Indonesia Solar Energy Market Size, Share, and Forecast 2026-2034

IMARC Group, a leading global market research and management consulting firm, has published its latest market intelligence report on the Indonesia Solar Energy Market. The Indonesia solar energy market size was valued at 598.9 GWh in 2025 and is projected to reach 1,711.6 GWh by 2034, exhibiting a CAGR of 12.38% during 2026-2034. Growth is being driven by government policies and incentives, declining solar technology costs, rising electricity demand and growing private investment.

Solar is moving from a small niche to a national priority in Indonesia. Installed solar capacity passed 1 GW in 2025 and reached 1.49 GW at the end of the year, with an estimated 546 MW added during 2025, according to the Ministry of Energy and Mineral Resources as reported by pv magazine. In August 2025 the government unveiled a plan for 100 GW of solar, including 80 GW of distributed systems in village cooperatives, and rooftop demand is already strong, with the 2026 rooftop quota of 485 MW fully used by April 2026. Domestic manufacturing is also taking shape, with new module plants from LONGi and Pertamina NRE and from PT Trina Mas Agra Indonesia announced in 2025. Even so, the IESR notes that the 100 GW plan remains under development and building it in five years would be very challenging, so execution will shape how fast the market grows.

Indonesia Solar Energy Market at a Glance:

  • Market Size (2025): 598.9 GWh
  • Market Forecast (2034): 1,711.6 GWh
  • Growth Rate (2026-2034): CAGR of 12.38%
  • Installed Solar Capacity (End-2025): 49 GW, with about 546 MW added in 2025
  • Technologies Covered: Solar PV and Concentrated Solar Power
  • Base Year: 2025 | Historical Period: 2020-2025 | Forecast Period: 2026-2034

How AI is Reshaping the Future of the Indonesia Solar Energy Market

  • Solar Plus Battery Storage: The report cites projects such as NSSE, a 50 MW solar farm with 14.2 MWh of battery storage, and the 100 GW plan pairs 1 MW solar arrays with 4 MWh of battery storage in each village, with mini grids managed by village cooperatives.
  • Hybrid Plants Combining Solar with Wind or Hydro: Hybrid plants combining solar with wind or hydro are highlighted as a trend.
  • Rooftop Solar for Commercial and Industrial Users: Rooftop solar, mainly in the commercial and industrial segment, drove 2025 growth as large consumers decarbonize, according to the Institute for Essential Services Reform.

Grab a sample PDF of this report: https://www.imarcgroup.com/indonesia-solar-energy-market/requestsample

Indonesia Solar Energy Market Trends and Drivers:

Policy support is the foundation. The report cites government policies and incentives, including an early-2024 amendment to Ministerial Regulation No. 26/2021 that removed the previous limit on PV installation for household PLN capacity, alongside the national push for energy self-sufficiency.

The second driver is cost and demand. Declining solar technology and equipment costs, rising electricity demand, with per-capita consumption reportedly up nearly 13 percent in 2023, and growing private investment are making solar more attractive for utilities, businesses and households.

A third driver is local manufacturing and rooftop adoption. New module factories and a strong rooftop pipeline support growth, even as regulatory hurdles, limited grid infrastructure and high upfront costs remain challenges, and renewables reached 15.75 percent of the energy mix in 2025, below the revised 17 to 19 percent target.

Government Schemes and Policy Initiatives Driving Demand:

  • 100 GW Distributed Solar Program: Unveiled in August 2025 as the distributed solar for energy self-sufficiency program, it targets 80 GW of distributed solar with battery storage in 80,000 villages managed by Merah Putih village cooperatives, plus 20 GW of centralized solar, and is still under development.
  • National Energy Policy 2025-2060: The policy targets up to 108.7 GW of solar by 2060, against IESR’s estimate of solar potential of 3,300 GW to 20,000 GW.
  • Rooftop Solar Quota: PLN opened a 485 MW rooftop solar quota for 2026, which was fully used by April 2026, with authorities preparing up to 500 MW more and a government target of 2 GW of rooftop solar by 2028.
  • Ministerial Regulation No. 26/2021 Amendment: The early-2024 amendment removed the previous PV installation limit for household PLN capacity, supporting rooftop adoption.

Indonesia Solar Energy Market Industry Segmentation:

The report has segmented the market into the following categories:

Breakup By Technology:

  • Solar Photovoltaic (PV)
  • Concentrated Solar Power (CSP)

Solar PV is the technology driving current deployments, including rooftop, utility-scale and floating projects.

Breakup By Application:

  • On-Grid
  • Off-Grid

On-grid systems serve utilities and rooftop users, while off-grid and mini grid systems matter for remote villages and islands.

Breakup By Region:

  • Java
  • Sumatra
  • Kalimantan
  • Sulawesi
  • Others

About 1.85 GW of the government’s 2 GW rooftop solar target by 2028 is in Java, Madura and Bali.

