Asian Magazine

How crowdfunding could raise US$12 billion to boost renewable energy access in Indonesia

Written by Vivi Fitriyanti, Assistant Researcher, The Purnomo Yusgiantoro Center

Funding still hinders energy transition.Singkham/Pexels, CC BY-SA

Indonesia has a target to have 23% of its energy mix coming from renewable sources by 2025, and the country needs at least Rp 1,600 trillion (US$102.4 billion) to make that happen.

This is not an easy task, especially for medium and small-scale projects. Renewable energy projects...

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