LEN, PLN to Build Indonesia's First Solar Panel Factory
The National Energy Council (DEN) is pushing forwards the construction of the first solar panel factory in Indonesia through a partnership between state-owned enterprises (BUMN) and private companies.
DEN has secured PT Len Industri, PT PLN Indonesia Power, and PT Agra Surya Energy's commitment to realize the project this year. "We have already conducted a feasibility study. We need Rp 4 trillion to build the solar module factory," DEN secretary general Djoko Siswanto said on Thursday.
Djoko said that building local solar panel factory would be increasingly vital, considering that prices of the panel's components from China keep going up in recent years.
Meanwhile, Indonesia exports silica sand, a raw material for solar panels, in large quantities every year to China. "So far, we only install solar panels, just assembling them. We still import them. We don't have any solar panel factory yet, [but] we will build it," he said.