Norway eyes carbon credits from Indonesia floating solar projects

Indonesia is reviewing Norway’s interest in buying carbon credits from future floating solar projects.

Indonesia is reviewing a possible scheme under which Norway would buy carbon credits from planned floating solar power projects in the country.

Eniya Listiani Dewi, Director General of New and Renewable Energy and Energy Conservation at Indonesia’s Energy Ministry, said Norway has shown interest in securing the carbon credits before the projects become operational.

She said the Norwegian side has already identified several possible project locations and started early talks with the Indonesian government.

According to Eniya, the carbon credits under discussion are estimated to be priced at 20$–40$ per tonne of CO₂. She said the level is seen as attractive from a financing perspective, but the government is still studying the details.

Indonesia is also reviewing long-term price risks, as some of the floating solar projects may only be completed next year or later. Officials are assessing how any funding from Norway’s purchase of the credits can be used most effectively.

About Alexander Vittrup

Journalist Alexander Christian Vittrup was employed at ScandAsia Magazine and Website for six months from August 2025 until January 2026. Circumstances beyond our control made it possible for us to keep him here also during the six months from February 2026 until July 2026 - making it a full year here.

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