Recent Project Closing :

Some of our large SPV project company equity closings included:


1. PT. Clean Biofuel Limited developed biofuel in 27,000 hectares land in Gorontalo Province  was sold to PT.
   Provident Agro a subsidiary  company of Saratoga Fund in 2007.
2. PT. Himpurna California Energy, PT. Patuha Power Limited and PT. Bali Energy Limited PPAs for development
   of 1000 MW geothermal project in Central Java, East Java and Bali with equity from California Energy a
   division of MidAmerican Energy in 1993 – 2004.
3.PT. UPC Yogyakarta BayuEnergi signed Samas Wind Farm Power Purchase Agreement (PPA) for 50 MW of
   Yogyakarta Province on May 4, 2015.
4. PT. UPC SidrapBayuEnergi signed Sidrap Wind Farm PPA for 70 MW on August 19, 2015.  In operation April

5. Signed Memorandum of Understanding regarding Utilization of Wind Energy For Development Wind

   Electrical Power Plant (PLTB) In Indonesia With Capacity Up To 350 MW Until 2018 with PLN during President

   Jokowi’s visit to USA on October 26, 2015 in Washington D.C. SPV by PT. BinatekEnergiTerbarukan & PT.

   UPC Renewables Indonesia.


6. Biogas facility for Sampoerna Agro using POME (Palm Oil Mill Effluent) waste water from CPO Plant using

    aerobic digesters.








–  Sidrap Wind Farm Project Phase I and II – Total 70 to 250 MW in KabupatenSidenreng Rappang (Sidrap) of

    South Sulawesi Province

–  Sukabumi Wind Farm Project Phase I to V – Total 150 to 800 MW in Kabupaten Sukabumi of West Java


–  Maluku Wind Farm Project – 30 MW in Maluku Province








BET is developing 12 MW hybrid Hydro and Photovoltaic (PV) Power Plants in Buru Island of Maluku Province. 

This project will be the first hybrid contract for base load on an island.

The project is included in the current target of 35000 MW  energy supply in the next 5 years. 

It is also included in PLN’s General Electricity Supply Planning (RUPTL / Rencana Umum

Penyediaan Tenaga Listrik) with preliminary electricity permit (IUPTL / Izin Usaha Penyediaan Tenaga Listrik).

Buru Hydro Power has been formed as Project Company. Construction is scheduled in 2019.






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BET has signed a Cooperation Agreement with PT. AES Agriverde Indonesia (AES) to develop Power Purchase Agreement for Electric Power from aerobic digesters.

BET and AES completed first project with Sampoerna Agro developed Biogas facilities from the waste water ponds of Sampoerna’s palm oil mills.  2 (two) facilities with total 4 MW are now in commercial operations.  Currently working on East Kalimantan locations.







BET made a program with the Governor of Maluku Province, Provincial Government related officials as well as Bupati of South Buru District to develop cultivated Biomass Power Plants on Maluku Islands. BET signed an MOU with the Regional Government of South Buru District and witnessed by the Governor of Maluku Province on the development of a series of Biomass Projects.   BET also signed MOU with PT. PLN (Persero) of Maluku and North Maluku Region to develop Biomass Power Plant.

Potential islands with potential land areas for Biomass Base Load power (see map on fishing docks) :

Amahai – Pulau Seram

Ukurlarang – Pulau Selaru

Klishatu Wetar – Pulau Wetar

Kalar-kalar Aru – Pulau Aru

Dobo – Pulau Aru

Piru – Pulau Seram