Indonesia's Renewable Energy Development Faces Investment Challenges, an Industrial Info Market Brief
Industry Segment: Market Brief | Word Count: 191 Words
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Competition among countries for renewable energy funding is getting tighter, prompting the need for Indonesia to promote a friendlier investment climate.
Indonesia has a large renewable energy potential, reaching 400 gigawatts (GW), but project investments are lacking, hampering the nation's goal of achieving 23% of new renewable energy in its power mix by 2025, according to
.
Arifin Tasrif, Indonesia's minister of energy and mineral resources, is pushing for energy regulations aimed at promoting project investments.