50GW！ A Southeast Asian country announced the construction of a photovoltaic plant!

According to local media reports, Rosan Perkasa Roeslani, chief executive of Danantara, an Indonesian investment management agency, said recently that Danantara had received $ 1.4 billion in investment. It is used to build a supporting manufacturing plant to support the 50GW photovoltaic power plant project. Once completed, the plant will be able to support the government's plan to speed up the construction of solar power stations (PLTS) in several villages, especially those that already have transmission networks, the

Indonesian state news agency

Rosan explained.

"At present, investment has entered Indonesia, and this year (Indonesia) will complete the construction of a factory.". The project has an investment of about $1.4 billion and a scale of 50GW. The project is expected to be completed by the end of this year (2026)

, Rosan said. "In this way, we will be able to use domestic production to support these (accelerated) solar power projects."

Indonesian National News Agency reported that Indonesian President Prabowo Subianto recently hosted a meeting at the presidential palace. Discuss the issue of accelerating Indonesia 's energy transformation . At the meeting, the President of Indonesia decided to set up a task force to accelerate the transition to new and renewable energy (EBT).

Rosan revealed that at the meeting, the Indonesian president had instructed Danantara to study financing options for the construction of solar power plants in some villages in Indonesia.

"The president did give instructions that this construction could be achieved through multiple financing options, and asked us to study its financing structure, while working with domestic institutions and private enterprises with solar and battery technology capabilities."