Indonesia is turning to China for a major expansion of solar power and energy storage, but a new report warns that a multibillion-dollar funding gap and demands for greater domestic control will complicate the plan as the country’s energy ties deepen. The report, published on Monday by the Jakarta-based Centre of Economic and Law Studies (Celios), found that Chinese investment in Indonesia’s energy sector was expanding beyond nickel processing and electric-vehicle battery production, which had...
Indonesia’s 100GW solar plan needs China, but who pays the US$73 billion bill?
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SCMP - Feed 91By Johannes Nugroho
EXECUTIVE SUMMARY
Indonesia is turning to China for a major expansion of solar power and energy storage, but a new report warns that a multibillion-dollar funding gap and demands for greater domestic control will complicate the plan as the country’s energy ties deepen. The report, published on Monday by the Jakarta-based Centre of Economic and Law Studies (Celios), found that Chinese investment in Indonesia’s energy sector was expanding beyond nickel processing and electric-vehicle battery production, which had..
Key Takeaways
- Indonesia’s 100GW solar plan needs China, but who pays the US$73 billion bill?.
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