For over 20 years, HPN has been a leader in Oil & Gas and Power Plant Business. We are now paving the way toward a greener energy landscape. Through Green Energy, Green Tech, and Carbon Solutions
For over 20 years, HPN has been a leader in Oil & Gas and Power Plant Business. We are now paving the way toward a greener energy landscape. Through Green Energy, Green Tech, and Carbon Solutions
The renewable energy sector in Indonesia is poised for rapid expansion over the next decade. Driven by government policies and international investment, the market is projected to grow at a compound annual growth rate (CAGR) of 8.4% through 2027, with significant contributions from solar PV, battery storage, and power generation.
By 2028, the sector is expected to reach a value of $4 billion, with the country’s installed renewable capacity targeting 42 GW by 2029. This growth is further supported by Indonesia’s commitment to achieving a 31% renewable energy share by 2050, requiring cumulative investments of up to $2.4 trillion by 2050 to meet its long-term energy goals