Indonesia eases import rules for solar power projects


Indonesia seeks to expedite renewable energy development in the country and boost the domestic solar panel industry. — Reuters

JAKARTA: The government has relaxed its local content requirements for solar power projects financed by foreign investors, as it seeks to expedite renewable energy development in the country and boost the domestic solar panel industry.

Rachmat Kaimuddin, undersecretary for transportation and infrastructure at the Office of the Coordinating Maritime Affairs and Investment Minister, said on Aug 7 that the move would help Indonesia unlock funding from international partners to build its renewable energy supply.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Alibaba, Abu Dhabi back AI startup MiniMax’s IPO
Foreign investors dump bonds amid rupee slide
NCT Alliance gets nod for acquisition
Beijing issues early 2026 investment plan�
Nor Zahidi continues as MPC member
Stronger outlook for card payments until 2029
Fini boss forecasts huge increase in nickel demand
Johor data centre water demand to accelerate
Official reserve assets total US$124bil, says BNM
KKR bid to take Yomeishu private is derailed by top shareholder

Others Also Read