Jakarta, June 26 -- Indonesia's renewable energy capacity is rising year on year, according to Pandu Patria Sjahrir, Chief Investment Officer (CIO) at the Investment Management Agency Daya Anagata Nusantara (BPI Danantara) of Indonesia.
Speaking at the FT Energy Transition Summit Asia in Jakarta on June 25, Sjahrir noted that this growth has outpaced the country's GDP and said the renewable energy sector is likely to become the fastest-growing component of the national energy sector.
Sjahrir described Indonesia as an appealing destination for investment in energy transition, citing its position as Southeast Asia's largest energy consumer and the region's fourth most populous country. However, he pointed out that the majority of the countr...