Sign in or Sign-up News | December 17, 2020 Masdar And PT PJBI Form Joint Venture To Drive Development Of Indonesia's First Floating Solar Power Plant PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE) formed to develop Cirata Floating Photovoltaic Power Plant in West Java region 145-megawatt (ac) plant designated as National Strategic Project by Indonesian government, recognizing its economic and social benefits to nation Abu Dhabi, UAE /PRNewswire/ - Masdar, one of the world's leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia's state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia's first floating PV project.