Company Establishment of PT AWINA RIKUDENKO SOLAR ENGINEERING INDONESIA (ARISE)
PRESS RELEASE
Jakarta – April 7, 2023 ― PT AWINA RIKUDENKO SOLAR ENGINEERING INDONESIA (Abbreviation: ARISE) was officially established on April 7, 2023.
ARISE is the first overseas subsidiary of Hokuriku Electrical Construction Co., Ltd. (HOKURIKU DENKO), a Japanese company with almost eight decades of expertise in the electrical construction industry.
HOKURIKU DENKO entered the Indonesian market not only because it is the largest economy in Southeast Asia and the fourth most populous country in the world with rapidly growing energy needs, but also due to the Indonesian government’s policy to develop up to 200 gigawatts of renewable energy—equivalent to 50% of its total energy mix.
ARISE is fully committed to supporting Indonesia’s renewable energy policy and will contribute to the Republic of Indonesia’s 2060 Net Zero Emissions target through its solar power equipment leasing business.
ARISE Company Profile
| Company Name | : | PT AWINA RIKUDENKO SOLAR ENGINEERING INDONESIA (ARISE) |
| Date of Establishment | : | April 7, 2023 |
| Company Address | : |
SME Tower 16F, Jl. Jend Gatot Subroto Kav. 94, Pancoran, South Jakarta, 12780 |
| Capital Stock | : | IDR 10 Billion |
| Shareholders | : | HOKURIKU DENKO 70%, AWINA 15%, AAI 15% |
| Business Line | : | Leasing of Solar Power Plant Equipment |
| Board of Directors | : | Sasaki Akito (President Director), Kita Katsuhiko (Director), Ananda Setiyo Ivannanto (Director) |
| Board of Commissioner | : | Yamazaki Isashi (President Commissioner), Ono Takahito (Commissioner) |
ARISE Logo
The name “ARISE” embodies the spirit of rising and forward momentum. With this philosophy, ARISE is dedicated to maximizing and leveraging solutions and resources in the field of solar power to contribute realizing the renewable energy vision of the Republic of Indonesia.
ARISE’s commitment is captured in the tagline: “YOU CAN COUNT ON US.” True to these words, ARISE will continue to support the growth and advancement of solar energy in Indonesia.
