#Energy Transition
Sembcorp strengthens green vision with solar energy investment in IKN
The development of Indonesia’s new capital city, Nusantara (IKN), as a sustainable forest city is advancing with a strong emphasis not only on rapid physical infrastructure, but also on a sustainable and clean energy foundation.
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.
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.
Sun Energy pushes green mining transition with solar, electrification solutions
Renewable energy developer Sun Energy is strengthening its role in Indonesia’s industrial decarbonization push by rolling out a suite of green mining solutions aimed at reducing emissions, improving energy efficiency and advancing sustainable practices in the extractive sector.
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.
Aspebindo calls for price changes, policy updates for Indonesia's energy goals
The Association of Indonesian Energy, Mineral, and Coal Suppliers (Aspebindo) has called for price adjustments and regulatory reforms to support coal producers and accelerate Indonesia’s energy transition amidst rising production costs, tight margins, and persistent infrastructure gaps.
TBS Energi Utama allocates US$600 M to speed up transition away from coal by 2030
PT TBS Energi Utama (TOBA) has allocated around US$600 million (Rp10.05 trillion) in capital expenditure until 2030 to fund a portfolio of renewable-energy and green-business projects.
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.
Toyota and Pertamina partner to develop a bioethanol ecosystem in Indonesia
Toyota Motor Corporation − via PT Toyota Motor Manufacturing Indonesia (TMMIN) − plans to invest in developing a bioethanol ecosystem in Indonesia through a joint venture (JV) with State energy giant PT Pertamina.
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.