Indonesia Reduces Local Content Requirement for Solar Power Projects

Sunday, 11 August 2024, 21:07

Indonesia has officially reduced the minimum local content requirement for solar power plants from 40% to 20%. This strategic change is aimed at attracting more investments in solar energy projects, especially those that meet certain investment criteria. The move is expected to boost the development of renewable energy in the country and facilitate the growth of solar power infrastructure. As the government seeks to enhance sustainability, this decision could play a crucial role in Indonesia's energy transition.
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Indonesia Reduces Local Content Requirement for Solar Power Projects

Indonesia's New Solar Power Policy

Indonesia has recently announced a significant change in its policies regarding solar power plants.

Local Content Requirement Adjustments

  • The minimum local content requirement has been reduced from 40% to 20%.
  • This decision aims to increase investments in solar energy projects.
  • Projects are expected to attract funding if they meet specific criteria.

This move is seen as a pivotal step in promoting renewable energy in Indonesia, which could enhance the country's energy sustainability and reduce reliance on fossil fuels.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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