The solar energy industry is growing in Indonesia, with Indonesia’s central government announcing on Wednesday it will increase the number of solar energy installations to 5,000 a year by 2020.
The announcement comes amid growing interest from overseas investors in the solar industry, and is a major step towards increasing Indonesia’s total solar capacity.
The increase comes as solar panel prices in Indonesia continue to fall, with a recent auction for 1,000 solar panels in Indonesia raising over $150,000 for the developer, which is believed to be one of the largest in the world.
In the US, SolarCity, one of Europe’s largest solar installers, recently announced it will add 5,500 solar panel jobs by 2020, and in Australia, the SolarWorld Solar World will double its number of jobs in Australia over the next five years, as part of a plan to increase solar panel production from about 10,000 tonnes to 20,000 to support the nation’s growing solar industry.
SolarCity is also currently expanding the production of solar panels from a factory in Shanghai to one in China.
The company recently added over 3,000 jobs to its China workforce and is set to add up to 25,000 by the end of 2019.
In Indonesia, the country’s solar industry is still in its infancy, but the country has a strong presence in the technology behind the technology, as well as an extensive network of solar power plants and other infrastructure.
In the first quarter of 2020, Indonesia recorded a net increase in solar panel sales of 0.2%, up from a 1.3% increase in the previous quarter, according to the Central Electricity Authority.
SolarWorld, a global supplier of solar equipment, installed 4,100 solar panels, an increase of 6.7% compared to the same period last year.
The solar panels are supplied by Indonesian firm SolarWorld Group.
The growth of solar in Indonesia will be closely watched by the solar power industry as it continues to struggle with rising costs, which have led to an increase in tariffs.
While the country is also known for its strict export controls, it is still relatively easy to export solar panels to other countries.
SolarCity said it is committed to bringing the world’s largest installed capacity to 5 million PV panels, with an increase to 20 million panels in 2020.
“Indonesia has a long history of supporting solar, but this has led to some of the most significant increases in installed capacity in the global market,” SolarWorld said in a statement.
“The Indonesian government has a significant role to play in helping us reach this goal and will continue to do so as we build on the progress we have made so far.
We look forward to supporting our customers in this effort and looking forward to the next phase of the growth we have achieved over the last decade.”
SolarWorld is currently in the process of expanding its manufacturing operations in Indonesia.
SolarWorld’s first manufacturing site, in Surabaya, was recently completed and is currently the largest solar panel factory in Indonesia with capacity of over 100,000 panels.
SolarTech, which makes solar panels for commercial and residential uses, recently invested $250 million in an industrial park in Surubaya, which will provide over 5,400 jobs.
While Indonesia is still the largest producer of solar panel panels in the entire world, it has also become a leader in solar power, thanks in part to Indonesia’s aggressive growth in solar panels over the past few years.
Indonesian solar power capacity rose from approximately 3,300 tonnes in 2014 to over 12,000 in 2016.
SolarTech recently announced that its Indonesian solar power production has surpassed its own expectations, with more than 9,000 new solar power projects announced this year alone. More: