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Indonesia’s Solar Market Expands: Key Players and New Investments

29 Oct, 2024
Indonesia’s Solar Market Expands: Key Players and New Investments

Hijau is making significant strides as a pioneer in the distributed solar sector in Indonesia. Their mission is clear: to help Indonesian businesses reduce energy expenses while facilitating the transition to clean energy. The initial investment in Hijau aims to bolster this vision, ensuring that enterprises can benefit from sustainable energy solutions.

The company is dedicated to delivering solar energy projects that adhere to the highest standards in health, safety, and environmental impact. Compliance with legal and environmental regulations is also a top priority for Hijau, allowing customers to embrace sustainable energy with confidence.

This investment aligns with Clime Capital’s broader objective to accelerate the shift towards clean energy in Southeast Asia, particularly in Indonesia, which boasts significant potential for the development of distributed solar energy.

As the world transitions to more environmentally friendly energy sources, solar panel solutions are becoming increasingly popular, especially in industrial areas. In addition to Hijau, several other players are entering this burgeoning market. Notably, SUN Energy recently secured debt funding of IDR 500 billion from PermataBank to enhance its operations. Other emerging companies, such as Suryanesia, SolarKita, and Xurya, are also gaining traction, each receiving financial backing from investors.

This collective movement indicates a growing recognition of the importance of solar energy solutions in Indonesia, paving the way for a more sustainable and cost-effective energy landscape.



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