# Yude Solar and SEDAYUSolar Form Strategic Joint Venture to Develop Solar Projects in Indonesia

- Link: https://www.thailand-business-news.com/pr-news/yude-solar-and-sedayusolar-form-strategic-joint-venture-to-develop-solar-projects-in-indonesia
- Published: 2026-10-12T09:30:00+07:00
- Author: PR Newswire

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JAKARTA, Indonesia, Oct. 12, 2026 /PRNewswire/ — Yude Solar Technologies ("Yude 
Solar"), a subsidiary of GoodWe Group, and PT Selaras Daya Utama ("SEDAYUSolar"),
an established Indonesian solar engineering, procurement and construction (EPC) 
company, announced on October 6 a strategic joint venture to develop, invest in,
build and operate commercial and industrial (C&I) and utility-scale solar projects
across Indonesia.

[⌊Bryan Bao, Chief Executive Officer of Yude Solar (left), and Fendi Liem, Founder&
CEO of SEDAYU Solar (right), mark the strategic partnership between Yude Solar and
SEDAYU Solar.⌉⌊Bryan Bao, Chief Executive Officer of Yude Solar (left), and Fendi
Liem, Founder & CEO of SEDAYU Solar (right), mark the strategic partnership between
Yude Solar and SEDAYU Solar.⌉[
Bryan Bao, Chief Executive Officer of Yude Solar (
left), and Fendi Liem, Founder & CEO of SEDAYU Solar (right), mark the strategic
partnership between Yude Solar and SEDAYU Solar.

The partnership combines Yude Solar’s international project development, investment
and technology capabilities with SEDAYUSolar’s local EPC experience and market expertise.
Together, the companies aim to establish an integrated platform covering the solar
project lifecycle—from development and financing through engineering, construction
and long-term operation.

**Businesses and energy-sector partners interested in exploring solar development
and investment opportunities in Indonesia can learn more at**[**www.yudesolar.com**](http://www.yudesolar.com/)**.**

**Combining Global Scale with Local Expertise**

The joint venture will focus on C&I rooftop solar, ground-mounted systems and larger
utility-scale projects across Indonesia. The partners will also explore the integration
of battery energy storage systems (BESS) where appropriate to improve renewable 
energy utilization and strengthen energy resilience.

Yude Solar has developed and commissioned more than 3 GW of residential and C&I 
solar projects, while SEDAYUSolar, established in 2009, has delivered more than 
250 solar projects across Indonesia.

By combining Yude Solar’s development, investment and technology capabilities with
SEDAYUSolar’s local engineering and execution experience, the joint venture aims
to create a scalable platform connecting project development, capital, technology,
EPC execution and long-term operations.

**Executive Perspectives**

"This partnership represents an important step in Yude Solar’s international development,"
said Bryan Bao, Chief Executive Officer of Yude Solar. "By combining our project
development, investment and technology capabilities with SEDAYUSolar’s strong local
expertise and execution experience, we aim to build a long-term platform that can
support the development of high-quality solar projects across Indonesia."

"For more than 17 years, SEDAYU has been committed to developing reliable and sustainable
solar energy solutions for Indonesia," said Fendi Liem, Founder & CEO of SEDAYUSolar."
Our partnership with Yude Solar brings together local knowledge and execution capabilities
with investment, technology and international project development experience. We
believe this collaboration can create long-term value for customers and partners
across Indonesia."

"Indonesia is a strategic renewable energy market for Yude Solar and an important
part of our long-term expansion in Southeast Asia," said Milan Koev, General Manager
Southeast Asia of Yude Solar. "Our objective is not simply to build individual projects,
but to establish a sustainable platform capable of developing, financing, constructing
and operating a portfolio of C&I and utility-scale solar assets."

**About Yude Solar**

Yude Solar Technologies, a subsidiary of GoodWe Group, was established in 2021 and
is one of China’s leading rooftop solar developers. The company operates across 
more than 20 provinces in China and has developed and commissioned more than 3 GW
of residential and C&I solar projects. Yude Solar is expanding across Southeast 
Asia through solar project development, investment, energy storage and smart energy
solutions.

For more information, please visit [www.yudesolar.com](http://www.yudesolar.com/).

**About SEDAYUSolar**

PT Selaras Daya Utama (SEDAYUSolar) is an Indonesian renewable energy EPC company
established in 2009. The company has delivered more than 250 solar projects across
Indonesia, with experience spanning C&I rooftop solar, utility projects, off-grid
and hybrid power systems.

For more information, please visit [www.sedayu.com](http://www.sedayu.com/).

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