TOBA Group has decided not toโข participate in the Danantara waste-to-energy โข(WtE) project in Batam, Indonesia, โฃaccording to a statement released by the โขcompany’s leadershipโฃ on โฃJune 18, 2025. โThe decision comes as TOBA focuses on โexpanding its renewable energy portfolio, specifically floating solar power โฃplants.
The move impacts the planned 130โ MW Danantara WtE facility, intended to process up โto 1,000 tons of waste daily adn generate electricity for the Riauโค Islands province.TOBA’s withdrawalโข underscores a strategic shift towardsโ solar energy investments, including theโ Tembesi Batam Floating PLTS, a 46 MWp project โฃcurrently under construction and slated for completion by mid-2026. This decision reflects a broader trend of energy companiesโ prioritizing renewable โsources and perhaps reassessing waste-to-energy ventures.
TOBA Group’s leadership has not disclosed specific reasons for declining involvement โคin the Danantara project, but emphasized the company’s commitment to its existing and planned floating solar initiatives. The company has been operating since early 2025.