Indonesia, 264.6GW photovoltaic in 2050!

The Indonesian government has released a draft Comprehensive Investment and Policy Plan (CIPP), setting out Indonesia’s decarbonization initiatives to 2050, which include targets to achieve net-zero emissions by mid-century and expand installed photovoltaic capacity to 264.6GW. .

The CIPP draft is currently in the public comment stage with a deadline of November 14. This is Indonesia's contribution to the implementation of the Just Energy Transformation Partnership (JETP) plan.

Last year, the Indonesian government agreed to the JETP plan at the G20 Summit in Indonesia and received US$20 billion in funding to support its decarbonization goals.

JETP has proposed a series of plans for Indonesia's future energy structure, including achieving 44% of renewable energy power generation by 2030, and the CIPP draft is the Indonesian government's first attempt to achieve these goals.

The most eye-catching aspect of the CIPP draft is Indonesia's commitment to solar power, which is expected to account for more of Indonesia’s installed capacity and power generation than any other energy source. The government targets solar installed capacity to reach 29.3GW by 2030 and 264.6GW by 2050, which will account for more than half of Indonesia's total installed power capacity (518.8GW).

This stems in large part from Indonesia's huge solar power potential. The government estimates that Indonesia's installed solar power capacity is expected to reach 3.3TW based on the amount of sunshine in Indonesia. This is the highest of all renewable energy sources, with offshore wind potential in second place at 94.2GW.

Likewise, the report is optimistic about the potential of floating PV in Indonesia. Earlier this year, Masdar and PT Indonesia announced plans to triple the capacity of the 145MW Cirata floating photovoltaic power plant. The government estimates that the capacity potential in the floating PV sector alone will reach 28.4GW. Therefore, Indonesia has strong interest in developing new floating photovoltaic projects.