Market Overview

PJB Services, First Solar Sign Agreement on Solar Power Plant Project in Indonesia

First Solar (NASDAQ: FSLR) and PT. Pembangkitan Jawa Bali Services
(PJB Services) of Indonesia today signed a memorandum of understanding
(MOU) to collaborate on the delivery of 100 megawatts (MW) of
utility-scale solar power plants in Indonesia in order to address the
growing energy demand in the country.

First Solar thin-film solar photovoltaic modules in a ground-mounted solar power plant. (Photo: Business Wire)

“Indonesia has an increasingly urgent need for reliable, cost-effective
energy resources. The agreement with PJB Services facilitates an ideal
collaboration to provide Indonesia with the needed solution,” said Won
Park, First Solar's Senior Manager of Business Development and Sales in
Southeast Asia. “This MOU underscores First Solar's belief that the
Indonesian

See full press release

Posted-In: Earnings News Guidance Contracts Management Global

 

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