What is the local content of solar energy projects in Indonesia?
According to MEMR Decree No 5/, the local content for energy projects in Indonesia was a minimum of 40% in and will be gradually increased up to 60% in . Due to the relatively small scale of solar manufacturing in Indonesia, it is unlikely that local production can be competitive against international prices.
How much does a solar power plant cost in Indonesia?
installed in Indonesia with capital cost ranges from - USD/kW. This is close to the average investment cost in Europe, but higher compared to the average cost in North and South America, Africa (up to USD/kW) and China and India (around USD/ kW).
Where is the best place to get solar energy in Indonesia?
On average Indonesia receives between kWh and kWh per m2 of annual solar energy on a horizontal surface (Global Horizontal Irradiance, GHI). Java, Sulawesi, Bali, and East and West Nusa Tenggara are the best locations for solar PV, while Kalimantan, Sumatra and Papua are less good.
Can solar energy be a strategy to meet Indonesia's energy goals?
Solar energy can be a strategy to meet this target,” said Deon Arinaldo, Program Manager of Energy System Transformation, at the launch of the Indonesia Solar Energy Outlook study report – Breaking the Walls: The Future of Indonesia’s Solar Energy and Energy Storage Innovations (15/10/).
Why do energy projects cost more in Indonesia?
The local content requirement for energy projects in Indonesia was also reported to be one of the factors that increase project costs. According to MEMR Decree No 5/, the local content for energy projects in Indonesia was a minimum of 40% in and will be gradually increased up to 60% in .
Does Indonesia have a solar energy future?
Muhammad Dhifan Nabighdazweda, IESR Energy Analyst, based on IESR monitoring in the Indonesia Solar Energy Outlook (ISEO) study, explained that solar energy capacity in Indonesia has also increased but the figure is still very small compared to its potential.
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