Jakarta Globe, Ratri M Siniwi, March 29, 2016
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| A worker inspects solar panels. (Antara Photo/Muhammad Adimaja) |
Jakarta.
Australian investors are looking for local partners in Indonesia to build a
solar power plant in the country, the Investment Coordinating Board (BPKM) said
on Tuesday (29/03).
The project
will cost around Rp 1.8 trillion ($150 million) and will eventually supply 30
megawatts of power by using solar panels floating on the sea, BKPM chairman
Franky Sibarani said in a statement.
Australian
investors have proposed to the government a public-private partnership with a
contract lasting 25 years.
Franky said
the government believes a floating solar panel power plant would help the
country meet its target of obtaining 23 percent of its energy needs from
renewable sources.
“The
progress on this investment project will be handled by a representative office
in Sydney, in cooperation with the Indonesian representative in Australia,”
said Franky.
According
to BKPM data from last year, Australia is one biggest investors in Indonesia,
with an investment value of $167 million, divided over 443 projects.
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