Solar power exports to Indonesia

How will a solar power export trend affect Indonesia?

As to how a solar power export trend might affect Indonesia's efforts to achieve the 23 percent target, Elrika Hamdi, an energy analyst with the Institute for Energy Economics and Financial Analysis (IEEFA), said the interesting question was who would get to claim the carbon reduction in joint venture projects.

Is solar PV growing in Indonesia?

Up to now, solar PV growth in Indonesia has been slow compared to various other countries in the region and, to overcome this, Indonesia’s government has set targets to increase solar PV substantially by 2030. 4 The sector, though, will face challenges in producing solar products that can compete with those of other exporting nations.

Will Vena Energy export 400MW solar PV from Indonesia to Singapore?

Image: Vena Energy Vena Energy and Shell Eastern Trading have secured conditional approval from the Energy Market Authority of Singapore (EMA) to export 400MW of solar PV from the Riau Islands in Indonesia to Singapore. The approval is a direct outcome of a collaborative pact inked between Vena Energy and Shell in August 2023.

What is Indonesia's solar energy potential?

Jakarta, July 17, 2024 – Solar energy has become a cornerstone in various roadmaps for Indonesia’s power sector due to its abundant potential. According to an analysis by the Institute for Essential Services Reform (IESR), Indonesia has a solar energy potential of nearly 20,000 GWp, considering land suitability.

Why did Indonesia export 100 MW solar power from Bulan Island?

"The inaugural 100 MW solar power export from Bulan Island is a milestone for Indonesia to provide clean and renewable energy," he said at the Singapore International Energy Week on Monday.

How do Indonesian solar companies compete with China?

One of the biggest challenges is how to compete with the cost of products from China. The cost of solar production declines significantly with the volume produced and, to be competitive, Indonesian manufacturers would need to meet a minimum of around 3 GWp to 7 GWp per year to bring production costs down to around $0.24 per Wp (Exhibit 5).