The Indonesian government promises to almost triple the share of renewables in its energy mix in the next three years. That would reverse an investment climate in which fossil fuels saw 3 times more capital than renewable energy between 2016 and 2019.
Founded by Eka Himawan and Edwin Widjonarko in 2018, Xurya helps companies deploy solar panels on the rooftops of their commercial and industrial buildings.
Indonesia’s oil reserves will run out in about 10 years, assuming no new reserves are discovered. Indonesia actually has alternative energy capacity which is more sustainable, even abundant. Unfortunately, the level of utilization is still very minimal.
Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan affirmed Indonesia’s intent to promptly veer away from the use of fossil energy sources and shift to renewable energy as a form of climate change mitigation.
On Indonesia’s remote Sumba Island, poorer households can pay for solar home systems with goods or services instead of cash.
The objective of this deployment is to provide 20,700 people from a large fishermen community with improved energy access through off-grid solar lighting.
The second phase of the Sustainable Energy Access in Eastern Indonesia-Electricity Grid Development Program supports efforts by PLN to expand electricity access and improve service reliability in nine provinces in the outer regions of Kalimantan, Maluku, and Papua.
New Energy Nexus aims to assist 10 to 15 companies from the seed to the series A stages in bridging the investment gap and overcoming barriers, in addition to helping Indonesian renewable energy entrepreneurs and companies to enter the market.