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GCL Energy Technology Expands Global Footprint with Two Major Clean Energy Projects in Partnership with Indonesia's PLN IP

On October 31, GCL Intelligent Energy (Suzhou) Co., Ltd., a subsidiary of GCL Energy Technology (GCLET) under GCL Group, signed shareholder agreements for two large-scale clean energy projects in Indonesia: the 100MW Banyuwangi ground-mounted solar project and the 100MW Gajah Mungkur floating solar project. The signing represents another milestone in GCL's international growth and reaffirms the company's commitment to the global clean energy transition.

articleGcl Energy Technology Co.,ltd. Class ANovember 1, 20252/company/gcl-energy-technology-co-ltd/news/gcl-energy-technology-expands-global-footprint-with-two-major-clean-energy-projects-in-partnership-with-indonesias-pln-ip
GCL Energy Technology Expands Global Footprint with Two Major Clean Energy Projects in Partnership with Indonesia's PLN IP

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[{"type":"text","content":"SHANGHAI, Nov. 2, 2025 /PRNewswire/ -- On October 31, GCL Intelligent Energy (Suzhou) Co., Ltd., a subsidiary of GCL Energy Technology (GCLET) under GCL Group, signed shareholder agreements for two large-scale clean energy projects in Indonesia: the 100MW Banyuwangi ground-mounted solar project and the 100MW Gajah Mungkur floating solar project. The signing represents another milestone in GCL's international growth and reaffirms the company's commitment to the global clean energy transition.","length":509,"tagName":"p"},{"type":"image","alt":"Signing Ceremony (PRNewsfoto/协鑫能源科技股份有限公司)","displaySize":"","headline":null,"caption":"Signing Ceremony (PRNewsfoto/协鑫能源科技股份有限公司)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":251,"url":"https://media.zenfs.com/en/prnewswire.com/34bfc2b143b790121ae1e378161bba40"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/dKd5hpn3LoalX6FMbrmZcg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ0MjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/34bfc2b143b790121ae1e378161bba40","width":400,"height":251}},"href":"https://mma.prnewswire.com/media/2811038/1.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"At the signing ceremony, Yu Xiaodong, Chief Representative of GCL Group in Indonesia, led his team in executing the shareholder agreements with PLN Indonesia Power (PLN IP), a core subsidiary of Indonesia's state-owned utility, Perusahaan Listrik Negara (PLN). The two projects, recognized as priority initiatives under Indonesia's Hijaunesia Plan — a government-led program to accelerate renewable energy development — reflect the deepening partnership between GCL Group and PLN. Once operational, the facilities will support Indonesia's shift toward renewable energy and help ensure a reliable supply of clean power for the region.","length":655,"tagName":"p"},{"type":"text","content":"During the event, Mr. Yu outlined GCL Group's international business roadmap and long-term growth plans to Ms. Julita Indah, Vice President of PLN IP, and her delegation. Ms. Julita Indah commended GCL's technical expertise and global leadership in renewable energy and expressed PLN IP's interest in expanding collaboratio...

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GCL GroupIndonesiaclean energyshareholder agreementsenergy transitionEnergy Technologyrenewable energyGCL