Topics: Environmental technology, Recycling

Xurya’s solar systems in Indonesia, South Jakarta. Photo: Xurya Daya Indonesia

Swedfund makes first renewable energy investment in Indonesia

Swedfund, Sweden's development finance institution, has announced an equity investment of USD 10 million in Xurya, an innovative Indonesian solar rooftop company. Xurya enables commercial and industrial companies across the country to adopt solar power with no upfront costs, displacing fossil fuel-based power generation.

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