Indonesia relaxes local content requirement for solar projects
- Admin
- Sep 6, 2024
- 1 min read
The government of Indonesia has eased local content requirements for solar power projects and other renewable energy sources. Solar power plants now require only 20% local content, down from 40%. Hydropower and wind power plants also have reduced local content requirements. The regulation exempts projects with at least 50% funding from foreign lenders from local content rules. Fabby Tumiwa from the Institute for Essential Services Reform supports the changes, particularly benefiting solar PV projects.
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