Offers you an end to end Solar PV solution..
Offers you an end to end Solar PV solution..
Everyday, Indonesia has exposure to sun, which can be converted into energy as part of development agenda in the country. Our interest in solar power development in the country is due to the fact that still millions population in the country do not have access to the affordable electricity whereby solar power still has limited usage in the region with unlimited sun radiation throughout the year. We can understand that electricity is a means to alleviate them out from poverty in a way of empowering their lives.
Our inception into the industry can be traced back in 2011 when one of the founders were deeply involved in the research and advisory service for the industry, while the other founders were deeply involved in commercial and corporate finance. With these combined expertise, our presence was institutionalized through establishment of legal entity, P.T. Asco Prima Surya (ASCO), in 2015 by professionals with international exposure of operating large and complex engineering projects as well as sophisticated financial structuring.
Renewable Energy Movement
With the limited presence of renewable energy in Indonesia, we play key roles in educating the stakeholders. The idea of founding ASCO is to lead the movement of renewable energy in Indonesia to extend the economic and social progress. The movement reflects illumination of ideas and innovation in the untapped renewable energy sector.
We deliver effective energy solution by leveraging technology advancement in solar power generation and providing know-how so that it will provide certain degree of comfort and proven reliability to support competitive advantage creation for the customers. Our dynamic team has international exposure and understanding of local context to create value added to the businesses. We thrive to realize ideas into tangible results for sustainable business operation.
Kukuh has more than 10 years of exposure in engineering and management consultancy. Kukuh spent early part of his career as engineer by being part of supply chain management team in Unilever and business development team in Cisco Systems both in the U.S. and Indonesia. As a consultant, Kukuh acted as Policy Analyst providing advisory service to the various ministries, SoEs, and private sectors managing multi-industries (e.g., logistic, plantations, and energy). Through these exposures, Kukuh has acquired specialization in executing large and complex process and project management, policy analysis, strategic planning, and corporate finance. Kukuh is responsible in shaping strategic direction and in charge of establishing corporate functions in ASCO. Kukuh holds a Master of Science in Engineering and Policy Analysis degree from the Technische Universiteit Delft, the Netherlands, a Master in Numerical Economics and Network Industries degree from Universite Paris XI, France, and Bachelor of Electrical Engineering degree from Universitas Indonesia, Indonesia.
Ashadi has more than 10 years of experience in the energy industry, both upstream and downstream. His main expertise is particularly around the engineering and field operational. He started his career as a field engineer with Schlumberger, the biggest oilfield services company in the world, worked both in Indonesia and overseas. Thereafter, he moved to downstream industry while pursuing his further study in clean and renewable energy. In this case, he has been applying his expertise on the renewable energy by managing geothermal portfolio in Indonesia during his time with Chevron. He is responsible mainly on the operational and engineering part of the company. With his rich experience along the value chain in energy industry, Ashadi plays important roles in establishing operational excellence, directing technology innovation, and developing a presence in the renewable energy value chain for ASCO. Ashadi holds a Master Degree in Energy & Power Management and Bachelor of Electrical Engineering, both from Universitas Indonesia, Indonesia.
Harry has more than 15 years of experience in the capital markets, managing equity and fixed income distribution, investment banking and brokerage operations divisions. He was previously the Managing Director of Lippo Securities and also the Managing Director of an investment arm of Republic of Indonesia, Danareksa. He provide guidance to the company to ensure the long-term business sustainability through establishment of customer base and securing long financial commitment. His insights on the value chain development of our renewable energy business has been valuable in balancing the nature of ASCO as start-up operation and the necessity to maintain discipline as character of energy industry. Harry holds a Master of Business Administration degree from the United States International University, San Diego, California. He holds an investment and trading license issued by the Capital Market Supervisory Body, Ministry of Finance, Republic of Indonesia.
ASCO is a company in the early stage pushing extra efforts to put footprints of solar power development in Indonesia with unique business model. Our medium term goal can be summarized into a statement below
“Become emerging leading player in innovative business model development for the renewable energy sector”
We are aiming to grow our businesses while assisting our clients in reducing carbon footprint and managing electricity cost for sustainable business operation. Internally, we constantly look into our value chain to monitor the consistency of our sustainable operation.
The Indonesia macro story has been providing foundation for our operating environment. We want our service can contribute to the quality of life and advancement for society across Indonesia, from Aceh to Papua.
In the growing market of renewable energy in Indonesia, ASCO is leading the way to show how solar energy can save electricity bill and the future of our beloved planet at the same time. With high dedication to implement green technology for more than just economic reasons, ASCO is the right partner to go to the right direction for a better future
Our practice in establishing a significant portion of electricity from solar power is part of national movement to have more renewable energy in the current national energy mix. The energy diversification can be considered as the country‘s effort to have energy self-sufficiency.
