Jakarta, INTI - The Institute for Essential Services Reform (IESR) and Greenvolt Power Indonesia believe that long-term energy decisions made by businesses will play a critical role in accelerating Indonesia's energy transition and supporting the country's goal of achieving energy independence.
Businesses Seen as Key Drivers of the Energy Transition
The statement was delivered during the Indonesia Solar Summit (ISS) 2026, organized by IESR under the theme "From Ambition to Action: Strengthening the Solar PV Ecosystem to Support Energy Sovereignty."
Bobby Benly, Head of Business Development at Greenvolt Power Indonesia, said that the biggest challenge facing the energy transition today is no longer the availability of technology or financing.
Instead, he emphasized that businesses must stop viewing energy merely as an operational expense or an environmental, social, and governance (ESG) initiative.
"Companies should treat energy as a strategic business asset that enhances operational resilience and creates long-term value. Amid growing geopolitical uncertainty and energy market volatility, energy security has become increasingly important for businesses. Ultimately, corporate energy decisions will be one of the determining factors in Indonesia's journey toward energy independence," he said.
According to data from Indonesia's Ministry of Energy and Mineral Resources (MEMR), the country has an estimated solar energy potential of more than 3,000 gigawatts (GW). However, installed solar power capacity currently stands at only around 1.3 GW, highlighting the significant opportunity for future expansion.
Greenvolt Power Indonesia noted that flexible financing models, including zero capital expenditure (CapEx) and operational expenditure (OpEx) schemes, can make it easier for businesses to adopt solar energy solutions that align with their operational and financial needs.
Collaboration and Policy Certainty Are Essential
Greenvolt Power Indonesia emphasized that accelerating solar energy deployment requires close collaboration among the government, businesses, renewable energy providers, and financial institutions to create a supportive ecosystem that offers regulatory certainty and reduces investment risks.
IESR Chief Executive Officer Fabby Tumiwa stated that investors are looking for clear policies, manageable risks, bankable projects, and sustainable long-term returns before committing capital to renewable energy projects.
According to Fabby, Indonesia's primary challenge is no longer proving its enormous solar energy potential but transforming that potential into commercially viable projects capable of attracting investment.
Greenvolt Power Indonesia also highlighted its five-year presence in Indonesia, where it has partnered with businesses across the hospitality, manufacturing, and retail sectors to accelerate renewable energy adoption while strengthening business resilience and supporting long-term sustainability goals.
Conclusion
Indonesia's transition toward energy independence will require stronger collaboration between the government, businesses, and financial institutions. By expanding solar energy adoption and creating a supportive investment environment, the country can accelerate its renewable energy transition while enhancing long-term economic resilience and sustainability.
Read more: IESR Reveals Indonesia's Floating Solar Power Plant Potential Reaches 77.8 GW