Competitive Landscape:

The Indonesia solar energy market includes international and local players. Key players include:

  • Solardex Energy Indonesia
  • Sumber Energi Sukses Makmur
  • Sumber Energi Surya Nusantara
  • SUN Energy
  • Trina Solar Co. Ltd.

Competition centers on project development, module supply and local manufacturing, rooftop installation and financing, with international manufacturers building local production alongside Indonesian developers.

What Does The Full Report Cover?

  • Historical, current, and forecast market size for the Indonesia solar energy market from 2020 to 2034, in GWh
  • Market breakup by technology, application, and region
  • Regional analysis covering Java, Sumatra, Kalimantan, Sulawesi, and others
  • Key growth drivers, catalysts, and challenges shaping the market
  • Competitive landscape and key player profiles

Recent News and Developments in the Indonesia Solar Energy Market

  • January 2025: PT Sembcorp Renewables Indonesia and PT PLN Nusantara Renewables commissioned the NSSE solar plant.
  • May 2025: RGE and TotalEnergies signed a co-investment agreement for a solar PV plus battery storage project in Riau Province.
  • June 2025: LONGi and Pertamina NRE launched a 1.6 GW solar panel facility in Deltamas, West Java, and PT Trina Mas Agra Indonesia inaugurated a plant with 1 GW of annual capacity.
  • August 2025: The government unveiled its plan for 100 GW of solar, including 80 GW of distributed systems in village cooperatives.
  • February 2026: The Ministry of Energy and Mineral Resources reported 1.49 GW of cumulative solar capacity at the end of 2025, with about 546 MW added during the year.
  • April 2026: Indonesia’s 2026 rooftop solar quota of 485 MW was fully used, with about 200 MW of demand waiting and authorities preparing up to 500 MW more.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

Key Questions This Report Answers

  • How big is the solar energy market in Indonesia?
  • What is the future outlook of the solar energy market in Indonesia?
  • What are the key drivers of the Indonesia solar energy market?
  • What is the market breakup by technology, application, and region?
  • How are government policies, rooftop solar, and village programs shaping demand?
  • Who are the key players in the Indonesia solar energy market?

About Us

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Media and Sales Contact

IMARC Group

Email: sales@imarcgroup.com

United States: +1-201-971-6302

India: +91-120-433-0800

United Kingdom: +44-753-714-6104

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    Indonesia Solar Energy Market Size, Share, and Forecast 2026-2034

    IMARC Group, a leading global market research and management consulting firm, has published its latest market intelligence report on the Indonesia Solar Energy Market. The Indonesia solar energy market size was valued at 598.9 GWh in 2025 and is projected to reach 1,711.6 GWh by 2034, exhibiting a CAGR of 12.38% during 2026-2034. Growth is being driven by government policies and incentives, declining solar technology costs, rising electricity demand and growing private investment.

    Solar is moving from a small niche to a national priority in Indonesia. Installed solar capacity passed 1 GW in 2025 and reached 1.49 GW at the end of the year, with an estimated 546 MW added during 2025, according to the Ministry of Energy and Mineral Resources as reported by pv magazine. In August 2025 the government unveiled a plan for 100 GW of solar, including 80 GW of distributed systems in village cooperatives, and rooftop demand is already strong, with the 2026 rooftop quota of 485 MW fully used by April 2026. Domestic manufacturing is also taking shape, with new module plants from LONGi and Pertamina NRE and from PT Trina Mas Agra Indonesia announced in 2025. Even so, the IESR notes that the 100 GW plan remains under development and building it in five years would be very challenging, so execution will shape how fast the market grows.

    Indonesia Solar Energy Market at a Glance:

    • Market Size (2025): 598.9 GWh
    • Market Forecast (2034): 1,711.6 GWh
    • Growth Rate (2026-2034): CAGR of 12.38%
    • Installed Solar Capacity (End-2025): 49 GW, with about 546 MW added in 2025
    • Technologies Covered: Solar PV and Concentrated Solar Power
    • Base Year: 2025 | Historical Period: 2020-2025 | Forecast Period: 2026-2034

    How AI is Reshaping the Future of the Indonesia Solar Energy Market

    • Solar Plus Battery Storage: The report cites projects such as NSSE, a 50 MW solar farm with 14.2 MWh of battery storage, and the 100 GW plan pairs 1 MW solar arrays with 4 MWh of battery storage in each village, with mini grids managed by village cooperatives.
    • Hybrid Plants Combining Solar with Wind or Hydro: Hybrid plants combining solar with wind or hydro are highlighted as a trend.
    • Rooftop Solar for Commercial and Industrial Users: Rooftop solar, mainly in the commercial and industrial segment, drove 2025 growth as large consumers decarbonize, according to the Institute for Essential Services Reform.

