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Indonesia: Unlimited sunshine, limited solar plants quota

By , , and 1 Min Read

The long talked-about regulation on rooftop solar is finally seeing the light of day.

In brief

On 29 January 2024, the Minister of Energy and Mineral Resources (“MEMR“) issued MEMR Regulation No. 2 of 2024 on Rooftop Solar That is Connected to the Grid of a Holder of a Business License for Electricity Provision for Public Use (“IUPTLU“) (“Reg. 2/2024“). Reg. 2/2024 became effective on 31 January 2024 and effectively revokes the old MEMR regulation on rooftop solar (i.e., MEMR Regulation No. 26 of 2021 (“Reg. 26/2021“)).

Click here to read the full alert.

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Norman is a foreign legal Consultant in the Finance & Projects practice group of HHP Law Firm. Norman's experience includes cross-border M&A, concession agreements, PSCs, project structuring, EPC contracts and gas/LNG sales agreements.

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Nadia has more than 20 years of experience handling a wide range of finance, projects and corporate transactions, including project development and project financing, as well as acquisition, acting for international and domestic project developers, state-owned enterprises, contractors and lenders.

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Fanny Kurniawan is an Associate Partner in Hadiputranto, Hadinoto & Partners, Jakarta office.

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Marcia Tanudjaja is a Senior Associate in Hadiputranto, Hadinoto & Partners, Jakarta office.

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