Friday, January 24, 2025

Risks & Opportunities

Risk and opportunities scanning of every sector
Opportunity & Risk
Star Energy Geothermal, a subsidiary of PT Barito Renewables Energy (BREN), is collaborating with global energy technology company SLB to accelerate technology in developing geothermal assets aimed at increasing the efficiency and economy of the company’s geothermal assets. […]
State power utility PT PLN has confirmed its commitment to supporting the 8-percent economic growth target through the development of electricity infrastructure that will cater the needs of industry, new areas development, and remote regions. […]
Koaksi Indonesia, a non-profit organization for sustainable development programs, has issued recommendations that will encourage nickel downstreaming and help contribute to the creation of green jobs. […]
Six major national and regional banks will soon begin construction of their offices in an effort to realize comprehensive banking services in the Core Government Center Area (KIPP) of the Nusantara Capital City (IKN) prior to starting operation in the first quarter of 2026. […]
PT PLN Indonesia Power (PLN IP) has ensured that the 50-Megawatt (MW) Singkarak Floating Solar Power Plant (PLTS) on Lake Singkarak, West Sumatra, will start operating or commissioning on date (COD) in 2027. The PLTS was developed together with ACWA Power, an energy company from Saudi Arabia. […]
State power utility PT PLN (Persero) noted that it has found obstacles in the development of new renewable energy (EBT) in Indonesia due to limited large areas available for the project. […]
Fahri Hamzah, Deputy Minister of Housing and Settlement Areas, reveals that Qatar is committed to building six million homes in Indonesia, a considerable spike from earlier commitment of one million homes. […]
State-owned mining company PT Antam is planning to build a precious metal factory at the Java Integrated Industrial and Ports Estate (JIIPE) in Gresik, East Java as part of the efforts to support downstreaming of mineral industry in Indonesia, while utilizing integrated infrastructure of the industrial estate. […]
The Asian Development Bank (ADB) signed a US$92.6 million (Rp1.5 trillion) financing agreement with PT Supreme Energy Muara Laboh (SEML) for the development of Indonesia’s geothermal power resources. […]
Masdar, a clean energy company from the UAE, has expressed its commitment to increase investment in Indonesia. Abdulaziz said Indonesia would remain a renewable energy hub in the Southeast Asia region, despite having various investments with Indonesia’s neighboring countries. […]
Coordinating Minister for Infrastructure and Regional Development (Menko IPK), Agus Harimurti Yudhoyono (AHY), has revealed the government’s plan to build a US$50 billion (Rp809.5 trillion) giant sea wall on Java Island to protect the island’s coastline from flooding and land subsidence. […]
Grinding balls producer PT Elecmetal Longteng Indonesia is building a US$40 million (Rp600 billion) grinding ball production plant in the Batang Integrated Industrial Area (KITB), Central Java. […]
Indonesia’s state-owned mining holding company, MIND ID, plans to increase the capacity of its smelter grade alumina refinery (SGAR) located in Mempawah, West Kalimantan. […]
Minister of Housing and Settlement Areas, Maruarar Sirait, says that the government has built 40 thousand houses as part of the program to build 3 million houses per year as of Tuesday, January 7, 2025. […]
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, met with top executives of State energy company PT Pertamina, requesting the Balikpapan Refinery Development Master Plan (RDMP) project to be operational in July 2025. […]
The Indonesian Internet Service Providers Association (APJII) and Bersama Digital Data Center (BDDC) officially launched the Second Indonesia Internet Exchange Jakarta (IIX-JK2) at the newest data center facility, JST1 (Jakarta-South-East-1) in East Jakarta. […]
PT Berkah Usaha Muamalah, a business unit of the Nahdlatul Ulama (NU) Muslim organization established to manage 25-26,000 hectares (ha) of mining concession in East Kalimantan, is currently progressing toward exploration permit. […]
PT Pertamina Hulu Rokan (PHR) through the drilling of the Rotan River Downloack-1 exploration well in the PHE Jambi Merang working area (WK) in South Sumatra found oil and gas resources from the Baturaja Formation Limestone. […]
The Smelter Grade Alumina Refinery (SGAR) project, operated by PT Borneo Alumina Indonesia (BAI) as a joint venture between PT Indonesia Asahan Aluminium (Inalum) and PT Aneka Tambang (Antam), is projected to give economic benefits for Mempawah region,  West Kalimantan. […]
The government plans the allocation of funds up to Rp19.5 trillion (US$1.2 billion) to revitalize 9,512 schools. The government hopes good governance and good regulations so that all activities in the school revitalization projects can progress well and accordingly. […]
Minister of Investment and Downstreaming/Head of the Investment Coordinating Board (BKPM) Rosan P. Roeslani meets with Geely Auto Group, an automotive giant in China discussing the development of the domestic electric industry. […]
PT Pertamina Hulu Energi (PHE), an oil and gas upstream subholding of state owned energy company Pertamina, announces the discovery of oil reserves in Padang Pancuran, South Sumatra, as a result of intensive exploration in the last few months. […]
Apple plans to build a factory in Batam, Riau Islands, with an investment of US$1 billion (Rp16 trillion) after its investment plan was approved by President Prabowo Subianto. Apple’s factory in Batam will later produce a tracking device developed by Apple called AirTag. […]
State power utility PT PLN, through PLN Energi Primer Indonesia (PLN EPI), will increase the use of biomass co-firing in coal-fired power plants (PLTU) by means of waste to support environmental sustainability and also open up economic opportunities. […]
PT Pertamina Geothermal Energy (PGE), a subsidiary of State energy company PT Pertamina has embarked on the exploration of several locations to discover new clean energy toward Net Zero Emission (NZE) 2060 target. […]
Inter-island electricity connections through transmission are urgently needed to supply energy, with the government striving to maximize the potential of solar power to hydro power. As of now, Indonesia needs US$20 billion (Rp321 trillion) to build a transmission line connecting the islands. […]
PT Kilang Pertamian Internasional (KPI) is collaborating with PT Gapura Mas Lestari (GML), a used cooking oil exporting company, to meet the raw material needs in the production of bioavtur or sustainable aviation fuel (SAF). […]
PT Daikin Industries Indonesia (DIID), a part of the global Daikin network, has completed the construction of its new air conditioner (AC) manufacturing plant at the Greenland International Industrial Center (GIIC) in Cikarang, West Java on Thursday, December 12, 2024. […]
The Institute for Essential Services Reform (IESR) is optimistic that President Prabowo Subianto administration’s target of completely shutting down all coal-fired power plants (PLTU) by 2040 is attainable. […]
State power utility PT PLN has announced that its floating solar power plant (PLTS) in collaboration with HK based GD Power at the Karangkates Reservoir in East Java will commence operations by 2026. […]