Indonesia will be getting support from Netherlands as it encourages co-operation in solar and wind energy sector to accelerate the transition to renewable energy in Indonesia and address global climate change.
This was disclosed by the climate envoy of the Netherlands, Prince Jaime de Bourbon de Parme, at the Renewable Energy and Climate Summit Indonesia-the Netherlands, which is being held in Jakarta from 9-13 October 2023. He said, “These, globally, are the most cost-effective ways to have renewable energy and to combat climate change.”
“One of the collaborations carried out between Indonesia and the Netherlands to encourage the energy transition and overcome climate change has been the signing of a memorandum of understanding (MoU) regarding the energy transition at the G20 meeting in Bali,” he added.
“Indonesia and the Netherlands marked the beginning of cooperation on implementing global targets to overcome climate change and realise the transition toward renewable energy,” he said. The event also witnessed new cooperation agreement between Dutch company Hyet Solar and Pertamina on building a PV thin film solar panel factory in Indonesia with a production capacity of 300 MW per year with a capital expenditure of US$200 million. It is also hoped that the summit will encourage investment in the sustainable energy sector in Indonesia as well as promote the green economy and sustainable trading relationship.