Rooftop solar PV project exposures to BCA

28 December 2019

USAID’s Indonesia Clean Energy Development II (ICED II) project facilitated BCA, a leading Indonesian commercial bank, to conduct a training on the technology and financing related to renewable energy projects, especially rooftop solar photovoltaics (PV). A total of 20 participants from corporate commercial and training center divisions of BCA attended the training on December 10-11, 2019. The training covered various subjects, including power purchase agreements, rooftop solar PV technology, grid renewable energy power generation, planning processes, interconnection, technical due diligence, and risk management. The training also discussed solar PV project financing. On the second day, the participants toured a rooftop solar PV power plant in Cirata, West Java, where they spoke with the training academy of PT Pembangkitan Jawa Bali (PJB), a subsidiary of the State Electricity Company (PLN). This training academy is under PLN Corporate University, part of PLN’s program to enhance the capacity of its human resources. PJB through Cirata rooftop solar PV power plant, is aiming to create an efficient & appropriate configuration design of rooftop solar PV power plant based on the condition in Indonesia. Therefore, instead of using crystal line for their solar cell material which is mainly common for solar PV, Cirata rooftop solar PV prefer to use thin film that is more effective for Indonesia condition and generates electricity efficiently. Cirata rooftop solar PV power plant is a captive power plant where they use their own energy consumption or can be connected to PLN’s grid.

This training will help BCA staff to analyze documents related to renewable energy project development. These documents are requirements in the credit evaluation process.