Jakarta \u2014 Investment Minister and head of BKPM Rosan Roeslani, also\nCEO of Danantara, disclosed foreign direct investment for building a\nsolar panel plant in Indonesia, valued at about USD 1.4 billion. The\nfunds began to flow in from mid-2025, and construction of the production\nfacility is still underway. \u201cThe investment has been in since mid-2025.\nThe construction will take around one and a half years; the investment\nvalue is around USD 1.4 billion,\u201d Rosan told reporters after a limited\nmeeting with President Prabowo Subianto at the Presidential Palace\ncomplex in Jakarta on Thursday, 5 March 2026. He said the plant\u2019s\nconstruction is expected to take about 18 months, with the production\nfacility targeted to be operational by the end of 2026. According to\nRosan, the project represents foreign investment to bolster the\ndevelopment of Indonesia\u2019s renewable energy industry. The plant\u2019s\npresence is expected to support domestic components for solar power\nplants in Indonesia. \u201cWith this investment, we can use domestic\nproduction, primarily to support PLTS projects promoted by the\ngovernment,\u201d Rosan said. He views the development of a domestic solar\npanel industry as a crucial step in strengthening the national clean\nenergy supply chain. Moreover, the investment is expected to accelerate\nthe government\u2019s energy transition programme.<\/p>\n
Minister of Higher Education, Science, and Technology Brian Yuliarto\nsaid universities have been asked to support the acceleration of solar\npower generation (PLTS) development. This move aims to replace\ndiesel-based power plants, which still incur high production costs.<\/p>\n
\u201cSo, from us at the universities, research results and studies on\nfindings are being asked to support the acceleration of solar cells.\nPLTS, especially to replace plants whose prices are still high, i.e.,\ndiesel-powered plants,\u201d Brian said. He noted that accelerating solar\nenergy development will be coordinated by the Ministry of Energy and\nMineral Resources (ESDM). Meanwhile, universities will play a role in\nproviding research support and scientific studies.<\/p>\n
\u201cThat was the President\u2019s directive; later the ESDM Minister will\nbecome the coordinator. Of course we from the universities will back up\nwith research and studies,\u201d Brian added.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/minister-rosan-solar-panel-investment-reaches-usd-1-4-billion-1772736849", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }