DevvStream has signed an exclusive agreement with PT PLN Indonesia Power to manage carbon credits from a portfolio of 45 solar power plants. The partnership covers the entire lifecycle of these environmental assets, including validation, certification, and liquidation, with revenues shared between the two companies. This move aligns with Indonesia's goal of adding 100 GW of solar capacity to its energy mix. By converting verifiable emissions reductions into monetizable assets, the agreement aims to support the utility's long term decarbonization goals without requiring upfront infrastructure capital from DevvStream.
