Indonesian state utility Perusahaan Listrik Negara seeks a USD700mn investment to install a 200-megawatt (MW) solar panel that will replace diesel power generators in a bid to reduce carbon emission. The plan is part of its target to reach net zero carbon emissions by 2060. PLN has planned to have 4.68 gigawatt (GW) of solar panels installed between 2021 and 2030. The company's director Evy Haryadi said the 200 MW solar panel is the first phase of a longer-term plan to replace 1 GW of diesel power plants with solar power. He didn't provide details on the timeline for the initial phase.

Source: Reuters