At a Glance
|Start Date||Q4 2016|
|Actual Budget (USD)||32,000,000|
|Actual Expenditure (USD)|
|GGGI Share (USD)|
|Poverty and Gender Policy Markers|
|Name of Client (Lead/Prime implementer if GGGI is part of a consortium)|
|Participating Organization (Funding/donor)|
|Name of consortium members, if any|
Indonesia has a higher solar insolation compared to other countries. Indonesia’s fuel mix is dominated by fossil fuels. Deployment of solar PV is still limited, currently only 108 MW; an enormous solar PV potential remains untapped in the country.
Energy demand continues to grow fast, and new capacity has a significant share to fulfill the growing demand. The GoI is planning to develop 35 GW of additional power capacity between 2015 and 2019, and a further 45 GW by 2025. The National Energy Policy mandates renewable energy to account for at least 23% of the primary energy mix in 2025 and 31% in 2050, up from 4% in 2011.
Recognizing the declining trend of solar PV generation cost globally, the GoI plans to add 5 GW of solar PV as part of the national energy program by 2019. The GoI realizes that this is possible only with private sector participation in the sector. To enhance private sector participation and increase the investment flow in the sector, the GoI has introduced a new regulatory framework that would impact on-grid Solar PV deployment.
GGGI and PT SMI partnership has identified a project with the Indonesia Tourism Development Corporation (ITDC) which is designing a tourism Special Economic Zone (SEZ) called Mandalika on Lombok island. In phase one, ITDC estimates a power demand of 25 MW in the SEZ to serve around 1,500 rooms of large hotel chains such as Novotel, Pullman, Club Med, Accor, Royal Tulip and their associated utilities in the next 2-3 years. GGGI is supporting ITDC in supplying green and clean energy to this SEZ by facilitating development of a solar PV demonstration project.
Project Outputs for 2017 – 18:
- Green infrastructure projects in special economic zones (SEZ) are designed and demonstrated to be financially feasible
Project outcomes for 2017 – 2018:
- Increased green investment is directed to focal sector – Energy
For ITDC, successful implementation of the project will set the basis for further development of 50 MW solar PV for the Mandalika SEZ for which the investment could scale up to USD 75 million (ITDC management’s vision).
News • March 30, 2019
GGGI Supports the Fiji Development Bank to Develop Fiji’s First GCF Concept Note on Decarbonization of Public Bus Transport
March 30, Suva, Fiji – The Fiji Development Bank (FDB) and the Global Green Growth Institute (GGGI) today signed a Memorandum of Understanding on Green Growth and Climate Finance Cooperation in Suva, Fiji. This partnership stems from FDB’s accreditation to the Green Climate Fund (GCF) in October 2017 as a Direct Access Entity and is […]
News • June 28, 2018
Oslo, Norway, June 28 – GGGI took part in the Oslo Tropical Forest Forum (OTTF) 2018 hosted by the Norwegian Agency for Development Cooperation (NORAD) to present the importance of jurisdictional platforms to scale up REDD+ across peatland landscapes and discuss ways to foster protection of tropical forests. The GGGI Indonesia team co-organized a public event […]
News • September 29, 2019
27 September 2019, Kigali – The Global Green Growth Institute (GGGI) in collaboration with the Rwanda Housing Authority (RHA) celebrated World Green Building Week 2019 in Rwanda from 23 – 29 September. The World Green Building Week organized by the World Green Building Council is an annual campaign that motivates and empowers everyone to deliver […]