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Sawa Energy Inc Signs Multiple Term Sheets to Develop 4 MW of Renewable Power Production in Indonesia.

Monday, 07 May 2012 04:01 PM

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Calgary --  Sawa Energy Inc, a developer of renewable energy biomass and biogas proejcts in Indonesia, is pleased to announce the signing of multiple terms sheets for the development of up to 4 MW of green electricity.  The term sheets, between PT. Califpena Sinambung Daya, PT. Buatan Guna Indonesia and Sawa Energy cover the production of electricity through anaerobic digestion, methane capture and biomass pelletization in West Java and Riau, Sumatera.

“Sawa Energy is responsible for all technical aspects of these projects” Says Phil Rickard, President Director of Sawa Energy.  “We are working with our partners to ensure the project is on time and on budget.  As we continue to expand into the region, we do so through our ability to identify strong partners that share our vision.”

Additional details of the term sheets state that a majority of the electricity produced through these two projects will be sold to PLN, the Indonesian state owned utility, and that the local partners will be responsible for the production and delivery of the feedstock.    

About Sawa Energy Inc

Sawa Energy, a Calgary-based corporation, was established in 2011 to support project development and activities for the operation of renewable energy projects in Indonesia. Sawa Energy engages in renewable power generation through the use of biomass and agricultural by-products. Beyond basic project development, Sawa Energy is committed to producing, marketing and servicing eco-friendly and affordable technologies specifically tailored to the maximization of Indonesia’s biomass waste.

http://www.sawaenergy.com

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