Indonesia plans to install 75 GW of renewable energy capacity over the next 15 years as part of its efforts to transition away from coal-based power generation.
Indonesia , which depends heavily on coal for its electricity generation, plans to tender opportunities for as much as 75 gigawatts GW of renewable energy capacity installations over the next 15 years, the Southeast Asian country’s climate envoy to the COP29 summit has said.
To achieve total power sector emissions peaking by 2030, the long-term partnership said in 2022 that it intends to mobilize an initial $20 billion in public and private financing over a three-to-five-year period, using a mix of grants, concessional loans, market-rate loans, guarantees, and private investments.
Renewable Energy Climate Change Coal Energy Transition COP29 Just Energy Transition Partnership (JETP) Clean Energy Sustainable Energy Power Generation
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