforts align with the Indonesia's contribution to the Nationally Determined Contribution (NDC) in the energy sector.
The Company's actions are also in line with the Sustainable Development Goals (SDGs) No. 7 and 13, related to access to clean energy and environmental protection. As a form of transparency toward the environment, the Company periodically reports emissions to the public through its Sustainability Report, certified by independent international bodies. Emissions of SO2, NO2, and particulate matter from GSPP Jababeka and GFPP MM-2100 in the first half of 2023 were <4 mg/Nm3, <174 mg/Nm3, <9 mg/Nm3, respectively. Based on the analysis of these emissions, the Company’s emission is well below the quality standards set by the Ministry of Environment and Forestry (KLHK), which are 150 mg/Nm3, 400 mg/Nm3, 30 mg/Nm3, respectively. Similarly, emissions of SO2, NO2, and particulate matter from CFPP Babelan in the first half of 2023 were <163 mg/Nm3, <181 mg/Nm3, <32 mg/Nm3, respectively. Based on the analysis of these emissions, the Company is significantly below the quality standards set by KLHK, which are 550 mg/Nm3, 550 mg/Nm3, 100 mg/Nm3, respectively.
In the spirit of celebrating 30 years of operation, the Company reaffirms its commitment to prioritize sustainability, social contribution, and environmental protection. The Company strives to make the greatest contribution with the highest commitment to add value to stakeholders, including the surrounding community and the environment. With the motto "Light that Brings Goodness", the Company encourages its employees, both individually and as an organization, to have positive impact on their surroundings, embodying the spirit of the Company's founder 30 years ago.
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Public News | Nov 13, 2023
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Public News | Sep 22, 2023
PT Cikarang Listrindo (Persero) Tbk has paid off a bond debt of US$50 million, equivalent to Rp768.39 billion (assuming an exchange rate of Rp15,367 per US dollar).Read More
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Public News | Sep 22, 2023
Air pollution, a major concern for the Jakarta Greater Area (Jabodetabek) community, has prompted a swift response from the government. PT Cikarang Listrindo Tbk (IDX: POWR), a power generation company that prioritizes Environment Social Governance (ESG) aspects in its operations, has always ensured that its operations comply with government regulations and directives.Read More