Prieta Adriana
ABSTRACT
Indonesia was the fourth rank of the world population by 2020 which means this population needs a lot of energy that can be fulfilled from renewable energy. Indonesia has enough potential of solar energy to meet its current and future energy needs. In addition, Jakarta as the capital city and central government of Indonesia has a great potential in application of rooftop solar panel systems in the household, business, industrial and government sectors. The development of solar panel industry in Indonesia is expected to create a green job so that it can overcome unemployment, especially from the vocational high school level which has the highest percentage among other enforced education in Indonesia. The purpose of this study is to calculate the investment analysis which includes Payback Period, Internal Rate of Return (IRR), Net Present Value (NPV), and Profitability Index (PI) of solar panel production acceleration in 5 year period using 3 (three) scenarios, including pessimistic, realistic, and optimistic scenarios. The boundary of this study is to calculate the investment analysis based on the potential capacity of roof top solar panel systems that can be installed from the household, business and industrial sectors in Jakarta. The analysis result shows the NPV has a positive value and IRR is more than the interest rate for all scenarios means that the investment of production acceleration within 5 years is feasible and profitable.
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Index Terms
- An Investment Study in Accelerating Solar Panel Production in Actualizing the Jakarta Solar City Program
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