Japan ready to invest U.S.$ 1 billion for solar power plants in Indonesia

Nusa Dua - Investors from Japan, Sharp is committed to investing to develop solar power plants in Indonesia. The funds will be prepared is U.S. $ 1 billion or about Rp 8.5 trillion.

This was stated by Minister Jero Wacik when found in Bali Nusa Dua Convention Center, Nusa Dua, Bali, Saturday (11/19/2011).

"They (Sharp) will explore where the exact location. DG I've been to Japan to see Sharp, there are examples of projects in Thailand covering an area of ​​160 ha fitted with solar panels. The result is power 73 MW (megawatts) at a price of U.S. $ 23 cents per kwh," Jero clear.

He said the cost of solar electricity is much cheaper than electricity generated from fuel oil-fired power plants. "After the depreciation period is completed, its value to U.S. $ 3-5 cents per kwh," he added.

"Indonesia has vast land and was granted exceptional solar abundance. If not utilized, we are mistaken," Jero said.

Japanese investment is a new investment. Jero said Sharp had met with the boss.

"At first they were not sure we're serious, but after meet our commitments clear. This collaboration is a logical and serious, so we will continue to pursue," he said. (*)

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