Yinson enters Indonesia's renewables market via Inecosolar aquisition

Yinson Renewables Vice President Business Development Marius Kleiven (left) and Inecosolar Founder and Director Benoît Prim (right) at the signing of the agreement.

KUALA LUMPUR: Yinson Holdings Bhd's renewables division, Yinson Renewables, has entered the Indonesian market via the acquisition of a majority stake in solar company PT Ineco Solar Solutions (Inecosolar).

It said in a statement Inecosolar is a well-established solar system provider in Indonesia with a track record delivering residential and commercial rooftop solar systems.