#Geothermal Project
ARCI shares soar 424 percent following recent geothermal expansion
Gold and silver mining company, PT Archi Indonesia (ARCI) have moved fast in expanding its business toward the geothermal energy sector, with its shares soaring by up to 424 percent.
Ardhantara to inject renewable energy assets into Futura Energi Global
Indonesia’s Ardhantara Group, the new controlling shareholder of PT Futura Energi Global (FUTR), plans to inject renewable energy assets into the publicly listed energy firm, including the Gunung Slamet geothermal project currently being developed by its subsidiary PT Sejahtera Alam Energy (SAE).
Groups protest against 11th International Geothermal Convention and Exhibition
Civil Society Coalition staged a protest on Wednesday, September 17, 2025, against the 11th Indonesia International Geothermal Convention and Exhibition (IIGCE) held at the Jakarta Convention Center as a response to the government’s relentless push to develop geothermal energy sources, which they accused of bringing disaster to communities and the environment.
Pertamina-PLN collaborate on 19 geothermal projects for energy transition, security
State energy company PT Pertamina and State electricity company PT PLN have agreed to develop 19 geothermal energy projects with a total capacity of 530 Megawatts (MW) in support of self-sufficiency and accelerating the nation’s transition to clean energy.
Indonesia is strongly committed to net-zero emissions: Rosan
Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM), Rosan Perkasa Roeslani, underscored Indonesia's commitment to achieving net-zero emissions by 2060, with a set of ambitious goals, in particular on energy transition and a government projection that 76 percent of electricity will come from renewable energy sources − geothermal, solar, wind, and hydropower.
Indonesia books US$27.9 billion investment in first semester 2025
Indonesia has booked significant investment of Rp477.7 trillion (US$31.5 billion) in the first semester of 2025, marking an 11.5 percent increase compared to the previous year, which recorded at Rp428.4 trillion (US$27.9 billion).
NTT residents protest water grab for geothermal project
Residents of South Golewa in Flores, East Nusa Tenggara (NTT) held a 1,000-candle vigil against the planned geothermal water extraction project by State electricity company PT PLN, signaling their rejection of any attempt to exploit the sacred Tiwu Bala spring.
Flores residents reject geothermal report, calling it “misleading”
Representatives of local communities from Flores, East Nusa Tenggara (NTT), have voiced rejection of a technical team report commissioned by the NTT Governor in support of geothermal projects in several areas of the province, which they claimed as disconnected from realities and posing threats to the livelihood of indigenous communities.
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.
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).
Prabowo inaugurates Rp25 trillion renewable energy projects across 15 provinces
President Prabowo Subianto launched on Thursday, June 26, 2025 a series of renewable energy (EBT) power plant projects across 15 Indonesian provinces, representing a combined investment of Rp25 trillion (US$1.56 billion) and a major step toward the country's long-term goal of energy self-sufficiency.
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).