#Energy
PAM Mineral aims to raise production target
PT PAM Mineral Tbk has aimed to increase its production target by expanding the exploration of its two mines. The company has targeted its nickel ore sales to 1.5 million tons in 2022, a slight increase from 1.3 million tons in 2021. The 1.5 million tons targeted sales consist of 900,000 tons of high grade nickel ore and 600,000 tons of low grade nickel ore.
Kencana Energi develops renewable energies
PT Kencana Energi Lestari Tbk, the only private energy company in renewable energy (EBT) sector, has aimed to assist the Indonesian government in its mission to achieve net zero emissions by 2060. The company develops a number of renewable energy sources, including hydropower, solar PV (photovoltaic) and biomass.
Citra Tubindo pursues geothermal power plant projects
The biggest and oldest tubular goods producer in Batam, Indonesia, PT Citra Tubindo Tbk focuses on new sources of income from renewable sources, particularly geothermal energy.
Arkora Hydro goes public on IDX, to raise IDR179.77b
Renewable energy firm PT Arkora Hydro Tbk officially listed its shares on the Indonesia Stock Exchange (IDX) trading board, planning for an initial public offering (IPO) through the issuance of 579.9 million new shares. The new shares represented 20% of its capital after the IPO.
Sumber Global Energy works on waste-to-energy project, nickel mining
Mining company PT Sumber Global Energy Tbk is developing a US$69 million waste-to-energy project in West Java. This pilot project's funding will come from bank loans.
Palm kernel shells tested as biomass for PLN's coal-fired power plant
State-owned electricity company PT PLN, through its subsidiary PT Pembangkitan Jawa Bali (PJB), successfully used palm kernel shell biomass as coal replacement (co-firing) at the 2x7 MW (MegaWatts) Tembilahan coal-fired power plant in Indragiri Hilir regency, Riau Province.
Dutch firm Tidal Bridge BV to build 40 MW tidal power plant in East Nusa Tenggara
Tidal Bridge BV, an energy company from the Netherlands, resumes its plan to build a tidal energy power plant integrated with the Pancasila-Palmerah Bridge in Larantuka Strait in East Nusa Tenggara.
Kopetindo, two companies to build wood pellet plant in Bangka Belitung
The Indonesia Renewable Energy Cooperatives (Kopetindo) in cooperation with private companies of PT Biro Teknik Sinar Baru and PT Solusi Energindo Inovasi intend to establish a wood pellet factory in Bangka Belitung Province.
Brantas Energi builds four mini hydropower plants, solar power plant
State-owned company PT Brantas Energi is developing four mini-hydropower plants and one solar power plant in four locations in Indonesia.
United Tractors to develop several renewable energy power plants
Heavy equipment company PT United Tractors (UT) Tbk plans to expand its businesses by developing renewable energy resources.
NELY purchases new vessels, seeks renewable energy diversification
Shipping company PT Pelayaran Nelly Dwi Putri Tbk (NELY) has allocated around IDR200 billion of investments in 2022 to raise the number of its fleet and looks for opportunity in renewable energy sector.
Indonesia develops green energy for new capital city
The Nusantara Capital City (IKN) Authority plans to use green energy of solar power, wind energy and hydropower in the new location of Indonesia's capital.