Indonesia to Set Tariff to Promote Solar Power

This would be the second time the government introduced a feed-in tariff for renewable energy.

Last year, the government set the feed-in tariff for geothermal energy at between 11 cents and 18 cents, depending on the location.

Finance Minister Agus Martowardojo said setting the tariff to promote solar energy would encourage private investors to develop solar power plants in remote areas of Indonesia.

In an attempt to attract more private investors in the development of solar energy, the government will set a feed-in tariff for electricity produced by solar power plants.