#Energy
The Indonesia Investment Authority (INA) allocated IDR 28 trillion of its total investment fund to new renewable energy sector accelerating Indonesia's energy transition
Indonesia Investment Authority (INA), an endowment management institution, stated that it allocated 20% of its total investment allocation to the new renewable energy (EBT) sector.
SKK Migas maps 10-years uncommited LNG trend with 304.6 cargo projection by 2030
Indonesia's Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) is strategically mapping the upward trend of uncommitted liquefied natural gas (LNG) over the next decade.
Indonesia to reveal energy transition plan in November, prior to the COP 28 summit
Indonesia is set to reveal its US$20 billion energy transition investment plan in the coming month, ahead of the UN COP28 climate summit.
Tesla's move to Malaysia shook Indonesia's goal to create comprehensive electric vehicle supply chain ecosystem
Tesla's choice to establish its electric vehicle (EV) car manufacturing operations in Malaysia dealt a significant blow to Indonesia's aspirations of attracting investments to create a comprehensive EV supply chain ecosystem.
Indonesia's clean energy transition exposes coal miners to possible layoffs
Indonesian coal miners are facing the prospect of losing their jobs as the country embraces clean energy, necessitating the early shutdown of coal mines.
Oil and gas firms face mounting financing challenges amid rising environmental concerns
Concerns about the environmental impact of fossil fuels continues grow, oil and gas companies are encountering increasing difficulties in securing financing for their projects. Executives in the oil and gas industry have emphasized the need for these firms to demonstrate a more environmentally friendly energy agenda.
Pertamina Geothermal Energy meet with Turkish power company Energy Holding and SDS Enerji, discusses expansion plan
The CEO of PT Pertamina Geothermal Energy (PGE) Tbk, Julfi Hadi, along with a team led by the Indonesian Ambassador to Turkey, Achmad Rizal Purnama, monitored a collaboration for the development of geothermal energy in Turkey.
PLN and Tebian Electric collaborates to develop and study electrical manufacturing
PT PLN (Persero), has joined forces with China's Tebian Electric Apparatus (TBEA) Co Ltd to explore cooperation in the study and development of electrical manufacturing businesses aimed at accelerating the energy transition in Indonesia.
PLN signs financial support MoU with China Development Bank to accelerate energy transition
Indonesian state-owned electricity company PT PLN (Persero) signed a memorandum of understanding (MoU) with the China Development Bank (CDB) to expedite the energy transition. Under this agreement, CDB reaffirms its commitment to provide financial support for PLN's energy transition initiatives in Indonesia.
China to develop environmentally-friendly biomass technology for ASEAN Nations including Indonesia
China is aiming to develop environmentally-friendly biomass technology to produce biomass for ASEAN countries, including Indonesia. This initiative is led by the Guangzhou Institute of Energy Conversion (GIEC), a part of the Chinese Academy of Sciences (CAS).
PT Chandra Asri Petrochemical Tbk receives certification for bio-based gas products
PT Chandra Asri Petrochemical Tbk (Chandra Asri) has been awarded the International Sustainability and Carbon Certification (ISCC), a globally recognized certificate for producing environmentally friendly products.
Indonesian government to re-auction terminated oil and gas working areas with incentive improvements
The Indonesian government is set to re-auction 49 terminated Oil and Gas Working Areas (WK Migas) that were returned to the state or terminated during the period from 2020 to the first half of 2023.