Indonesia Solar Energy Market Positioned for Strong Growth, Expanding at Double-Digit CAGR Through 2030

Mordor Intelligence’s new study on the “Indonesia Solar Energy Market” presents a thorough evaluation of the market's trajectory, including major trends and outlook.

Introduction

The Indonesia Solar Energy Market reached approximately 532.4 GWh of generation capacity in 2024, according to recent industry estimates. With growing interest from businesses, regulators, and rural communities, the market is expected to expand steadily at a compound annual growth rate of over 10 percent between 2025 and 2030

Indonesia’s archipelagic geography presents unique challenges in electrification-many remote islands remain off-grid. Solar stands out as a sustainable solution to bridge those gaps. Government policies and investment trends are now aligning to support both on‑grid and off‑grid solar deployments across the country.

Indonesia Solar Energy Market Key Trends

Indonesia Solar Energy Market Segmentation

The market can be broken down by connection type, with distinct growth drivers in each category:

By Connection Type

Other Notable Segmentation Factors

Indonesia Solar Energy Market Key Players

The Indonesian solar sector is moderately fragmented, with several domestic and international firms engaged in project development, manufacturing, and EPC services

Prominent companies Include:

These companies are pursuing different strategies including solar project development, local manufacturing partnerships, and rooftop system installations. Firms like Trina Solar and TotalEnergies operate in Indonesia through strategic collaboration and contract projects

At Mordor Intelligence, we go beyond presenting numbers - we deliver intelligence that reveals the evolving dynamics, disruptive technologies, and policy frameworks reshaping global industries. Our insights empower leaders to anticipate challenges, identify opportunities, and make informed decisions with confidence.

Our indonesia solar energy market study provides more than market figures - it offers a holistic perspective on technological advancements, strategic partnerships, and regulatory shifts driving the sector. With this depth of analysis, organizations can capitalize on growth opportunities, navigate disruption, and accelerate their transition toward a sustainable energy future.

Indonesia Solar Energy Market Conclusion

Growth drivers include government targets for renewables, shifting global supply dynamics-especially in solar manufacturing-and rising demand in off-grid and rooftop segments. Although hydropower remains dominant today, solar PV is the fastest-growing renewable technology in Indonesia.