Realizing Contribution to Reducing Greenhouse Gases, ALDO Starts Working on Solar Panel Construction
By : Nata Kesuma | Thursday, October 19 2023 - 06:00 IWST

PT Alkindo Naratama Tbk (ALDO)
INDUSTRY.co.id - Jakarta, October 18th 2023 – PT Alkindo Naratama Tbk (ALDO), a listed company engaged in the integrated paper and chemical business, is currently in the process of constructing solar panels with the capacity to generate 3.0333 MWp of electricity at one of its subsidiaries, PT Eco Paper Indonesia.
The start of construction of solar panels is a manifestation of ALDO's commitment to contribute in efforts to reduce greenhouse gases, and simultaneously supports the government program to achieve the target of using renewable energy of 23% by 2025.
"We hope that the solar power plant we've begun building will be operational by the end of 2023," said ALDO's President Director, H. Sutanto.
Through the collaboration between the Japanese and Indonesian governments, the construction of this solar panel system is funded under the JCM Model Project scheme, allowing the company to avoid upfront investment costs.
The presence of solar panels not only benefits Eco Paper by providing competitive and renewable energy, but also positively impacts the reduction of the company's electricity bills. Furthermore, the initiative to shift a portion of electricity consumption to renewable energy sources is estimated to reduce greenhouse gas emissions by 2,182 tons of CO2 per year.
As a result, the company actively contributes to Indonesia's efforts to achieve the goal of net-zero emissions by 2060.
In detail, within a period of 25 years, ALDO's step in installing a 3.0333 MWp solar panel installation will generate 96,720 MWh of electricity and reduce carbon emissions by 75,906 tons of CO2, equivalent to planting 3,036,234 trees.
"With the presence of these solar panels, the Company will enjoy several benefits, such as reduced operational costs and dependence on expensive and limited fossil energy sources. In the long term, the presence of solar panels will help create energy price stability, thereby reducing the risk of fluctuations in conventional energy prices. Meanwhile from an environmental sustainability perspective, it is clear that the presence of solar panels will reduce greenhouse gas emissions and carbon footprint," concluded Sutanto.
Read Also
ALDO's Performance is Improving, Proven Revenue Grew 10% YoY, and…
Focusing on Increasing Sales Inter Quarters, SMKL Achieves Sales…
ALDO Strengthens PT Eco Paper’s Business of Recycled Brown Paper…
ALDO Remains Confident in Business Potential to Seize Opportunities…
ALDO Books Sales of IDR 1.40 trillion, Net Profit of IDR 65.76 billion…
Today's Industry

Selasa, 11 Februari 2025 - 16:31 WIB
Cipta Perdana Lancar Ready to Expand and Diversify for Sustainable Growth
Since its establishment in 2007, PT Cipta Perdana Lancar Tbk (PART) has continued to transform into a major partner in the supply of spare parts for the automotive, sanitary, and electronics…

Rabu, 22 Januari 2025 - 12:53 WIB
MICE Activities at JCC Halted, PT GSP Continues Legal Process
PT Graha Sidang Pratama (PT GSP), the investor and manager of the Jakarta Convention Center (JCC), revealed that the company is currently unable to run Meeting, Incentive, Convention and Exhibition…

Sabtu, 14 September 2024 - 16:56 WIB
Essential Tips for Choosing Personal Health Insurance in the US
Choosing the right health insurance plan in the United States can be a complex task, especially with the variety of options available and the ever-changing landscape of healthcare policy. Here…

Sabtu, 14 September 2024 - 16:53 WIB
The Top 10 Insurance Companies in the US for 2024
In the ever-evolving landscape of insurance, selecting the right company can significantly impact your financial security and peace of mind.

Jumat, 13 September 2024 - 15:37 WIB
Why Airbnb Become Popular in 2024?
Airbnb fosters a more interactive experience between hosts and guests. Through direct messaging, guests can inquire about specific details, negotiate pricing, or clarify expectations, which…
News Comment