Indonesia

Japanese trading firm Itochu has revealed plans to install 507 kW solar on the roof of a new mall in Jakarta, Indonesia. 

Governments of cash-strapped developing nations should start exploring a range of innovative financing solutions to support the development of environment-focused infrastructure projects such as financially bankable solar installations, the Asian Development Bank (ADB) says in a new report.

The island of Bali could produce as much as 115,371.9 GWh of electricity per year — far above its projected requirement of just 4,992.7 GWh per year by 2019 — and solar offers the greatest potential for future development, according to a new report by the Asian Development Bank (ADB).

A unit of Goldman Sachs and funds under Tennenbaum Capital Partners have jointly acquired Conergy Asia & ME and its subsidiaries from Kawa Solar Holdings.

A 60 MW solar PV plant in the city of Toledo, the largest solar project to be financially underpinned by the Development Bank of the Philippines, has begun dispatching electricity to the grid.

The expansion of the Asian solar market in the first quarter of 2017 was broadly similar to the growth seen in the first quarter of last year, although most countries in the region have yet to reveal official installation statistics for the January-March period, the Asian Photovoltaic Industry Association (APVIA) said in a new report.

A 1.2 MW hybrid plant is currently under development in a remote area of Indonesia aiming to provide 24-hours access to electricity for about 400 households in three villages. The project will be owned by the local community, offering a model for the development of solar PV in the country.

Indonesia recently brought in a new renewable energy law that changes the remuneration tariffs for renewable energy projects, including solar PV systems. Furthermore, the country’s state-owned utility recently signed agreements for new photovoltaic capacity.

State-owned utility PT PLN (Persero) signed agreements with six developers in late March to build PV projects throughout the Southeast Asian nation.