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Indonesia

Taiwan Plans Renewable Energy Investments In Indonesia

written by saurabh

Taiwanese investors may soon set up renewable energy projects in Indonesia.

A delegation of investors from Taiwan recently met the officials of the Indonesian Chamber of Commerce and Industry and the Indonesian government to discuss an investment plan in the renewable energy sector. Taiwan Vice Minister of Economic Affairs Wei-Fuu Yang said that investors from his country are planning to invest in solar power and biogas sectors in Indonesia.

Over the last few months the government has taken several measures to promote investment in the renewable energy sector, including the implementation of a single-window approval system.

Indonesia plans to boost the share of renewable energy sources in the total energy mix to 19% by 2019 and to 25% by 2025, up from its current share of renewable energy sources of between 5% and 6%.

Indonesia recently announced feed-in tariffs for solar PV power projects in the range of US¢14.5/kWh and US¢25.0/kWh. The tariff vary from region to region. Java and Sumatra have been assigned the lowest tariff of less than US¢20.0/kWh but the levellised cost of energy is even lower at around US¢8.8/kWh.

10/31/2016 0 comment

Renewable Energy

Upto 19% Rate Of Return Expected From Indonesia’s New Solar Feed-in Tariffs, Says BNEF

written by saurabh

Indonesia may soon become a budding solar power market as feed-in tariffs recently announced by the government are expected to yield very attractive returns for developers.

According to an analysis by the Bloomberg New Energy Finance (BNEF), solar power projects in Java and Sumatra may yield rate of return up to 18.8% the capital cost of setting up solar power projects in these areas will be lower compared to that in other regions of Indonesia.

Projects selected for implementation will sell electricity through 20-year power purchase agreements. Java has been allocated a total capacity of 150 MW with project size capped at 20 MW. Projects will less than 10 MW capacity will have to be commissioned within 12 months while larger projects will get 24 months.

Over the last few months the government has taken several measures to promote investment in the renewable energy sector, including the implementation of a single-window approval system. The planned incentives would play a critical role in Indonesia’s endeavor to boost the share of renewable energy sources in the total energy mix to 19% by 2019 and to 25% by 2025, up from its current share of renewable energy sources of between 5% and 6%.

08/27/2016 0 comment

Renewable Energy

OPIC To Fund Indonesia’s Largest Wind Energy Project

written by saurabh

Renewable energy sector in Indonesia received a much needed boost when the US-based Overseas Private Investment Corporation agreed to provide debt to the largest wind energy project in the country.

OPIC President and Chief Executive Elizabeth Littlefield recently announced that $120 million shall be provided to UPC Sidrap Bayu Energy for the construction and development of 70 MW wind energy project in Sulawesi. The project is reportedly the ‘largest of its kind’ in the country. UPC Sidrap Bayu Energy is joint venture between US-based UPC Renewables and local company Binatek Energi Terbarukan.

The 70 MW project was first announced last year, in May, along with another project of 50 MW capacity. UPC Sidrap Bayu Energy is looking to develop 1,000 MW of wind energy capacity in Indonesia over the next 5 years. The company is also looking to expand operations in the solar power market.

Indonesia is looking to expand its renewable energy infrastructure. The country has a medium-term target for increasing the share of renewable energy in total energy use to 25% by 2025. Last year, the government set a target to increase the share of renewable energy in total energy mix to 19% by 2019.

Earlier this year, the government also announced plans to increase procurement of renewable energy by floating a new utility specifically for this purpose. The government considered this measure after reports that the country’s main power utility, Perusahaan Listrik Negara (PLN), is opposed to buying power from renewable energy projects due to the high costs involved in the exercise.

04/17/2016 0 comment

Renewable Energy

Groundbreaking Mapping Project Depicts Forest Change Around the Globe

written by Yale Environment 360

Scientists from Google, U.S. universities, and federal agencies have for the first time produced a high-resolution global map showing in striking detail the extent of deforestation across the globe. The project — which relied heavily on expertise from the computing center Google Earth Engine — documents a loss of 888,000 square miles of forest

11/18/2013 0 comment

Renewable Energy

WWF Calls for Zero Burn Laws As Smog Engulfs Malaysia and Singapore

written by Walter Wang

As Singapore and Malaysia struggle with major smog pollution and public health crises from illegal fires in Indonesia, WWF has renewed calls for zero-burn policies to be enacted and enforced. Satellite hotspot analysis showed the single jurisdiction of Riau Province, Sumatra as the location of over 88% of the

07/01/2013 0 comment

Renewable Energy

Indonesian Palm Oil Is Growing Source of CO2 Emissions, Study Shows

written by Yale Environment 360

The rapid expansion of palm oil plantations in the world’s tropical regions, particularly Indonesian Borneo, is becoming an increasingly significant source of global carbon emissions, a new study says.

Writing in the journal Nature Climate Change, researchers from Stanford and Yale universities project that the continued expansion of plantations will add more than 558 million metric tons of carbon dioxide

10/09/2012 1 comment

Renewable Energy

Borneo Oil Palm Plantations Threaten Surge in Emissions, Study Says

written by Yale Environment 360

A new study warns that the continued expansion of large-scale oil palm plantations in Indonesian Borneo, particularly on the island’s peatlands, will became a leading source of greenhouse gas emissions without stricter forest protections.

According to researchers from Yale and Stanford

04/27/2012 0 comment

Renewable Energy

Conservationists Launch Drone to Monitor Forest Loss and Wildlife

written by Walter Wang

A coalition of scientists and environmental advocacy groups has developed a camera-equipped drone they say could become a key conservation tool for monitoring forest loss and endangered wildlife.

The coalition — which includes The Orangutan Conservancy, the Denver Zoo, and two Swiss

02/27/2012 0 comment

Renewable Energy

New Zealand Companies Crack Down on Illegal Timber

written by Walter Wang

Companies that illegally log tropical forests in Indonesia may in future find it harder to sell their product on the international market, as the most important group of New Zealand timber importers has vowed to quickly phase out purchasing wood from Indonesia that can’t be verified as legally harvested. By

04/26/2011 0 comment

Renewable Energy

Second-largest Palm Oil Company Commits to Preserving Valuable Forest

written by Yale Environment 360

The world’s second-biggest palm oil company has agreed to preserve critical Indonesian rainforest and peatland as a result of pressure from major food processors and conservationists.

While Golden Agri-Resources (GAR) will still be able to exploit some areas of forest, company officials have vowed to spare

02/09/2011 0 comment

Renewable Energy

Illegal Logging Undermines Sustainable Market, Report Says

written by Yale Environment 360

Rampant illegal logging in Indonesia is undermining the sustainability and strength of the forest products industry in Indonesia and the United States and thwarting efforts to preserve forests to slow global warming, according to a new report.

The report by the BlueGreen Alliance and several U.S. environmental and labor organizations said that 40 to 55 percent of Indonesia’s timber is harvested illegally, often from protected areas.

Widespread illegal logging in Indonesia and elsewhere has depressed timber prices worldwide, costing the logging, wood, paper and cabinetry industries more than $1 billion in the U.S. alone, the report said.

05/05/2010 0 comment

Renewable Energy

Ormat to build 330 MW geothermal plant in Indonesia

written by Jonathan Shapira

Ormat Technologies is combining with Itochu Corporation to build a 330 megawatt (MW) geothermal power plant in Northern Sumatra, Indonesia.

The project will cost an estimated $800 million, according a report in Reuters. Ormat and Japan’s Itochu Corp. were originally awarded the contract in 2006 and are working in collaboration with Indonesian energy firm PT Medco.

05/18/2009 0 comment