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Energy
August 23, 2023

Chinese investment sees Indonesia climb the solar value chain

By Madeleine Wright
Jakarta, capital of Indonesia. President Joko Widodo wants to leverage the country’s reserves of raw materials to boost domestic manufacturing. (Photo: Muhammad Fadli/Bloomberg)
Jakarta, capital of Indonesia. President Joko Widodo wants to leverage the country’s reserves of raw materials to boost domestic manufacturing. (Photo: Muhammad Fadli/Bloomberg)

New processing plant supporting photovoltaic panel production highlights Indonesia’s ambitions and China’s role as a major green investor.

A $11.5bn plan by China’s Xinyi Glass to construct a quartz sand processing plant in Indonesia boosts the south-east Asian nation’s ambition to move beyond raw material production in the solar supply chain.

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