Why is the inverter market growing in Indonesia?

The inverter market in Indonesia has witnessed substantial development owing to the increasing demand for renewable energy sources. As the country aims to diversify its energy mix and reduce reliance on traditional fossil fuels, the adoption of solar and wind energy technologies has surged.

Why do Indonesians need inverters?

This has propelled the demand for inverters, which play a crucial role in converting direct current (DC) generated by solar panels or wind turbines into alternating current (AC) for consumption. The rapid expansion of the renewable energy sector, particularly solar and wind power, is a significant driver in the inverter market in Indonesia.

Who are the key players in Indonesia's inverter market?

Inverters are crucial in renewable energy systems, and key players in Indonesia`s inverter market include PT. Schneider Electric Indonesia and PT. Siemens Indonesia. How does 6Wresearch market report help businesses in making strategic decisions?

Why is Indonesia's electricity sector so inefficient?

As coal-powered electricity generation soared, Indonesia’s electricity sector became inefficient, inflating electricity tariffs for consumers and obstructing renewable energy integration.

Why is inverter availability important for rooftop solar systems in Indonesia?

The availability of inverters in Indonesia that meet applicable standards or certifications is very important to support the progress of rooftop solar systems in Indonesia. Based on the available inverter manufacturers have capacities ranging from <1 kW to 9 kW-10 kW.

Why are Indonesia's energy transition efforts being undermined?

Indonesia’s energy transition efforts are continuously being undermined by policy inconsistencies and missed targets. Despite government regulations setting a limit of coal use at 30 per cent of the total energy mix by 2025, state electricity company Perusahaan Listrik Negara’s (PLN) coal use target was 62 per cent during the same period.