Sharp to invest $1 billion in solar tech in Indonesia
The Jakarta Post, Jakarta - 20/11/2011
Japanese electronics giant Sharp has sealed a deal at the ASEAN Summit in Bali to invest US$ 1 billion in solar cell technology in Indonesia, according to a top government official.
“Sharp has assessed that our country has been blessed with sunlight throughout the years. This has a great potential that is waiting to be explored,” Energy and Mineral Resources Minister Jero Wacik said on Saturday as quoted by tempointeraktif.com.
Sharp currently has a pilot project in Thailand with 160 hectares of solar cell panels that generate up to 73 megawatts for 23 US cents per kilowatt-hour.
“We’ll discuss the details in upcoming meetings,” he said.