Price: $ 1295
BMI View:We have maintained our 2013 growth forecast for non-hydropower renewables generation in Indonesia as the latest developments will only impact the sector from 2014 onwards. We believe the outlook for solar energy in Indonesia is extremely attractive and have revised up our medium- to long-term forecasts accordingly. That said, we note that the government's latest method of awarding projects via auctions could be a double-edged sword, and could increase the risk of project failure in both the geothermal and solar sectors. We have maintained our 2013 growth forecast for non-hydropower renewable generation in Indonesia of 10.0%. We had initially revised down our forecast in Q113 due to delays in several geothermal projects, and the situation remains largely unchanged at the time of writ ...
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