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[BUSINESS] · Indonesia · 34 sources

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Indonesia launches 100 GWp solar power program to boost energy independence

President Prabowo Subianto has officially launched the 100 GWp Solar Power Plant (PLTS) program with a groundbreaking ceremony in Gilimanuk, Jembrana, Bali. The initiative is a central pillar of the government's strategy to achieve national energy independence and reduce reliance on imported oil and LPG. The President expressed optimism that the 100 GWp target could potentially be met within two to three years.

Energy and Mineral Resources Minister Bahlil Lahadalia noted that the program requires an estimated investment of approximately Rp1,140 trillion (US$73 billion). The project is expected to yield significant economic and environmental benefits, including annual energy subsidy savings of up to Rp73.9 trillion, the creation of 5.5 million jobs, and a reduction in greenhouse gas emissions by approximately 140 million tons of CO2 per year.

In Bali, the program will utilize non-productive state land, with an initial allocation of 1,000 MWp. The development includes the integration of Battery Energy Storage Systems (BESS) to ensure a stable electricity supply during non-sunny hours.

Separately, the Indonesian House of Representatives (DPR) has approved Sarjito as the Executive Head of Supervision for the Strategic Mineral and Commodity Exchange (BMKS) under the Financial Services Authority (OJK) for the 2026–2031 period. Additionally, PT Danantara Sumberdaya Indonesia (DSI) has announced its leadership structure to oversee the governance of strategic natural resource exports.

Entities

Asosiasi Energi Surya Indonesia · BPI Danantara · Bahlil Lahadalia · DPR RI · Danantara · Danantara Sumberdaya Indonesia · Dony Oskaria · Indonesia · Komisi XI DPR RI · Luke Thomas Mahony · M. Sarjito · Otoritas Jasa Keuangan

Claims

What the coverage asserts, and how many sources carry each claim.

  • [● 2 SOURCES] Indonesia produces approximately 67% of the world's nickel. www.suarainvestor.com
  • [○ 1 SOURCE] The government is discussing using a portion of BUMN dividends via Danantara as a fiscal reserve for the state budget. minews.id
  • [● 2 SOURCES] Sarjito aims for the mineral exchange to be operational by January 1, 2027. www.suarainvestor.com
  • [● 3 SOURCES] DSI will not change existing commercial relationships between buyers and sellers for coal, CPO, and ferro alloy.
  • [○ 1 SOURCE] COO of Danantara, Dony Oskaria, claimed the entity earned Rp 330 trillion in profit.
  • [● 3 SOURCES] CEO of Danantara Sumberdaya Indonesia (DSI) stated the company will integrate existing ministry data rather than adding new bureaucracy.
  • [● 2 SOURCES] The mining and quarrying sector's contribution to Indonesia's GDP was 12.22% in 2022. www.suarainvestor.com
  • [○ 1 SOURCE] Danantara targets a profit of Rp 360 trillion this year.
  • [○ 1 SOURCE] The mining sector's contribution to Indonesia's GDP declined from 12.22% in 2022 to 8.75% in 2025.
  • [○ 1 SOURCE] DSI will serve as a sole intermediary for natural resource exports until the end of 2026.
  • [○ 1 SOURCE] Indonesia is the world's top producer of nickel.
  • [○ 1 SOURCE] DSI targets the launch of its natural resource export governance platform on September 1, 2026.

Sources