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This Week In Energy Transition - Indonesia's Renewable Market Growth Driven By Policy And Demand
Indonesia's renewable energy market is on a significant growth trajectory, fueled by policy support, declining technology costs, and rising corporate demand. The market is projected to grow from 15.97 gigawatts in 2025 to 37.32 gigawatts by 2031, registering a CAGR of 15.20% from 2026 to 2031. As the government balances climate goals with economic development, initiatives like President Prabowo Subianto's inauguration of 37 electricity projects underscore state commitment to enhancing grid...