Saturday, September 24 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Sep 19
Week of Sep 12
Week of Sep 05
Week of Aug 29
Week of Aug 22
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Nickel Industries signs term sheet for 200-MWp solar project in Indonesia

    August 17, 2022 - SeeNews Renewables


      August 17 (Renewables Now) - Australian company Nickel Industries Ltd (ASX:NIC) has signed a binding term sheet for the installation of a 200-MWp solar project with a 20-MWh battery to power the operations of the company in Indonesia.

      The agreement is with Indonesian solar developer PT Sumber Energi Surya Nusantara (SESNA), which will develop, install, operate and maintain the project at the Indonesia Morowali Industrial Park (IMIP). The installation will supply power to Nickel Industries’ Hengjaya Nickel, Ranger Nickel and Oracle Nickel processing operations.

      Nickel Industries will be the long-term offtaker of the project.

      “The fact that Nickel Industries is not required to provide any funding for the project is very attractive, as is the stable nature of the pricing which will be fixed over the 25-year contract period and which is currently lower than existing power costs,” said managing director Justin Werner.

      The binding term sheet follows the signing of a memorandum of understanding (MoU) with SESNA in January. The project will add to a battery storage project of 396 kWp plus 250 kWh that was commissioned by SESNA at the Hengjaya Mine.

      Nickel Industries plans an additional 220-MWp solar project in the Hengjaya Mine area in partnership with Singapore-based Quantum Power Asia Pte Ltd.


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.