Price of energy storage solar project in Indonesia

4 FAQs about [Price of energy storage solar project in Indonesia]

Will Indonesia deploy 100 GW of solar?

The Indonesian government has revealed a new initiative aiming to deploy 100 GW of solar. The distributed solar for energy self-sufficiency program encompasses 80 GW of solar that will be deployed as 1 MW solar arrays with 4 MWh of accompanying battery energy storage systems (BESS).

What is Indonesia''s solar energy plan?

This initiative comes two months after the Indonesian government ratified a plan to add 42.6GW of renewable energy capacity and 10.3GW of energy storage by 2034. The plan aims to support the country’s state-owned electricity company, for which solar PV will make up the bulk of the renewables, with 17.1GW.

What is Indonesia''s potential for solar energy?

Indonesia’s technical potential for solar ranges from 3,300 GW to 20,000 GW, according to IESR estimates, while the country’s long-term energy policy targets up to 108.7 GW of solar by 2060. If implemented effectively, the program could redefine Indonesia’s energy landscape and serve as a global benchmark for large-scale distributed renewables.

How much does solar PV cost in Indonesia?

The tool calculates an IRR of 16.44%, and a pay-back period of 6 years. IEA estimated that in 2019, Solar PV installations in Indonesia had an LCOE of 80 US$/MWh. This compares with an IRENA estimate of the worldwide average of 60 US$/MWh in 2019, falling to 48 US$/MWh in 2021.

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