{"id":8308,"date":"2025-10-07T10:12:32","date_gmt":"2025-10-07T03:12:32","guid":{"rendered":"https:\/\/ligaasuransi.com\/?p=8308"},"modified":"2025-10-07T10:12:32","modified_gmt":"2025-10-07T03:12:32","slug":"estimasi-premi-asuransi-plts-floating-solar-farm-dan-rooftop-di-indonesia-2","status":"publish","type":"post","link":"http:\/\/ligaasuransi.com\/en\/estimasi-premi-asuransi-plts-floating-solar-farm-dan-rooftop-di-indonesia-2\/","title":{"rendered":"Estimated Insurance Premiums for Floating Solar Farms and Rooftops in Indonesia"},"content":{"rendered":"

Solar energy is currently one of the most promising sectors in Indonesia. The government, through its energy transition program toward Net Zero Emissions 2060, is targeting a larger share of renewable energy in the national energy mix. Among various green energy sources, solar power plants (PLTS) are seen as a fast, efficient, and environmentally friendly solution.<\/span><\/p>\n

In line with this trend, floating solar farms and rooftop solar PV projects are growing rapidly. Floating solar farms are built on the surface of reservoirs, lakes, or dams, while rooftop solar is often installed in office buildings, factories, industrial areas, and even homes. This project growth creates both significant business opportunities and challenges, particularly in terms of investment protection.<\/span><\/p>\n

The main questions for investors and project owners are:<\/span><\/p>\n

\u201cHow much does the insurance premium cost for floating solar farms and rooftop solar in Indonesia?\u201d<\/span><\/i><\/p>\n

This article will discuss business opportunities, risks, case studies, types of insurance needed, premium estimates, and the importance of using a professional insurance broker like L&G Insurance Broker. With this understanding, it is hoped that business owners, investors, and stakeholders can make informed decisions to ensure the sustainability of solar energy projects in Indonesia.<\/span><\/p>\n

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Contact L&G Insurance Broker now at<\/b> Phone number<\/b> 08118507773<\/b><\/a> for a free consultation before the risks haunt your business.<\/b><\/p><\/blockquote>\n

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Background & Business Opportunities<\/span><\/h3>\n

Indonesia has a solar energy potential of over 200 GWp, thanks to its equatorial location with high year-round sunlight intensity. This potential has prompted the government to encourage the development of large-scale solar power plants (PLTS) and rooftop solar power plants (PLTS) to meet energy transition targets.<\/span><\/p>\n

The two most dominant models are:<\/b><\/p>\n

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  1. Floating Solar Farms (PLTS Terapung) \u2192 are usually built on reservoirs or lakes. Their advantages include land efficiency, reduced water evaporation, and better panel performance due to lower ambient temperatures.<\/span><\/li>\n
  2. Rooftop Solar PV \u2192 suitable for office buildings, factories, shopping centers, and industrial areas. Besides saving electricity costs, this installation also strengthens the company’s image as an environmentally friendly business.<\/span><\/li>\n<\/ol>\n

    The investment value is substantial. For example, the 145 MW Cirata Floating Solar Power Plant cost over Rp 4 trillion. For rooftop installations, factory installations can cost Rp 8\u201315 million per kWp. If the capacity reaches 1 MW, the cost can reach Rp 10\u201315 billion.<\/span><\/p>\n

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    The high cost of capital makes project insurance a vital necessity. Without proper protection, a single accident or damage could result in billions of rupiah in losses, even rendering a project unbankable in the eyes of investors and financial institutions.<\/span><\/p>\n

    Risks Faced by Floating Solar & Rooftop Solar<\/span><\/h3>\n

    Despite being environmentally friendly, solar energy projects carry complex risks that could threaten the sustainability of the investment.<\/span><\/p>\n

    Floating Solar Farm Risks:<\/span><\/p>\n

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    1. Extreme weather \u2192 strong winds, storms, or high waves that can damage panels, cables, and anchors.<\/span><\/li>\n
    2. Structural damage \u2192 pontoons or floats crack, causing the panels to sink.<\/span><\/li>\n
    3. Environmental disturbances \u2192 sedimentation, moss, or debris that damages the system.<\/span><\/li>\n
    4. Electrical risks \u2192 short circuit due to humidity high.<\/span><\/li>\n<\/ol>\n

      Risiko Rooftop Solar PV:<\/b><\/p>\n

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      1. Fire \u2192 Non-standard electrical installations can trigger fires in panels and buildings.<\/span><\/li>\n
      2. Mechanical damage \u2192 falling objects from a height or strong winds.<\/span><\/li>\n
      3. Panel theft \u2192 rooftop solar is prone to theft because the panels are high value.<\/span><\/li>\n
      4. System failure \u2192 inverter is damaged thus stopping electricity production.<\/span><\/li>\n<\/ol>\n

        Financial & Operational Risks:<\/b><\/p>\n

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        1. Project delays due to force majeure or contractor failure.<\/span><\/li>\n
        2. Business losses due to electricity production downtime.<\/span><\/li>\n
        3. Claims from third parties if the installation causes harm to others.<\/span><\/li>\n<\/ol>\n

          Without insurance, these risks can lead to unexpected financial losses. Insurance not only provides financial compensation but is also a prerequisite for bankable funding, where financial institutions require risk protection before providing financing.<\/span><\/p>\n

          Example of Loss Case<\/span><\/h3>\n

          Some real cases show how important insurance protection is:<\/span><\/p>\n

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          1. Floating Solar Power Plant in India (2022) \u2192 A storm destroyed hundreds of panels, causing over $1 million in damage. The project only recovered thanks to all-risk property insurance.<\/span><\/li>\n
          2. Rooftop Solar in Malaysia (2021) \u2192 A fire caused by a short circuit in an inverter destroyed the entire factory roof. The factory owner experienced three months of downtime and millions of ringgit in losses.<\/span><\/li>\n
          3. Solar power plant projects in Europe \u2192 mass theft of solar panels resulted in huge losses, but marine cargo + property insurance managed to cover the losses.<\/span><\/li>\n<\/ol>\n

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            In Indonesia, although data has not been widely published, similar risks are very likely to occur, especially due to tropical weather factors, high rainfall, and varying installation standards.<\/span><\/p>\n

            These cases serve as a lesson that solar energy investment should not only focus on design and installation, but must also be equipped with comprehensive insurance protection.<\/span><\/p>\n

            Types of Insurance Needed<\/span><\/h3>\n

            To protect floating solar and rooftop solar investments, a combination of several policies is required:<\/span><\/p>\n