Reported from Indonesia, the country’s “Energy and Mineral Resources Ministry is proposing to increase the feed-in tariff by at least 24% to either a flat rate of US$125 per megawatt hour (MWh) or US$120/MWh for developments close to the national transmission grid and US$145/MWh for more remote projects. ($0.125-0.145/ kWh)
This compares with the current US97/MWh tariff and follows a number of recent investment incentives the Indonesian Government has introduced for renewable energy projects.”
This is good news for developers in the country, among them Australian Panax Geothermal.
Source: Proactive Investors
