Cheerful Agreement And PLN In Renewable Energy Certificate And Inter Temporal Capacity

The signing of the cheerful cooperation and PLN (doc. Special).

JAKARTA - Various efforts to support environmental sustainability continue, including the Ceria Group. The producer of electric vehicle battery materials in Indonesia just signed an agreement with PT PLN (Persero) on Monday, May 20, 2024.

The agreement includes the purchase of Renewable Energy Certificate (REC) and the use of land for Inter Temporal Capacity (ITC) Power Plants. This marks a step forward in the use of renewable energy.

The agreement marks an important step in supporting the vision of the President of the Republic of Indonesia Joko Widodo to build an environmentally friendly electric vehicle battery supply chain.

This collaboration is important to support industrial downstreaming in Indonesia. Cheerfully playing one of the main players.

Renewable Energy Certificate (REC) is a certificate issued by PLN and recognized internationally through APX, Inc. based in the United States.

Each unit of REC represents the consumption of 1 Megawatt-hour (MWh) electrical energy from renewable energy sources.

Cheeriness, which is the pioneer in using REC in the integrated nickel refining industry, ensures that their nickel production is supported by environmentally friendly energy.

The CEO of Berhagia Group, Derian Sakmiwata, stated that the REC and ITC agreement affirmed its cheerful commitment to producing environmentally friendly nickel using Rotary Kiln Electric Furnace (RKEF) and High Pressure Acid Leach (HPAL) technology.

"The REC certificate ensures that cheerful nickel products have a minimum carbon footprint that supports the sustainability aspect," said Derian.

In addition, an amendment to the Electricity Sale and Purchase Agreement (PJBTL) was also carried out between PLN and Bahagia with a total capacity of 414 MVA or around 352 MW.

This electricity supply will begin to be distributed in stages starting in mid-2024.

PLN will provide additional electrical power using a gas-fueled Barge Mounted Power Plant (BMPP) with a capacity of 2 x 60 MW.

Cheerfully also supports PLN in providing land for the construction of Inter Temporal Capacity infrastructure, including the plan to build a 200 MW Gas Engine Power Plant (PLTMG) and increase the capacity of the 200 MW Gas and Steam Power Plant (PLTGU).

Ceris said the support was for the benefit of the community, especially in the areas of South, Southeast and West Sulawesi (Sulselrabar), and supported the Net Zero Emission program in 2050.

Using electricity from renewable energy sources, Ceria ensures that their smelter production process has very low carbon emissions.

This step demonstrates a cheerful commitment in producing environmentally friendly nickel and supporting sustainable mining practices.

"Supported by PLN, Cheeriness is ready to be at the forefront of the transformation of the nickel industry towards a sustainable future. This step shows a cheerful commitment as a pioneer in the production of green nickel, which provides tangible benefits for the environment, society and nation," said Derian.