PT PLN Indonesia Power has partnered with DevvStream Corp to manage and monetize carbon credits from its solar energy portfolio. The agreement covers an initial group of 45 solar power plants, with DevvStream handling the validation, certification, and sale of the resulting environmental assets. This revenue sharing model allows PLN Indonesia Power to generate additional income from its renewable assets without requiring upfront infrastructure investment from the partner. The move supports Indonesia's broader goal of expanding solar capacity to 100 GW to meet national decarbonization targets.
