#Clean Energy
Vietnam, Philippines, Indonesia emerging as ASEAN’s future clean energy leaders: EMBER
A new analysis from energy think tank EMBER highlights Vietnam, the Philippines, and Indonesia as key drivers in shaping ASEAN’s clean energy future as the three economies account for nearly 60 percent of the region’s energy demand and emissions and are rapidly transitioning away from coal dependence to become rising hubs for renewable energy investment.
UAE–Indonesia economic ties strengthen with investments exceeding US$14 B
The United Arab Emirates has invested more than US$14 billion (Rp233 trillion) in Indonesia, while bilateral trade has risen 20 percent year-on-year to US$5.5 billion (Rp91.5 trillion) and development cooperation between both nations also amounts to US$260 million, underscoring deepening strategic ties.
Indonesian industries begin energy transition, but coal remains necessary: DBS
Indonesian businesses are increasingly shifting their focus toward cleaner energy sources as part of the national energy transition as companies start to explore alternatives to coal, with natural gas emerging as the most frequently considered option, concluded Bank DBS Indonesia.
PLN, EU & KfW back Indonesia's clean energy with Sumatra & Java pumped storage
State power utility PT PLN is accelerating Indonesia’s clean energy transition through cooperation agreement with the European Union, Germany’s KfW Development Bank, and infrastructure development PT Sarana Multi Infrastruktur (SMI) to develop large-scale renewable pumped storage hydropower projects in North Sumatra and East Java.
ARCI shares soar 424 percent following recent geothermal expansion
Gold and silver mining company, PT Archi Indonesia (ARCI) have moved fast in expanding its business toward the geothermal energy sector, with its shares soaring by up to 424 percent.
Indonesian fiscal policy still heavy on oil and gas over renewable energy: Study
Indonesia's fiscal policy for the 2020-2025 period is still not preferable toward the development of renewable energy as it has yet to show the linkup between fossil energy sector's income with the funding of renewable energy, concluded a study by Initiative Association.
Barito Renewables increases 2025 Capex to US$250M, expediting geothermal expansion
PT Barito Renewables Energy (BREN), a renewable energy company owned by tycoon Prajogo Pangestu, has allocated a capital expenditure (capex) of US$250 million (Rp4.17 trillion) for next year.
SMI allocates Rp26.9 trillion for renewable energy financing
State-owned infrastructure financing company PT Sarana Multi Infrastruktur or PT SMI has disbursed Rp26.9 trillion (US$1.6 billion) in financing for the new and renewable energy sector, making it the second-largest recipient of the firm’s funding commitments.
Indonesia urged to maximize China’s BRI investments for renewable energy transition
Health and Environment Solution provider, Sustain Foundation, has urged the Indonesian government to seize investment opportunities from China’s Belt and Road Initiative (BRI) to accelerate the country’s shift toward renewable energy.
Pertamina NRE pushes global collaboration to address energy transition challenges
Renewable energy subholding of State energy giant Pertamina, Pertamina New & Renewable Energy (Pertamina NRE), emphasizes that cross-sector and cross-country collaboration is essential to build a resilient and sustainable energy ecosystem against challenges of regulatory uncertainty, technological risks, and limited financing.
Government asked to treat coal plant retirement as long-term investment
The government must change its mindset regarding the early retirement of coal-fired power plants (PLTU), which is often viewed as a costly burden, said Atina Rizqiana, a researcher at the Center of Economic and Law Studies (CELIOS).
Bahlil inaugurates two mini-hydro power plants in Eastern Indonesia
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has inaugurated the operation of two mini-hydro power plants (PLTMH) in eastern Indonesia − the Wairara PLTMH in East Sumba, East Nusa Tengara with a capacity of 128 kilowatts (kW) and the Anggi PLTMH in Arfak Mountains, West Papua with 150 kW of capacity.