Harvesting Sunshine in Indonesia’s Riau Islands: Who’s In, Who’s Out?
Summary
- At least eight companies/consortiums have publicly stated their interest in investing in floating and land-based solar PV in Indonesia's Riau Islands.
- Mining giants are entering renewables and leading solar PV projects di Riau Islands, promoting a large-scale solar PV chain. They will start small but aims for gigawatts.
- Indonesia's government remains cautious in projecting electricity demands, thus only targeting the development of a 126 MW solar power plant in ten years in Riau Islands. But the country is ready to increase its targets if there is a high and sustained demand from neighboring countries like Singapore.