Press Release

The panel and solar cell factories are expected to be commercially operational in the second quarter and third quarter of 2024, respectively. The parties in this partnership plan to increase the plant's production capacity to reach 3 gigawatt peak in the next 2-3 years. "The presence of production facilities in Kendal is the company's commitment under the auspices of Sinar Mas in supporting the acceleration of the energy transition to reduce carbon emission release. Because of the widespread use of solar energy, it will provide added value not only for us, but also its users, both from the scope of the industrial and residential sectors, and of course our environment," said Managing Director of Sinar Mas, Ferry Salman.

Also present at the inauguration were the Minister of Industry, Agus Gumiwang Kartasasmita, Director General of Metal, Machinery, Transportation Equipment and Electronics Industry of the Ministry of Industry, Taufiek Bawazier, Director General of Regional Resilience and International Industrial Access, Ministry of Industry, Eko S. A. Cahyanto, Regent of Kendal Regency, Dico Mahtado Ganinduto, Director of Corporate Planning and Business Development of PT PLN (Persero), Hartanto Wibowo, and Managing Director of Sinar Mas,  Saleh Husin.

PT Dian Swastatika Sentosa, Tbk, is one of the pillars of Sinar Mas' business in the field of energy and infrastructure which has developed several power plants with a total capacity of 900 MW. Trina Solar is the world's leading solar PV module manufacturer listed as one of the Tier 1 AAA bankable solar panels by Bloomberg New Energy Finance (BNEF) and consistently maintains its position as the 5th company with the largest production capacity in the world. While PT Agra Surya Energi is a domestic company that focuses on the development of rooftop solar PV, with a portfolio and plan for the development of rooftop solar that currently reaches more than 100 MWp.