Indonesia Aims to Woo Chinese Investment in Solar, EV Battery Production

By Li Zengxin, Luo Guoping and Kelly Wang

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Indonesian Vice Foreign Minister Pahala Nugraha Mansury speaks with Caixin at the Indonesian Foreign Ministry on Aug. 22. Photo: Caixin

Indonesia is seeking Chinese investment in the new energy sector and called for joint development efforts, as the mineral-rich nation aims to strengthen its battery and solar photovoltaics (PV) manufacturing capabilities while working towards a green energy transition, according to the Southeast Asian nation’s vice foreign minister.

Indonesia’s lack of PV production capacity has been “one of the bottlenecks for Indonesia to build its renewable capacity,” said Pahala Nugraha Mansury, who was appointed Vice Minister of Foreign Affairs in July 2023. Indonesia welcomes manufacturers in the sector from China, as well as from other countries, he said.

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Explore the story in 30 seconds

Indonesia is seeking Chinese investment to achieve its goal of installing 40 gigawatts of renewable energy capacity by 2031.
Indonesia aims to develop its battery and solar PV manufacturing capabilities, leveraging its resources as the world's largest nickel miner and a major cobalt producer.
While pursuing its green energy transition, Indonesia aims to avoid overreliance on single partners and seeks diversified collaborations, advocating for de-escalation of geopolitical tensions.

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