HomeNewsVideos

FIRE enters in solar panels business

10 January 2020 08:17

JAKARTA - PT Alfa Energi Investama Tbk (FIRE) is aiming at developing the solar panel energy supply business for the mining industry in Indonesia in 2020. During this time, mining energy supplies still use energy from diesel fuel.

Quoted in the public expose published yesterday (9/1), FIRE management considers that there are business opportunities in the renewable energy sector (EBT), especially the development of solar panels. Because all this time, the mining sector still uses generators as energy supply in mining. The use of solar panels is considered to have a high enough cost, but the costs are relatively balanced compared to the use of generators for mining purposes.

In addition, it allocates capital expenditure of US $ 2 million in 2020, where this Capex will be used for the procurement of heavy equipment and land preparation. (LK)

© 2024 - IDN Financials - All Rights Reserved.