Pertamina New and Renewable Energy (Pertamina NRE), a renewable energy subholding of State energy company PT Pertamina, is currently constructing a solar panel assembly plant through cooperation with a manufacturing company from China in Kota Deltamas, Cikarang, West Java.
Nelwin Adriansyah, Finance Director of Pertamina NRE, targets the solar panel assembly plant to be operational in 2026.
“So to fulfill the domestic component level (TKDN) requirement, we then collaborated with a manufacturing company from China to build a solar panel assembly plant in Indonesia, in West Java,” Nelwin said on Thursday, February 27, 2025.
He said the investment value for the solar panel assembly plant for the first phase was US$40 million (Rp657.6 billion).
The construction of this solar assembly plant is following a directive from the Ministry of Investment and Downstream to use a domestic component level (TKDN) of at least 40 percent.
The development of this power plant is considered a supporting factor in driving national economic growth. The government must accelerate the addition of green energy capacity, which is still abundant in Indonesia today.
“The presence of renewable energy power plants is very necessary to achieve the 8 percent economic growth planned by President Prabowo Subianto. This is because fossil energy that supports power plants in Indonesia will not be sufficient if it is not accompanied by an increase in renewable energy power plants,” Mohammad Faisal, Executive Director of CORE Indonesia, said as quoted by Antara, on Thursday, February 27, 2025.
Based on CORE Indonesia’s calculations, the availability of fossil fuels is predicted to run out soon.
Faisal said that the availability of coal in Indonesia will run out in the next 28 years. Then oil and gas, each of their availability can only last for 21 years and 19 years.