IEA says Indonesia should improve competitiveness of solar technologies

The International Energy Agency (IEA) has released a research report suggesting that Indonesia should expand the share of solar energy in its power system. The study was aimed at exploring the potential for solar power generation to augment the economy’s capacity to meet its target of achieving a 23% share of renewable energy in its electricity mix by 2025. IEA’s analysis found that multiple barriers to competitiveness were hindering the expansion of solar assets within the electricity mix. It suggested that “the authorities should take actions to improve the financial competitiveness of solar PV with respect to other technologies in Indonesia”.