The solar energy consumption in Indonesia has gradually increased from 0 Exajoules in 2013 to 0.003 Exajoules in 2023. The year-on-year growth rates show significant jumps, with notable increases of 100% in 2020 and 50% in 2022, followed by stabilization in 2021 and 2023. The Compound Annual Growth Rate (CAGR) for the last five years stands at 24.57%.
Forecasts suggest a steady rise, reaching 0.006 Exajoules by 2028. The future annual growth rate is projected at around 8.45%, translating into a 50% increase from 2024 to 2028.
Future trends to watch for include advancements in solar technology, government policy shifts towards renewable energy, and increased investments in solar infrastructure.
