#Energy

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PLN Secures 4 Strategic Collaborations to Accelerate Energy Transition at COP 28

PT Perusahaan Listrik Negara (PLN) has successfully secured four significant agreements aimed at expediting the incorporation of renewable energy sources during the United Nations Climate Change Conference, COP 28, held in Dubai, United Arab Emirates over the past weekend.

PGN

IMOC, Real-time and Integrated Digitalization of PGN Services

PT PGN Tbk, a Subholding Gas under Pertamina, is committed to enhancing its responsiveness to customer complaints by implementing various initiatives. One such effort involves the development of tools to monitor business processes and bolster real-time, integrated customer service, exemplified by the Integrated Monitoring Center (IMOC).

JETP

Indonesia and the IPG, formally launched the JETP Investment Plan totaling IDR 333 trillion

The official establishment of the Comprehensive Investment and Policy Plan (CIPP) within the Just Energy Transition Partnership (JETP) marked a significant milestone on Tuesday, November 21, 2023, as the Indonesian government collaborated with the International Partners Group (IPG).

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West Java Provincial Government and Bapeten agrees to cooperate in utilizing nuclear technology within the healthcare sector

The West Java Provincial Government and the Nuclear Energy Regulatory Agency (Bapeten) are collaborating on the use of nuclear technology in the health sector.

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PLN faces difficulty to improve the capacity of solar power generator

The oversupply of electricity makes it difficult for PT Perusahaan Listrik Negara (Persero) (PLN), to increase the capacity of installed solar panels.

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SEG Solar Inc and ATW Group establish solar panel manufacturing industry in Indonesia worth US$ 500 million

US solar power company, SEG Solar Inc. is collaborating with Indonesian company ATW Group with an investment of US$ 500 million (IDR 7.5 trillion) to build a solar panel and module manufacturing industry in the Batang Integrated Industrial Area (KITB), Central Java.

ADB

ADB supports Indonesia's power plant conversion project with JETP funding

The Asian Development Bank (ADB) is providing its support for PT Pembangkit Listrik Negara (PLN) (Persero) in submitting funding for a project to convert a diesel power plant into a gas and steam power plant (PLTGU) through the Just Energy Transition Partnership Investment (JETP) program.

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Indonesia shifts palm oil market focus to Africa amidst EU deforestation regulations

Indonesia, as one of the major global producers of palm oil, is strategically reassessing its export destinations in light of the recent deforestation regulations imposed by the European Parliament. The country is now eyeing Africa as a potential market for its palm oil products, signaling a significant shift in its trade dynamics.

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PGE-Chevron consortium secures tender for Way Ratai geothermal working area in Lampung

PT Pertamina Geothermal Energi (PGE) and PT Jasa Daya Chevron had won the tender for the Way Ratai geothermal working area (WKP) in Lampung.

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Pupuk Kaltim invests US$ 4 billion, builds green ammonia production facility

PT Pupuk Kaltim is planning to construct a green ammonia production facility with an investment value of US$ 4 billion (IDR 60.2 trillion) and a production capacity of 1 million tons per year.

carbon

Carbon trading open for indigenous and social forest

The Indonesian government is currently providing the opportunity for indigenous forest administrator and forests under the Social Forestry management scheme to take part in carbon trading under certain requirements.

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Pertamina Hulu Energi seeks JETP funding to accelerate CCUS implementation in upstream oil and gas sector

Pertamina, through its subsidiary Pertamina Hulu Energi (PHE), is seeking to obtain funding from the Just Energy Transition Partnership (JETP) to accelerate the implementation of carbon capture utilization and storage (CCUS) technology for the upstream oil and gas sector.

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