Indonesia's national solar programme can pull in up to US$14.4b in investment: report

Jakarta is targeting to achieve 23 per cent in renewable energy by 2025; for now, the country's power supply is still heavily dependent on coal-fired power plants

Published Fri, Sep 10, 2021 · 05:50 AM

Indonesia

Jakarta

INDONESIA'S national solar programme has the potential to attract as much as US$14.4 billion in new investments, and help bring the country to its target of achieving 23 per cent in renewable energy by 2025, a new report has stated.

The study, titled Scaling Up Solar In Indonesia: Reform And Opportunity, was produced by Bloomberg New Energy Finance (NEF) and the Jakarta-based Institute for Essential Services Reform (IESR), and supported by Bloomberg Philanthropies.