GGGI issues call for PV projects proposals in Indonesia

GGGI issues call for PV projects proposals in Indonesia

The Global Green Growth Institute (GGGI) has started accepting expressions
of interest (EOI) from prospective renewables developers for at least two
solar, biomass or energy-efficiency projects in Indonesia.

The projects will be awarded under the second phase of the GOI-GGGI Green
Growth Program (GGP) for 2016-2019, in cooperation with the country's
Ministry of Planning (Bappenas), said GGGI, which is advising the Indonesian
government on its renewables targets. It is offering to support the
development of at least 1 MW of solar capacity in East Nusa Tenggara
province, or in Central and East Kalimantan on the island of Borneo.
Proposed grid-connected projects should be situated at least 20 km from
utility PT PLN's grid network, although the GGP will also accept proposals
for off-grid PV projects.

"GGP shall consider engaging with the projects submitted based on the risks
associated and the impact these projects/programs seek to make at the
national or sub-national level," the Seoul-based GGGI said.

The GGGI - a treaty-based inter-governmental organization that promotes
sustainable economic growth in developing nations - is open to aggregating
proposed projects to put together a scaled investment of nationwide
significance, according to an online statement. It will prioritize proposals
that are large in terms of scale, as well as proposals that aim to resolve
critical regional issues such as rural access to energy. Developers of
approved projects will be given access to undisclosed debt and equity
providers that have partnered with the GGGI.

The GGGI, which was founded in 2012 at the Rio+20 United Nations Conference
on Sustainable Development, is trying to lower project-related risks in
Indonesia, while helping to free up flows of capital into renewables. It
will accept EOIs until the end of November.

Indonesia's cumulative installed PV capacity remains negligible, at roughly
80 MW by the end of 2016, according to the International Renewable Energy
Agency (IRENA). However, the country's fledgling solar sector is developing
rapidly, with roughly 70 MW installed last year alone.

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Link to Original Article:
https://www.pv-magazine.com/2017/09/01/gggi-issues-call-for-pv-projects-prop
osals-in-indonesia/

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com