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Can Singapore make solar panels and battery energy storage systems in Indonesia?

Singapore-based developer Vena Energy says it will investigate opportunities to make solar panel components and battery energy storage systems in Indonesia, in order to support a hybrid megaproject with up to 2 GW of solar and more than 8 GWh of energy storage. From pv magazine Australia

Why is battery energy storage system important in Indonesia?

However, given the challenge of Indonesia’s geological landscape, with many off-grid and remote areas, there is growing intermittency issue that hamper the development of solar and wind generation. Hence, the battery energy storage system (BESS) technologies have a critical role in the development of Indonesia’s renewable energy.

What is Vena Energy doing in Indonesia?

From pv magazine Australia Vena Energy says it will collaborate with China's Suntech, battery cell producer REPT Battero, and US energy platform Powin to develop an integrated production line for solar panel and energy storage system components in Indonesia.

Is Indonesia a market in the energy transition?

Indonesia is a market in the energy transition as the country is moving from fossil fuels to clean energy resources. In 2023, Indonesia derived approximately 60% of its energy from coal, while renewable energy’s contribution is estimated at about 15%.

Does Suntech have a presence in Indonesia?

For Suntech, the agreement builds upon an already established presence in Indonesia. The Chinese manufacturer is already operating a 500 MW capacity solar module factory in Batam. Suntech said it expects the collaboration with Vena would significantly increase that factory’s capacity. This content is protected by copyright and may not be reused.

What percentage of Indonesia's energy comes from coal?

In 2023, Indonesia derived approximately 60% of its energy from coal, while renewable energy’s contribution is estimated at about 15%. By 2025 and 2030, the Indonesia government aims to achieve the target of 23% and 30% of renewable energy contribution into the energy mix.