The development lender has followed up a $600 million loan for distribution infrastructure in eastern Indonesia with a $430 million credit line for installations in India.
Abu Dhabi-based renewable energy group Masdar is sailing into the Southeast Asian solar market with Indonesia’s first floating solar project. The petro-state owned developer says the facility will be the largest in the region.
A presidential decree has enacted a range of incentives for e-mobility roll-out with domestic content requirements increasing over time.
Two projects have been deployed by Canopy Power on private islands in Indonesia. The two 52.5 kW/77 kWh mini-grids were the only alternative to diesel generators due to the lack of a connection with the grid on the island of Batam. The projects – which rely on REC Solar modules, SMA inverters and a storage system from Tesvolt – provide around half of the energy required on their respective islands.
The government was forced to hold a tender for the 200 MW Cirata Dam scheme after originally awarding the deal to UAE developer Masdar. With August 19 named as the date to announce the auction results, nobody is any the wiser as yet.
The nation’s roofs could host up to 655 GWp of solar generation capacity a recent solar mapping exercise found. But a wider understanding of the benefits of solar, combined with incentives, would be required to unlock a potentially transformative energy development.
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
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.
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