Indonesia to Auction Solar Power Projects
Indonesia plans to use auctions to award solar-power projects, taking a cue from countries such as India and Brazil where competitive bidding has helped drive down the cost of renewable energy. Developers will bid at a discount to the state-set top price of 25 U.S. cents a kilowatt-hour of production, Alihuddin Sitompul, director for new energy and renewable energy at the Ministry of Energy and Mineral Reso ...
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