Indonesia’s new feed-in tariff spurs solar projects in isolated regions

Facebook
Twitter
LinkedIn
Reddit
Email

Indonesia is planning a new feed-in tariff (FiT) as high as US$0.25 per kilowatt hour applicable for 20 years, the country's Finance Minister Agus Martowardojo has announced.

The government said the FiT was intended to promote the construction of new solar facilities in remote areas of Indonesia, such as on Flores Island in East Nusa Tenggara and few regions in Papua, reports the Jakarta Globe.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The government will retain its competitive bidding process for new solar power facilities, so the higher FiT rate may not be applicable to bid winners.

But Martowardojo said: “Should the investors decide to use more locally made components, then the price would be higher.”

State owned energy regulator PLN will purchase the electricity generated from facilities receiving the FiT.
 

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 10, 2024
Dallas, Texas USA
Solar Media Events
April 17, 2024
Lisbon, Portugal
Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Napa, USA