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Indonesia

Regional strategy to turbocharge Indonesian solar

A roadmap to rapid carbon emission reduction has suggested the nation add 2.4 GW of generation capacity next year as part of a 15 GW new-solar target this decade. The claims of solar-plus-storage should be ignored for now, according to a new policy document, because batteries will make PV less competitive with coal.

Corporate renewable PPAs are on the rise in Asia Pacific, says WoodMac

Corporate power purchase agreements are the second most adopted purchasing method in the world, and they’re growing fast. With the U.S. and Europe picking up the pace in the last year, the Asia Pacific is not going to be left behind, with Wood Mackenzie estimating corporate PPAs in the region doubled in the last year.

Work begins on 145 MW floating solar plant in Indonesia

South-East Asia’s biggest floating PV installation is under construction by Masdar and Indonesian energy company PT PJB. The two companies secured a PPA for the project with state electricity company Perusahaan Listrik Negara (PLN) in January 2020. The agreed tariff is US$0.0581/kWh.

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Sunday read: Indonesia’s coal exit plan

Indonesia, the second-biggest coal exporter in the world, is now taking more steps to reduce its dependency on “black gold” as it starts to consider clean energy.

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Saturday read: Southeast Asia’s big PV plans – 27 GW by 2025

PV markets in Southeast Asia have picked up over the past two years, driven by the astounding growth of Vietnam. Regional policies, combined with growing demand for renewable power in the manufacturing industry, will result in 27 GW of new PV installations across the region over the next five years, writes IHS Markit analyst Dharmendra Kumar. PV installations in these countries are driven by attractive feed-in tariffs, net energy metering, tariff-based auction mechanisms, and other incentives.

Sunseap announces 2.2 GW floating PV project at Indonesian water reservoir

If built, the project would be the world’s largest floating PV power plant and would reach the same capacity as the largest ground-mounted facility currently in operation.

Saturday read: Southeast Asian solar markets emerging from the back of the pack

Southeast Asia could well become the global engine room of renewable energy expansion. Population and economic growth is expected across the three decades in which the world has to decarbonise, but the brimming bounty of renewables deployment will force developers to navigate the region’s systems. As it turns out, that could be a treacherous task.

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China to add 619 GW of solar this decade

Indonesia will catch the eye too over the next nine years, according to Wood Mackenzie analysts, as its market grows from 300 MW to 8.5 GW.

Saturday read: Five trends to watch in Southeast Asia

Minh K Le, senior renewables analyst at Rystad Energy, examines five key trends to watch in Southeast Asia utility-scale solar, as mega-scale projects ramp up, Indonesia emerges, and Vietnam steps back.

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Indonesia-focused oil company enters Australia’s green hydrogen space, investors applaud

Indonesia-focused oil company, Lion Energy, today announced it had raised $2.8 million to explore opportunities in green hydrogen in Australia and Indonesia.

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