Indonesia is undergoing a major shift in its energy sector as solar power becomes a key part of its economic strategy rather than just a sustainability effort. One of the companies driving this transition is Xurya, a solar energy solutions provider backed by ACV Capital. By the end of 2025, the company had completed more than 300 solar projects across the country, reaching over 200 MWp of installed capacity.
This rapid growth comes at a time when Southeast Asia is dealing with rising energy uncertainty. Global geopolitical tensions and unstable fossil fuel prices have increased financial pressure on developing economies. In Indonesia, the government has had to raise energy subsidies to keep electricity prices stable. As a result, many businesses are now turning to solar energy not only to cut emissions but also to ensure stable and predictable energy costs over the long term.
Founded in 2018, Xurya introduced a “zero-capex” rooftop solar model that removes the need for large upfront investment. This has made it easier for commercial and industrial users to adopt solar energy without financial strain. Under this model, the company manages the funding and installation, allowing businesses to use solar power as part of their daily operations. In addition to rooftop systems, Xurya is expanding into hybrid off-grid solutions and Independent Power Producer (IPP) projects to support industries that need a reliable and continuous power supply.
The company is also focusing on improving quality and building local expertise. In 2024, it launched the Solar Academy Indonesia to address the shortage of skilled workers in the solar sector. By the end of 2025, the academy had trained hundreds of professionals in installation safety, system quality, and risk management. This effort is helping ensure that the growth of solar energy in the country is safe and sustainable.
For investors, Xurya’s progress reflects a larger trend where clean energy projects are becoming stable and long-term investment options. As energy security becomes more important for economic stability, renewable energy solutions are gaining attention as reliable infrastructure assets. The company’s steady expansion shows that Indonesia’s solar market is growing stronger, with businesses increasingly seeing solar power as a necessary part of their future operations.
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