03/06/2015 - Press release

Contract signed by Total E&P Indonesie and Akuo Energy Indonesia regarding the engineering for 7 MWp of solar power projects in Indonesia

JAKARTA, February 2015 -- Total E&P Indonésie (TEPI) and Akuo Energy Indonesia, an independent producer of renewable energy, announced the signing of a Front End Engineering Design (FEED) contract for  a total capacity of 7MWp solar project. This initiative is the largest solar energy project to date in Indonesia.

With a total capacity of approximately 7 MWp, this project concerns the construction of three solar energy farms in the province of East Kalimantan.

The Senipah Project will be based within the Senipah terminal operated by TEPI. With a capacity of approximately 4 MWp, this project will be the largest scheduled solar power project in Indonesia to date. The Solar PV will be installed using the ground mounted system, utilizing the availability of area without hampering any activity in Senipah. The electricity produced from this project will augment the existing generator used to power Senipah processing facilities. This project will generate the equivalent amount of the electricity consumption of 2,700 Indonesian houses.

The Balikpapan Project will be based in the town of Balikpapan, on TEPI’s office facilities. With an installed capacity of 2 MWp, the Solar PV panels will be installed on the roofs of several office buildings. It also planned to build three car parks with PV panels as a shelter. This project will generate the equivalent amount of the electricity consumption of 1,200 Indonesian houses.

The Handil Project, a base operated by TEPI with an installed capacity of 0.8 MWp, will involve the deployment of solar panels on the roofs of four of the base’s buildings. When this project will become operational, it will be able to provide 14.5% of the Handil base’s electricity consumption.

Once they are in operation, these three projects will make it possible to avoid the emission of  2,220 tons of carbon a year, and are perfectly in line with the Indonesian government’s target of achieving 23% of renewable energies in its energy mix by 2015.

Hardy Pramono, President and General Manager of TEPI, states, ”This contract with Akuo Energy represents a milestone in TEPI’s strategy to develop renewable energy projects in Indonesia.

"TEPI already completed in 2013 a small solar pilot project in its Balikpapan office premises. It is now time that we move towards bigger and more significant projects. We have been working with Akuo Energy since 2013 and are very satisfied to see this cooperation materializing with this contract."

Eric Scotto, Chairman and co-founder of Akuo Energy, says: “We are proud to have been chosen by Total E&P Indonésie for the execution of this wonderful mission, which also endorses our expertise as a service provider for the development of renewable energy projects.

"We are also proud to be working alongside such an emblematic group to accompany it in its strategic choice to be a global energy player. Lastly, through this mission, we are delighted to be able to help the Indonesian government reach its target of reducing the percentage of fossil fuels in its energy mix."

"With 17,500 islands and more than 250 million inhabitants, 20 million of whom do not have access to electricity, Indonesia is located on the equator and is a country with immense potential in terms of renewable energy, and solar power in particular. Indonesia lies at the heart of our internationalisation strategy.”

About Total Exploration and Production in Indonesia

Total has been present in the country since 1968, with operations primarily concentrated in the giant offshore Mahakam PSC block (50%, operator, 50% Inpex Ltd) in East Kalimantan covering the Peciko, Tunu and Tambora gas condensate fields as well as Bekapai and Handil oil fields. Total is also operating the Sisi-Nubi gas field with a 47.9% stake. The large operation in Mahakam PSC positions Total as the largest gas producing operator and largest oil & gas operator in Indonesia (in terms of barrel of oil equivalent) in 2013. Total currently contributes to more than 80% of the Bontang LNG Plant supply with a 2014 operated production in Indonesia of 1,649 MMscf/d and 67.6 kbbl/d of oil and condensates, or 358 kbbl/d of oil equivalent. Total's producation in Indonesia in 2014 was 130.1 kbbl/d of oil equivalent. Total is also actively engaged in exploration activities in Indonesia with participations in 14 exploration blocks in Indonesia at end 2014, targeting in particular deep-offshore and under-explored frontier areas.

As part of its Corporate Social Responsibility in Indonesia, Total is intensely involved in community empowerment and capacity building actions in the areas of education and research, health and nutrition, local economic empowerment, environment, and alternative energies. These endeavors are consistent with Total’s commitment to answer the challenges of sustainable development.

Total’s commitment in the country is further exemplified through its manpower program, with an extensive program to develop national manpower and high level national managers through training and international assignments, as well as career development for new recruits. Total also continues to enlarge partnerships with national businesses and significantly enhance indirect employment, which is currently estimated at 22,000 full time jobs on its industrial sites.

 

About Akuo Energy

Akuo Energy is the leading French independent renewable energy power producer. Akuo Energy is present across the whole value chain, including project development, financing, construction, and operation.  As of December 2014, Akuo Energy had invested USD 2.0 bn and had a total capacity of 863 MW in operation and construction, with financing underway for a total headcount of 177 employees. Its headquarters are located in Paris, France, while it has subsidiaries in 7 other countries: Uruguay, Croatia, Poland, Turkey, Indonesia, Dubaï, and the United-States. Akuo Energy aims to have a global production capacity of 3,000 MW within 5 years.  More information can be found at www.akuoenergy.com