Pages

Tuesday, September 01, 2009

President orders solar energy development

Erwida Maulia, The Jakarta Post, Jakarta | Tue, 09/01/2009 5:33 PM

President Susilo Bambang Yudhoyono has ordered that development into solar-cell energy be explored in Indonesia.

Managing director of state-owned solar cell producer PT LEN Industri, Wahyuddin Bagenda, said following a meeting with SBY in Jakarta on Tuesday that the President supported moves for increasing the production of efficient solar-cell energies.

“... And he [SBY] is hoping that the price will be reasonable for the public. That was the most important issue.” Wahyuddin said in a press conference at the Presidential Office.

He said LEN could install solar cells with a capacity of 6 Megawatts, and could offer this renewable energy at US$3 per watt.

Wahyuddin said this capacity fell short of the government’s actual annual requirement of 10 MW.

“Based on our analysis, if we increase the installed capacity to 50 MW, we’ll be able to sell the solar cells at $1.2 per watt. The global price currently stands at around $1.7 per watt,” he said.

The Bandung-based firm will need around $17 million worth of investment to develop the 50-MW power plant, he said.


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.