#Energy Transition
Danantara partners with JBIC to accelerate green transition
Indonesia’s sovereign wealth fund, BPI Danantara, has signed a memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC) to jointly finance renewable energy, power transmission, water management, and sustainable digital infrastructure projects across the archipelago.
RI eyes ocean-current powerplant amid 2034 renewable energy expansion plan
The Ministry of Energy and Mineral Resources (ESDM) has revealed Indonesia’s significant potential for marine current energy as part of a broader push toward renewable energy (EBT), seeking to develop up to 40 megawatts (MW) of ocean current-based power plants in the initial phase leading up to 2034.
ASEAN's clean energy goals hampered by vague targets, bureaucratic hurdles: IESR
The Institute for Essential Services Reform (IESR) has raised concerns over Southeast Asia’s transition to clean energy, citing the absence of concrete national targets and complex bureaucracy as major obstacles.
Indonesia eyes nuclear power partnerships with South Korea and Canada
An executive with the Indonesian Chamber of Commerce and Industry (Kadin) has urged the government to pursue nuclear power cooperation with South Korea and Canada, citing geopolitical stability compared to other major nuclear nations like the United States, Russia, and China.
Pertamina NRE-PTPN III develop 3 MW solar power plant in Sei Mangkei SEZ
State energy company PT Pertamina, through its subsidiary Pertamina New and Renewable Energy (NRE), has partnered with State plantation company PT Perkebunan Nusantara (PTPN) III to develop a 3-megawatt (MW) solar power plant (PLTS) in the Sei Mangkei Special Economic Zone (SEZ), North Sumatra.
INPEX reaffirms commitment to Indonesia’s energy transition
Japan oil and gas exploration company INPEX Masela, Ltd. renewed its commitment to supporting Indonesia’s transition toward sustainable energy, a statement made during the Joint Convention 2025 held in Semarang, Central Java on July 1-3, 2025.
BREN launches five geothermal Power projects worth US$364.8 M to boost clean energy
PT Barito Renewables Energy (BREN) has commenced the development of five geothermal power plant (PLTP) projects with a total investment of US$364.8 million (Rp 5.9 trillion), marking a significant step in Indonesia’s clean energy transition.
Danantara-ACWA Power-Pertamina partner in US$10 B green hydrogen, water desalination project
State investment management agency (BPI Danantara) has joined a US$10 billion (Rp162.15 trillion) project spearheaded by Saudi-based ACWA Power Co. and State energy giant PT Pertamina in a combined green hydrogen production and large-scale water desalination project, which represents one of the most ambitious sustainable energy collaborations in Southeast Asia.
Integrated EV battery ecosystem meant to achieve energy independence: Prabowo
President Prabowo Subianto has reaffirmed his administration’s commitment to achieving national energy independence by developing a large-scale, integrated electric vehicle (EV) battery industry ecosystem, emphasizing the need for Indonesia to reach a production capacity of 100 gigawatts (GW) to realize his vision of energy self-sufficiency.
Foreign oil giants eye Indonesia’s geothermal power amid push for green energy
The Ministry of Energy and Mineral Resources (ESDM) has announced a growing interest from global oil drilling companies in investing in the country’s renewable energy sector, particularly geothermal power, with international fossil fuel firms such as Inpex Corporation and Chevron Corporation reportedly eager to participate in the upcoming auction of 10 geothermal working areas (WKP).
Batam named nat’l pilot city for energy transition, building sector decarbonization
The Indonesian city of Batam has been designated a national pilot city for energy transition and energy conservation in the building sector, under the Sustainable Energy Transition in Indonesia (SETI) project.
Danantara-PGE to sign strategic agreements for 3 GW geothermal expansion
Indonesia’s state investment management authority BPI Danantara is preparing to sign a Head of Agreement (HoA) and Memorandum of Understanding (MoU) State energy company PT Pertamina Geothermal Energy (PGE) to accelerate the development of key national projects, with a focus on expanding geothermal energy capacity up to 3 gigawatts (GW).