Solar gets a boost in Indonesia's new $35bn renewable power plan

State utility PLN aims to phase out coal from 2028 over several decades

20211005 solar power plant in Indonesia

Indonesia is aiming to wean itself off coal and sees solar energy as part of the solution. © Reuters

ERWIDA MAULIA, Nikkei staff writer

JAKARTA -- Indonesia has announced a new electricity procurement plan that includes up to 500 trillion rupiah ($35 billion) for development of renewable energy-based power plants in the coming decade as Southeast Asia's largest economy aims to cut its dependence on coal.

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