Surya Utama Nuansa, one of Indonesia’s largest solar power developers, aims to increase its Southeast Asian portfolio by eleven-fold to a total capacity of 2 gigawatt peak, as more customers would soon realize the cost for transitioning to solar power has become more competitive compared to fossil fuel energy.
The company, also known by its trade name SUN Energy, now works and operates on projects in Indonesia, Taiwan, Vietnam, and Thailand with a total capacity of 180 megawatts peak (MWp). Solar power plants use MWp to describe their capacity under ideal conditions.
With the global trend to shift to renewable energy, SUN Energy COO Philip Lee said he is optimistic they can increase their Southeast Asian portfolio to 2 GWp by 2025, equivalent to 2.000 hectares of land used for solar panels.
The urgency to switch to renewable energy has increased globally in the last few years following the Paris Agreement, which Indonesia signed in 2016. Last year, the government set to have 23 percent energy coming from renewable sources by 2025.
Though Indonesia has made significant progress in switching to clean and renewable energy — with 11.5 percent of energy now coming from renewable sources — it is still halfway from its 2025 target.
Source: JakartaGlobe
Author: Grace Nadia Chandra, Kezia Kho
Original published date: 28 July, 2021
August 03, 2021
