Geothermal power generation
In the Sarulla region of North Sumatra, Indonesia, we are developing one of the world's largest geothermal power projects (net capacity of 320.8 MW at three units) through Sarulla Operations Ltd. (SOL), which was jointly established by ITOCHU Corporation, Kyushu Electric Power Co., Inc., INPEX Corporation, PT Medco Power Indonesia (of Indonesia), and Ormat Technologies, Inc. (of the United States).
SOL began construction of the project after signing a 30-year power purchase agreement with Indonesia's state-owned electricity company in 2013. The first and second units were completed and began commercial operation in 2017, followed by the third unit in 2018.
As home to one of the world’s largest geothermal reserves, Indonesia stands out. The Indonesian government is aggressively promoting the development of these reserves as a strategic source of electricity.
Amid growing global demand for infrastructure, ITOCHU is committed to contributing to the economic development of emerging countries by promoting investment in outstanding projects and pursuing businesses that are friendly to the environment and local communities.