Indonesia Invites Chinese Investment for 100 GW Solar Power Project

Coordinating Minister for Economic Affairs Airlangga Hartarto has urged Chinese companies to invest in Indonesia's ambitious 100-gigawatt (GW) solar power plant project, a key initiative supporting the nation's energy transition and industrial development. President Prabowo Subianto has set the target for this massive solar infrastructure, aiming to bolster clean energy and downstream industries.

The Minister highlighted the successful collaboration on the Cirata Floating Solar Power Plant as a testament to the potential for Indonesia-China cooperation in renewable energy and emission reduction goals. He noted that Indonesia's existing solar panel industry could be further strengthened to build a more integrated domestic supply chain.

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Indonesia appreciates China's investment participation in the development of the Cirata Floating Solar Power Plant. The project demonstrates the great potential for Indonesia-China cooperation in supporting the energy transition, developing clean energy, and achieving emission reduction targets.

Airlangga conveyed this invitation during a bilateral meeting with China's Minister of Commerce Wang Wentao in Shanghai. The discussions focused on enhancing economic and trade ties, investment, energy transition, and regional cooperation. China is Indonesia's largest trading partner, with bilateral trade reaching $154.6 billion in 2025. Chinese investment is also among the top three foreign direct investments in Indonesia, primarily flowing into processing industries, trade, energy, property, and logistics.

Furthermore, the meeting addressed strengthening cooperation through the "Two Countries Twin Parks" (TCTP) scheme, which has already seen 30 Memoranda of Understanding (MoUs) signed with an estimated investment value of around Rp 37.1 trillion. Minister Hartarto emphasized the importance of converting these MoUs into tangible investment projects and encouraged joint ventures between Indonesian and Chinese businesses to accelerate implementation and ensure concrete economic benefits.

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Various Memoranda of Understanding that have been signed need to be followed up immediately into real investments. We also encourage the establishment of joint ventures so that TCTP cooperation can yield more concrete economic benefits.