A unit of Indonesian power utility Perusahaan Listrik Negara (PLN) on Tuesday agreed with UAE-based company Abu Dhabi Future Energy Company (Masdar) to develop what they said could become the world’s largest floating photovoltaic plant. Masdar and PLN unit PT Pembangkitan Jawa Bali (PJB) will build a 200-megawatt floating photovoltaic (PV) power plant in Cirata dam, owned by PJB, in West Java, at a cost of USD300mn. PJB CEO Iwan Agung Firstantara said the project, which would occupy about 225 hectares of the Cirata hydroelectric plant reservoir, “will accelerate renewable energy development in Indonesia.” The two companies aim to complete the first 50MW of the project in 2Q19, with the remaining 150MW targeted for early 2020. The pair completed a feasibility and grid interconnectivity study in September and aim to finalise a power purchase agreement with PLN before year end.