Indonesian state utility company, Perusahaan Listrik Negara (PLN), has announced its intention to secure a $700 million investment for the installation of a 200-megawatt (MW) solar panel system. This initiative aims to replace diesel power generators, ultimately contributing to the reduction of carbon emissions. PLN has set a target to achieve net-zero carbon emissions by 2060 and plans to install a total of 4.68 gigawatts (GW) of solar panels between 2021 and 2030.
Evy Haryadi, the director of PLN, stated that the 200 MW solar panel project represents the initial phase of a broader plan to replace 1 GW of diesel power plants with solar power. However, specific details regarding the timeline for this initial phase were not provided.
See also: Indonesia and Saudi Arabia Discuss Investment Opportunities in Renewable Energy
In support of Indonesia's transition to cleaner energy sources, a coalition of countries has pledged $20 billion in public and private financing through the Just Energy Transition Partnership (JETP). The JETP aims to facilitate Indonesia's shift towards sustainable energy and intends to finalize a comprehensive plan for the allocation of JETP funds by August. PLN's plan to replace diesel power with renewables will serve as a pilot program within the JETP initiative.
By embracing solar energy and reducing reliance on diesel power, Indonesia is taking significant steps towards a more sustainable future. The investment in the 200 MW solar panel project demonstrates the country's commitment to combatting climate change and achieving long-term environmental goals.