The Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Indonesia’s 100 GWp solar ambition needs bigger funding, policy overhaul: IESR

The government’s 100 GWp solar project could require up to US$100 billion, 27 percent higher than the $73 billion it projects, as well as regulatory reform to support the solar supply chain, according to an IESR researcher specializing in energy system transformation.

Radhiyya Indra (The Jakarta Post)
Premium
Jakarta
Sun, November 15, 2026

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Energy and Mineral Resources Minister Bahlil Lahadalia (center), Bali Governor Wayan Koster (left) and PLN President Director Darmawan Prasodjo (right) inspect the construction site of the 100-gigawatt-peak (GWp) Gilimanuk solar power plant in Jembrana, Bali, Tuesday (Aug. 25, 2026). Energy and Mineral Resources Minister Bahlil Lahadalia (center), Bali Governor Wayan Koster (left) and PLN President Director Darmawan Prasodjo (right) inspect the construction site of the 100-gigawatt-peak (GWp) Gilimanuk solar power plant in Jembrana, Bali, Tuesday (Aug. 25, 2026). (Antara/Fikri Yusuf)

I

ndonesia will need to significantly ramp up its investment to deliver its planned 100-gigawatt-peak (GWp) solar expansion by 2029, as the country races to meet an ambitious target that will require sweeping policy reforms, an energy think tank has warned.

First announced in August 2025 by President Prabowo Subianto, the government formally launched the 100-GWp solar program initiative this August, setting a three-year deadline for the expansion.

Energy and Mineral Resources Minister Bahlil Lahadalia estimated that the program would require approximately US$73 billion in total investment, equivalent to more than Rp 1.14 quadrillion.

However, the Institute for Essential Services Reform (IESR) puts the financing requirement higher, potentially pushing the total beyond $100 billion.

“IESR estimated the government’s required investment to be close to $80 billion for utility-scale solar generation alone. Including battery storage and transmission, it could push the total above $100 billion,” said Deon Arinaldo, director of IESR’s energy system transformation program, during a discussion in Central Jakarta on Oct. 30.

The financing challenge is compounded by Indonesia’s limited renewable energy investment, he noted. The Energy and Mineral Resources Ministry recorded only $1.8 billion in investment in the broader new and renewable energy sector in 2024, which rose to $2.4 billion last year.

The Jakarta Post - Newsletter Icon

Prospects

Every Monday

With exclusive interviews and in-depth coverage of the region's most pressing business issues, "Prospects" is the go-to source for staying ahead of the curve in Indonesia's rapidly evolving business landscape.

By registering, you agree with The Jakarta Post's

Thank You

for signing up our newsletter!

Please check your email for your newsletter subscription.

View More Newsletter

“Reaching the utility-scale target within three years would require annual renewable investment to increase roughly 15-fold,” Deon said.

to Read Full Story

  • Unlimited access to our web and app content
  • e-Post daily digital newspaper
  • No advertisements, no interruptions
  • Privileged access to our events and programs
  • Subscription to our newsletters
or

Purchase access to this article for

We accept

TJP - Visa
TJP - Mastercard
TJP - GoPay

Redirecting you to payment page

Pay per article

Indonesia’s 100 GWp solar ambition needs bigger funding, policy overhaul: IESR

Rp 35,000 / article

1
Create your free account
By proceeding, you consent to the revised Terms of Use, and Privacy Policy.
Already have an account?

2
  • Palmerat Barat No. 142-143
  • Central Jakarta
  • DKI Jakarta
  • Indonesia
  • 10270
  • +6283816779933
2
Total Rp 35,000

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.