ADCORP: A Vision for Sustainable Green Energy
ADCORP, recognized as a Sustainable Green Enterprise, has developed an ambitious business plan titled “GREEN ENERGY SOLUTION,” a comprehensive end-to-end photovoltaic (PV) ecosystem aimed at establishing Indonesia as a key player in the global green energy landscape.
The plan integrates five critical industries, forming a robust ecosystem:
ADCORP has secured a vast mining concession and is in the final stages of permitting for a state-of-the-art processing facility. This integrated facility, covering the entire value chain from mining to export, ensures a seamless and cost-effective operation. Key features include:
ADCORP’s PV Glass-grade Silica Sand plays a crucial role in achieving high TKDN compliance, a requirement set by Indonesia’s Ministry of Energy and Mineral Resources and the Ministry of Industry. This alignment strengthens Indonesia’s solar energy industry by fulfilling the demand for locally sourced materials and contributing to the nation’s renewable energy goals.
ADCORP’s refinery facility is designed for scalability, enabling expansion into downstream industries such as PV Glass Manufacturing and Solar Panel Assembly. This integration offers:
ADCORP aims to bridge the significant gap in raw material supply for the photovoltaic glass industry, aligning with Indonesia’s national energy mix strategy. The government’s Electricity Masterplan targets a renewable energy capacity of 32GW by 2030, making a steady supply of PV-grade silica crucial for meeting demand and TKDN regulations.
ADCORP’s GREEN ENERGY SOLUTION represents a commitment to sustainability, innovation, and global leadership in green energy. By leveraging Indonesia’s resources and aligning with international environmental goals, ADCORP positions itself as a driving force in the world’s transition to renewable energy.
This strategic initiative not only supports Indonesia’s green energy ambitions but also reinforces ADCORP’s mission to create sustainable growth and contribute to a cleaner, greener future.
Being the cheapest source of energy, underpinning efforts to reach international energy and climate goals. Over the last decade, the amount of solar PV deployed around the world has increased massively while its costs have declined drastically. Putting the world on a path to reach net zero emission requires solar PV to expand globally on an even greater scale, raising concerns about security of manufacturing supply for achieving such rapid growth rates – but also offering new opportunities for diversification.
Annual solar PV capacity additions need to more than quadruple to 630 gigawatts (GW) by 2030 to be on track with the IEA’s Roadmap to Net Zero Emissions by 2050. Global production capacity for polysilicon, ingots, wafers, cells and modules would need to more than double by 2030 from today’s levels.
With the projected growth in photovoltaics, the demand for glass for the solar industry will far exceed the current supply, and thousands of new float-glass plants will have to be built to meet its needs over the next 20 years. Therefore, the demand for ready-to-use, PV-Glass Grade Silica is on the rise as well. Based on Skyquest’s Solar Photovoltaic Glass Market, the Global Solar Photovoltaic Glass Market size was valued at USD 8.85 billion in 2022 and is poised to grow from USD 11.73 billion in 2023 to USD 111.40 billion by 2031, at a CAGR of 32.5% during the forecast period (2024-2031).
Asia Pacific accounted for the most significant global solar photovoltaic glass market share in 2022, followed by North America and Europe. China, in particular, has emerged as a worldwide leader in solar panel production, driving the demand for specialized glass materials. The scale of production and the ability to cater to domestic and international markets position the Asia-Pacific region as a central hub for solar PV glass manufacturing.
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