Indonesia's large floating photovoltaic will sell electricity at $0.0368/kWh

    The Indonesian economy has experienced impressive growth in the past two decades, and its energy demand has also doubled. Although Indonesia has a strong demand for more Soler Power System power generation capacity, the domestic power structure is still dominated by thermal power plants, and the speed of connecting new power plants using renewable energy to the grid is very slow. Taking solar energy as an example, according to the report "Indonesia's 2021 Energy Transition Outlook" issued by the Indonesian Institute of Basic Services Reform (IESR), the cumulative photovoltaic power generation as of the end of September this year only reached 181.2 MW.

    The installed solar capacity comes from 30.4 MW of rooftop photovoltaic, 61 MW of ground-based photovoltaic power plants and 82 MW of off-grid solar generators. The newly-added solar installed capacity in the first nine months of 2020 is 28.8 MW, of which 15 MW are two utility-level projects linked to the PPA signed in 2017, and 13.7 MW is a rooftop installation. In contrast, Indonesia increased the installed capacity of photovoltaic systems by approximately 46.2 MW in 2019, and only 14 MW in 2018.

    The author of the report emphasizes that solar energy is currently the second fastest growing renewable energy in the country, second only to hydropower. However, solar energy is far behind the intermediate level of “800 MW in 2020” set for photovoltaic technology in the National Energy Master Plan (RUEN). the goal.

    RUEN has also set another intermediate target for the solar industry to reach 6.5 GW by 2025. IESR experts believe that if a series of projects and measures announced by Indonesian authorities begin to take shape and be implemented, the first of these two goals is expected to be finally achieved.