Job Creation for Skilled Workers
In the next decade, demographic dividend for Indonesia will not only come in the form of population quantity, but also their quality by having at least 10% of total workforces will be considered skilled and knowledge workers. Solar energy as part of renewable energy industry will play important role in creating workforce demand.
Our movement to instill solar power as common source of energy will bring further investment in the manufacturing and even research and development in the industry for the medium to long run. The size matters and Indonesia must have economies of scale in the next five years.
Access to affordable electricity must be experienced by everyone living in Indonesia. Solar power will not only empower lives across nation, but also enlightening them with better quality of life.
Indonesia as resources-based economy cannot have sustained economic development without looking beyond of what we currently have. Current technology of solar power has enabled us to harness abundant sun radiation in the country to gradually reduce our dependence on fossil fuel power.
Indonesia‘s energy demand is forecast to increase from 220 Mtoe in 2014 to 418 Mtoe by 2035, or an average growth of 3% per year. The positive long-term outlook for Indonesia‘s economy, growing population and increase in urbanization will translate to higher energy consumption across all sectors. Renewable energy still has minor presence in the national energy mix. However, with the current regulatory regime, the industry will play key roles in shaping the energy sector.
ASCO is currently leading the renewable energy movement by establishing significant penetration of solar power in Indonesia. Our expectation is to make our customers in control with the electricity cost that will affect country competitiveness. Furthermore, the movement will enlighten the stakeholders that the country needs the industry to produce new source of sustainable economic and social growth through job creation, industrialization, poverty alleviation, and environment conservation.
The prototype of solar energy system has been done and proven to be reliable and have seamless integration with the existing grid with commercially viability of having acceptable investment return and payback.
We are rolling out the movement of solar power development in the market and we believe that we are on the right track.
Industrial segment is our focus as we aim to assist the segment in reducing the utility cost, which will low down the cost of sales. We expect to initiate the project in Cikarang manufacturing plant as our landmark in the industry.
ASCO designs solar energy system for clients using tier-1 brands for reliability, operability, and seamless integration with the existing electricity grid. Factors taken into consideration in the engineering design process include demand for energy, proven solar feed availability, space availability, and funding requirement.
In conducting the assessment, ASCO uses tools, such as Meteonorm and PVSyst. Using Meteonorm, we can find irradiation data for every place on earth since 1991. Irradiation data includes global radiation, ambient air temperature, humidity, precipitation, days with precipitation, wind speed, wind direction, and sunshine duration. Whilst, PVSyst is used to design the engineering aspect and simulate the expected results. With the inputs of variables, e.g., solar radiation and demand characteristic, PVSyst Output depicts the simulated view of solar power design, including number of solar panel required, area, and potential losses.
Stakeholders will also play important roles in shaping the design from the commercial standpoint. In this case, the multi-criteria decision making will be based on various perspectives on technical, economic, and others.
Although solar energy system, especially the panel, is considered as commoditized products, the equipment is still need to be imported from abroad, which will make the procurement skill is necessary for smooth execution. ASCO has been practicing a framework to streamline and standardize project and process management to achieve expected deliverables at certain quality, time, and budget with smooth transitioning towards operationalization, which we call it APDEP (ASCO Project Development and Execution Process).
Post-project implementation, ASCO will manage the energy assets to ensure the performance is in line with the engineering specification to achieve optimum investment return for clients. As a verification tool on the asset performance, we use SolarGIS to monitor that the performance is in accordance with the operating environment and for early fault detection to deliver full reliability.
We understand that financial sometimes become the barrier and therefore ASCO also offers financing support as part of its end-to-end solution.
With the emerging of IoT in Asia’s market, ASCO is proud to be one of the companies who are already implementing cloud based technology to manage our renewable energy assets. We are making the most of the internet to simulate and evaluate the best solution for every projects.
To reach our ambition to establish significant footprint in Indonesia, our team has growth mindsets, willingness to share, and good spirit for collaboration, which will drive personal and team performance. A career in ASCO will be an enchanting and vibrant journey whereby the operating environment can be described below.
- Vibrant working environment ala startup venture in an emerging energy business segment in a country promising growth trajectory.
- Direct experience and exposure to energy market with emphasis on renewable energy business.
- Opportunity for continuous learning in the areas of technology, project finance, commercialization of new ventures, operational excellence, and organization development.
- Collaboration among diverse team members who have multidisciplinary background with relentless efforts to solve wicked and multifaceted problems.
- Grow along with the company and going through non-traditional career path.