GCL Intelligent Energy (Suzhou) Co., Ltd., has signed shareholder agreements for two large-scale clean energy projects in Indonesia: the 100 MW Banyuwangi ground-mounted solar project and the 100MW Gajah Mungkur floating solar project.
At the signing ceremony, Yu Xiaodong, Chief Representative of GCL Group in Indonesia, led his team in executing the shareholder agreements with PLN Indonesia Power (PLN IP), a core subsidiary of Indonesia’s state-owned utility, Perusahaan Listrik Negara (PLN).
The two projects, recognised as priority initiatives under Indonesia’s Hijaunesia Plan – a government-led program to accelerate renewable energy development – reflect the deepening partnership between GCL Group and PLN. Once operational, the facilities will support Indonesia’s shift toward renewable energy.
