Indonesia's Institute for Essential Services Reform (IESR) announced on October 21 that the country’s installed solar power capacity has surpassed 700 MW. However, further acceleration is needed to meet global climate targets.
Indonesia’s installed solar power capacity reached 717.71 MW as of August 2024. (Illustrative photo: VNA)
Jakarta (VNA)ꦫ – Indonesia's Institute for Essential Services Reform (IESR) announced on October 21 that the country’s installed solar power capacity has surpassed 700 MW. However, further acceleration is needed to meet global climate targets.
As of August 2024, Indonesia’s installed solar power capacity reached 717.71 MW. The Cirata solar power project, installed in November 2023, had to nearly triple its capacity to 145 MW to meet demand.
Indonesia currently has around 17 GW of solar power under development, with state utility PLN planning to add 3.2 GW by 2030. Offshore solar energy development is also being prioritised to address electricity transmission challenges in remote areas. Floating solar panels are seen as more efficient, helping reduce evaporation and maintain water levels for irrigation.
Solar power installation costs have decreased by 19% over the past five years, mainly due to cheaper photovoltaic modules. PLN is working with affiliates to further reduce prices, and Indonesia encourages household-scale solar development to promote green energy products. In 2024, the Indonesian Government allocated 112 million USD for solar energy transmission projects.
Additionally, Indonesia sees solar development as an opportunity to export green energy, particularly to Singapore. With limited land for renewable energy, Singapore depends on cross-border energy from countries like Indonesia and Malaysia.
Recently, Vena Energy and Shell Eastern Trading signed an agreement to export 400 MW of solar power from Indonesia’s Riau Islands to Singapore./.
Indonesian President Prabowo Subianto on October 21 asked Social Affairs Minister Saifullah Yusuf to verify and validate the data of beneficiaries receiving government social assistance, ensuring that aid is directed to the rightful recipients.
Indonesia’s National Food Agency (Bapanas) and state-owned food holding ID Food have distributed 8.4 million food aid packages to 1.44 million children in seven provinces to eradicate stunting, reported the national news agency Antara.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.