TCL Solar, PT API Sign MOU to Form Three-Party Consortium for Indonesian New Energy Bids
TCL Solar has signed a strategic cooperation memorandum of understanding with PT Ares Perkasa Indonesia (PT API), a local Indonesian energy company. Under the memorandum, the two parties will coordinate with Danantara Indonesia, Indonesia's national sovereign investment institution, to form a three-party consortium to jointly participate in the competitive bidding and development of large-scale new energy projects in the country.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Wind & Solar Power, with intensity 50/100 and 60% confidence over a medium term horizon.
Wind & Solar Power
- Direction
- positive
- Intensity
- 50
- Confidence
- 60%
- Horizon
- Medium term
Wind & Solar Equipment
- Direction
- positive
- Intensity
- 50
- Confidence
- 60%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.