Indonesia

ADB invests $155 million in Thai green bonds

The bank continues its involvement in Thailands largest IPP B.Grimm, which is set to grow its renewable energy portfolio. According to ADB, the green bond proceeds will go to nine operational solar PV plants with a cumulative rating of 67.7 MW, and 30.8 MW that are currently still under construction.

Indonesia introduces net metering

With a new decree, the Indonesian Ministry of Energy and Mineral Resources has enabled the owners of residential, commercial and industrial rooftop PV systems to sell excess power to the grid. The government hopes the new provisions will result in around 1 GW of deployed PV capacity over the next three years. Doubts, however, have been raised about the attractiveness of the scheme.

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IRENA and southeast Asian nations pledge action on PV

The International Renewable Energy Agency wants to unlock the PV potential of the Asia-Pacific region with technical and planning support. It says a better flow of knowledge is needed to close the gap on a regional aim of generating 23% of energy from renewables by 2025.

Micro and mini-grids to bring power to Indonesia’s off-grid communities

The government wants to help the provinces of eastern Indonesia – in particular Papua, which has the lowest electrification rate in the country. Policymakers are in talks with the Asian Development Bank and seeking advice for implementation.

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Saudi’s Zahid takes major stake in German PV company Greencells

The Zahid Group has invested an undisclosed amount in Germany-based Greencells. A key focus for the latter will now be hybrid systems in the APAC and African regions. An update on the 1.2 GW Sweihan solar project in Abu Dhabi was also given.

Indonesia inaugurates its first three solar plus storage mini-grids

Indonesia has reached a milestone, having inaugurated its first three solar+storage mini-grids, thus enabling three remote villages to enjoy uninterrupted, off-grid access to electricity for the entire day.

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ADB finances its first utility-scale PV plant in $160 million deal

Asia’s largest IPP receives funds to develop renewable energy assets in line with Indonesia’s plans to increase renewable generation to 23% by 2025. The ADB’s support for PV at this scale is novel and could help overcome financing gaps that have hindered PV development in emerging nations

The unstoppable tide of solar illustrated by the rise of floating projects

Price deflation and technological innovation are helping solar transform the global electricity sector. A new report by IEEFA highlights the latest solar milestones around the world and charts important trends including the rise of floating solar and the corporate PPAs helping the tech giants ‘green’ their energy-hungry data centres.

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Renewables to drive economic growth in SE Asia — IRENA

The 10 members of the Association of Southeast Asian Nations (ASEAN) are on track to make solar and other renewables account for 23% of the region’s total primary energy supply (TPES) by 2025, but governments will need to create better policy and investment frameworks to make it happen, according to the International Renewable Energy Agency (IRENA).

Akuo Energy to build 50 MW PV farm in Indonesia

France’s Akuo Energy has achieved a milestone in the development of a 50 MW solar PV plant in Bali, Indonesia. pv magazine explores how the project fits in with the country’s new renewable energy law.

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