"The government and PLN must ensure that the short-term renewable energy investment plan will actually be executed because there are too many plans that have not been realized," says Managing Director Putra Adhiguna. Energy Shift Institute is calling on the government to turn words into deeds for renewable energy projects, amid efforts to relax domestic component level (or TKDN) regulations. TKDN represents the value of using goods or services sourced within the country. The Ministry of Energy and Mineral Resources is aligning policies to separate TKDN rules for renewable projects and components. This is crucial for unlocking stalled international funding. "TKDN can be relaxed with limitations to provide a clearer signal regarding how large the renewable energy projects will be built... There needs to be rigid benchmarks regarding the relaxation to ensure robust renewable energy industries are formed within the country." https://lnkd.in/gxhpiKMp
Energy Shift Institute’s Post
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#Indonesian Government Advances #RenewableEnergy With #FloatingSolarPV On Lakes And Reservoirs The Indonesian government continues its commitment to expanding new and renewable energy sources (#EBT) with a focus on #environmentallyfriendly initiatives. Among these is the innovative use of water surfaces on lakes and calm seas for installing #floatingsolarphotovoltaics (#PV). The development of Floating #PLTS (Solar Power Plants) is prioritized for projects with a potential #capacity of more than #10MW, ensuring financial feasibility. #solar #solarPV #PV #floatingsolar #solarcapacity #renewableenergy #energy #sustainability #solarpowerplant #solarplant #Indonesia https://lnkd.in/gNH4XFS2
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#Indonesian Government Advances #RenewableEnergy With #FloatingSolarPV On Lakes And Reservoirs The Indonesian government continues its commitment to expanding new and renewable energy sources (#EBT) with a focus on #environmentallyfriendly initiatives. Among these is the innovative use of water surfaces on lakes and calm seas for installing #floatingsolarphotovoltaics (#PV). The development of Floating #PLTS (Solar Power Plants) is prioritized for projects with a potential #capacity of more than #10MW, ensuring financial feasibility. #solar #solarPV #PV #floatingsolar #solarcapacity #renewableenergy #energy #sustainability #solarpowerplant #solarplant #Indonesia https://lnkd.in/gNH4XFS2
Indonesian Government Advances Renewable Energy With Floating Solar PV On Lakes And Reservoirs
energy-box.com
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The Sri Lankan Cabinet has approved the implementation of the Power Wheeling Facility exclusively for new renewable energy projects. This initiative will enable the collective use of the existing power grid for efficient transmission and distribution of electricity from one location to another, minimizing costs. As there is currently no legal framework for this system, a committee has been tasked to conduct a detailed study and propose necessary legislation to facilitate this process. For more details, you can read the full article below. #SriLanka #PowerWheeling #PowerWheelingSriLanka #CeylonElectricityBoard #EmergingMarkets #RenewableEnergy #LKA
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Indian Oil Corporation Goes Green! ⛽️☀️ #RenewableEnergyTakeover Indian Oil Corp Limited is revving up for a clean energy revolution! Their board just approved a massive 1 GW renewable energy project. ♻️ Here's the Green Goodness: 1 Gigawatt of Clean Power: This project will be a powerhouse, generating enough clean electricity to light up millions of homes! Solar, Wind, or Hybrid: They're keeping their options open, focusing on solar, wind, or a hybrid approach for maximum impact. Dedicated Green Subsidiary: Indian Oil Corporation is creating a whole new subsidiary to focus solely on renewable energy - now that's commitment! Investing in a Sustainable Future: ₹5,215 Crore Project: This green initiative boasts a significant budget, demonstrating Indian Oil Corporation's dedication to clean energy. Equity Investment: They're putting their money where their mouth is, investing over ₹1,300 crore in the subsidiary. Indian Oil Corporation is taking a big leap towards a greener future. Let's all applaud their commitment to #Sustainability! **#SolarEnergy #WindEnergy #RenewableEnergyJobs ** https://lnkd.in/gwqHhcCy What are your thoughts on big corporations investing in renewable energy? Share your comments below!
Board of Indian Oil Corporation approves investment in proposed green energy subsidiary | Green H2 World
greenh2world.com
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Sri Lanka is evaluating 49 proposals which were shortlisted out of 535 that responded to an expressions of interest called for renewable projects of more than 50MW, Energy Minister Kanchana Wijesekera said. #SriLanka #RenewableEnergy #KanchanaWijesekera #SriLankaNews #RenewableEnergySriLanka #SENOK #WindForce #EmergingMarkets #ColomboStockExchange #FrontierMarkets #EnergySector #LKA
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Bangladesh is set to invest about US$22 billion to generate 24 gigawatts (GW) from renewable sources by 2040. This ambitious plan, revealed at the National Renewable Energy Conference and Green Expo 2024, is a significant part of Bangladesh's long-term strategy to overhaul its power sector and produce 40% of its power from clean energy. https://lnkd.in/gEXCtaAq
Bangladesh Targets 40% Clean Energy by 2040 with US$22 Billion
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