Indonesia is about to launch a tender for 150 MW of new solar photovoltaic (PV) energy. The tender is expected to be issued next month, leading to the installation of at least 150 MW of new PV plants in the sun-drenched country. The tender will last for two months.
Indonesia’s Energy and Mineral Resources Ministry (ESDM) is also planning a substantial new feed-in tariff (FiT). The new FiT will reportedly be up to $0.25 per kWh, and they will be applicable for 20 years.
Indonesia’s renewable energy growth is coming along at a decent pace. Just last year the country announced its goal of adding 4,000 to 5,000 MW of new geothermal energy capacity by 2015, and its eventual goal of 10,000 MW of geothermal capacity by 2025.