Twenty20 Energy to Develop Renewable Energy Projects in Partnership with Indonesian EPC
Twenty20 Energy signed a Memorandum of Understanding (MOU) with PT Satyamitra Surya Perkasa (PT SSP), a proven engineering, procurement, and construction (EPC) company in Indonesia, to jointly propose innovative clean energy and renewable power generation solutions throughout Indonesia.
June 01, 2022. By News Bureau
Twenty20 Energy, which delivers innovative energy solutions that accelerate the transition to a cleaner energy future, signed a Memorandum of Understanding (MOU) with PT Satyamitra Surya Perkasa (PT SSP), a proven engineering, procurement, and construction (EPC) company in Indonesia, to jointly propose innovative clean energy and renewable power generation solutions throughout Indonesia.
Development teams from Twenty20 Energy and PT SSP are working together to pursue power generation opportunities within the Indonesian market, while the two companies’ design and operations teams will jointly create power generation solutions that fit the unique needs and geographies of Indonesia.
Twenty20 Energy and PT SSP are collaborating to develop renewable, solar and onshore wind energy solutions. The two companies are conducting due diligence on a shortlist of appropriate locations for these projects.
Twenty20 Energy and PT SSP also believe Indonesia is an ideal market for Twenty20’s proprietary Power Island Floating Storage Regasification & Power (FSRP) solution, which is specifically designed for regions comprised of multiple islands and coastal communities desiring to transition from coal-fired or subsidized diesel generation to more environmentally friendly solutions.
“Indonesia is one of the most populous archipelago countries in the world with global commercial interests,” said Jim Schnieders, Twenty20 Energy’s president, who has extensive experience working in Indonesia. “Because of its geography, and its many remote and distanced island chains, getting power to the entire country has been a challenge. We’ve engineered several innovative solutions and believe by working with PT SSP, we can help to address the power infrastructure issues in many of these locations.”
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