#Energy
PLN invites private sectors' participation in renewable power plant projects
As part of its goal to reach carbon neutrality by 2060, state-owned electricity company PT PLN invited all shareholders, mainly private sectors, to participate in the development of renewable energy plants.
SESNA, Nickel Mines sign MoU on 200 MWp solar farm in Morowali
Indonesian company PT Sumber Energi Surya Nusantara (SESNA) signed an MoU with Australian company Nickel Mines (NIC) to develop a 200 MWp (megaWatt peak) solar farm project in Morowali Industrial Park in Central Sulawesi. The facility will be equipped with a 20 MWh (megaWatt hours) battery energy storage system.
Government starts biomass, coal co-firing power plant project in East Kalimantan
The Coordinating Ministry for Maritime Affairs and Investment, the Energy and Mineral Resources Ministry, the Environment and Forestry Ministry, the Association of Indonesian Forest Concession Holders (APHI) and the Indonesian Coal Mining Association (APBI) are collaborating on preparing biomass and coal pilot projects. The cooperation was discussed during a visit to the mining company PT Indominco Mandiri reclamation site in Bontang, East Kalimantan, on May 24 and May 25, 2022.
Pertamina International Shipping, Badak NGL develop LNG business
PT Pertamina International Shipping, a subsidiary of state-owned oil-and-gas giant PT Pertamina, partnered with PT Badak Natural Gas Liquefaction (PT Badak LNG) to develop liquefied natural gas (LNG). PIS Acting Corporate Secretary Roberth MV Dumatubun said both companies signed a memorandum of understanding (MoU) on May 24, 2022.
Public Works ministry offers 6.3MW micro-hydroelectric project in West Nusa Tenggara
The Ministry of Public Works and Housing is exploring the market's interest through a public-private partnership scheme to maximize the utilization of dams for electricity. Investors and companies are welcome to participate in the 6.3 MW (megaWatts) Bintang Bano mini hydropower plant in West Sumbawa regency, West Nusa Tenggara.
Indonesia has huge potential in renewable energy despite several bottlenecks
Indonesia has huge investment opportunities for foreign investors in renewable energy including solar, hydroelectric, geothermal and wind energy in various parts of the country. The potential makes an investment in the green energy sector a lucrative opportunity.
Indonesia develops renewable energy, strategic petroleum reserve
Indonesia needs to develop its renewable energy sources and form a Strategic Petroleum Reserve in order to achieve energy autonomy, according to National Energy Council.
This is why oil and gas giants leave Indonesia
PT Medco Energi Internasional Tbk, an Indonesian oil and gas company, announced on March 3, 2022, that it had completed its acquisition of all ConocoPhilips Indonesia Holding Ltd shares from Phillips International Investments. The market value of ConocoPhilips shares is estimated to be US$3.5 billion.
Pertamina Power, HyET Solar partner to manufacture photovoltaic foils in Indonesia
PT Pertamina Power Indonesia (PPI), a subsidiary of state-owned oil-and-gas giant PT Pertamina and Power & New Renewable Energy (Pertamina NRE) Subholding, signed an agreement with HyET Solar Netherlands BV to develop photovoltaic (PV) foils in Indonesia.
Semen Baturaja looks for vendors, suppliers for 20 MW solar power plant
State-owned cement producer PT Semen Baturaja Tbk is seeking foreign vendors and suppliers to provide technology and equipment for its 20 MW (megaWatts) solar power plant in Baturaja, South Sumatra.
Indo Tambangraya Megah seeks bank loans for solar power plant
Mining company PT Indo Tambangraya Megah (ITMG) is developing solar panel power stations in Melak district, West Kutai regency in East Kalimantan, Indonesia.
Kaltimex Energy pursues investors, bank loans for two renewable energy projects
Energy company PT Kaltimex Energy is inviting foreign investors and banks to participate in the financing of its two biomass projects in Indonesia.