    Grab a sample PDF of this report: https://www.imarcgroup.com/indonesia-solar-energy-market/requestsample

    Indonesia Solar Energy Market Trends and Drivers:

    Policy support is the foundation. The report cites government policies and incentives, including an early-2024 amendment to Ministerial Regulation No. 26/2021 that removed the previous limit on PV installation for household PLN capacity, alongside the national push for energy self-sufficiency.

    The second driver is cost and demand. Declining solar technology and equipment costs, rising electricity demand, with per-capita consumption reportedly up nearly 13 percent in 2023, and growing private investment are making solar more attractive for utilities, businesses and households.

    A third driver is local manufacturing and rooftop adoption. New module factories and a strong rooftop pipeline support growth, even as regulatory hurdles, limited grid infrastructure and high upfront costs remain challenges, and renewables reached 15.75 percent of the energy mix in 2025, below the revised 17 to 19 percent target.

    Government Schemes and Policy Initiatives Driving Demand:

    • 100 GW Distributed Solar Program: Unveiled in August 2025 as the distributed solar for energy self-sufficiency program, it targets 80 GW of distributed solar with battery storage in 80,000 villages managed by Merah Putih village cooperatives, plus 20 GW of centralized solar, and is still under development.
    • National Energy Policy 2025-2060: The policy targets up to 108.7 GW of solar by 2060, against IESR’s estimate of solar potential of 3,300 GW to 20,000 GW.
    • Rooftop Solar Quota: PLN opened a 485 MW rooftop solar quota for 2026, which was fully used by April 2026, with authorities preparing up to 500 MW more and a government target of 2 GW of rooftop solar by 2028.
    • Ministerial Regulation No. 26/2021 Amendment: The early-2024 amendment removed the previous PV installation limit for household PLN capacity, supporting rooftop adoption.

    Indonesia Solar Energy Market Industry Segmentation:

    The report has segmented the market into the following categories:

    Breakup By Technology:

    • Solar Photovoltaic (PV)
    • Concentrated Solar Power (CSP)

    Solar PV is the technology driving current deployments, including rooftop, utility-scale and floating projects.

    Breakup By Application:

    • On-Grid
    • Off-Grid

    On-grid systems serve utilities and rooftop users, while off-grid and mini grid systems matter for remote villages and islands.

    Breakup By Region:

    • Java
    • Sumatra
    • Kalimantan
    • Sulawesi
    • Others

    About 1.85 GW of the government’s 2 GW rooftop solar target by 2028 is in Java, Madura and Bali.

    Competitive Landscape:

    The Indonesia solar energy market includes international and local players. Key players include:

    • Solardex Energy Indonesia
    • Sumber Energi Sukses Makmur
    • Sumber Energi Surya Nusantara
    • SUN Energy
    • Trina Solar Co. Ltd.

    Competition centers on project development, module supply and local manufacturing, rooftop installation and financing, with international manufacturers building local production alongside Indonesian developers.

    What Does The Full Report Cover?

    • Historical, current, and forecast market size for the Indonesia solar energy market from 2020 to 2034, in GWh
    • Market breakup by technology, application, and region
    • Regional analysis covering Java, Sumatra, Kalimantan, Sulawesi, and others
    • Key growth drivers, catalysts, and challenges shaping the market
    • Competitive landscape and key player profiles

    Recent News and Developments in the Indonesia Solar Energy Market

    • January 2025: PT Sembcorp Renewables Indonesia and PT PLN Nusantara Renewables commissioned the NSSE solar plant.
    • May 2025: RGE and TotalEnergies signed a co-investment agreement for a solar PV plus battery storage project in Riau Province.
    • June 2025: LONGi and Pertamina NRE launched a 1.6 GW solar panel facility in Deltamas, West Java, and PT Trina Mas Agra Indonesia inaugurated a plant with 1 GW of annual capacity.
    • August 2025: The government unveiled its plan for 100 GW of solar, including 80 GW of distributed systems in village cooperatives.
    • February 2026: The Ministry of Energy and Mineral Resources reported 1.49 GW of cumulative solar capacity at the end of 2025, with about 546 MW added during the year.
    • April 2026: Indonesia’s 2026 rooftop solar quota of 485 MW was fully used, with about 200 MW of demand waiting and authorities preparing up to 500 MW more.

    Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

    Key Questions This Report Answers

    • How big is the solar energy market in Indonesia?
    • What is the future outlook of the solar energy market in Indonesia?
    • What are the key drivers of the Indonesia solar energy market?
    • What is the market breakup by technology, application, and region?
    • How are government policies, rooftop solar, and village programs shaping demand?
    • Who are the key players in the Indonesia solar energy market?

    About Us

    IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

    Media and Sales Contact

    IMARC Group

    Email: sales@imarcgroup.com

    United States: +1-201-971-6302

    India: +91-120-433-0800

    United Kingdom: +44-753-714-6104

    Comments

  • No comments yet.
  • Add a comment