Despite Rempang residents rejecting eviction to develop the Indonesian island into a solar hub tied to a deal exporting clean power to Singapore, authorities have begun house demolitions – some unannounced – under the project's “new phase”.
Cirebon 1’s financial advisor says the model "might not be replicable" nationwide as grid stability costs were overlooked early on and transition credits – being trialled in the Philippines – may not apply. Updates on the pending transaction are expected at COP29.
He dislikes spending climate money, but opportunities could arise where interests align. Observers also hope the private market can pull through if the US disengages.