#Renewable Energy
Vietnam, Philippines, Indonesia emerging as ASEAN’s future clean energy leaders: EMBER
A new analysis from energy think tank EMBER highlights Vietnam, the Philippines, and Indonesia as key drivers in shaping ASEAN’s clean energy future as the three economies account for nearly 60 percent of the region’s energy demand and emissions and are rapidly transitioning away from coal dependence to become rising hubs for renewable energy investment.
Government probes environmental impact of renewable energy projects after Sumatra floods
The Ministry of Environment/Environmental Control Agency (KLH/BPLH) are reviewing whether large-scale renewable energy projects contributed to the recent catastrophic flooding across Sumatra, with plan to summon company leaders involved for clarifications and gather evidence as part of a preliminary assessment.
PLN, EU & KfW back Indonesia's clean energy with Sumatra & Java pumped storage
State power utility PT PLN is accelerating Indonesia’s clean energy transition through cooperation agreement with the European Union, Germany’s KfW Development Bank, and infrastructure development PT Sarana Multi Infrastruktur (SMI) to develop large-scale renewable pumped storage hydropower projects in North Sumatra and East Java.
TBS Energi Utama allocates US$600 M to speed up transition away from coal by 2030
PT TBS Energi Utama (TOBA) has allocated around US$600 million (Rp10.05 trillion) in capital expenditure until 2030 to fund a portfolio of renewable-energy and green-business projects.
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.
Indonesian fiscal policy still heavy on oil and gas over renewable energy: Study
Indonesia's fiscal policy for the 2020-2025 period is still not preferable toward the development of renewable energy as it has yet to show the linkup between fossil energy sector's income with the funding of renewable energy, concluded a study by Initiative Association.
Indonesia urged to maximize China’s BRI investments for renewable energy transition
Health and Environment Solution provider, Sustain Foundation, has urged the Indonesian government to seize investment opportunities from China’s Belt and Road Initiative (BRI) to accelerate the country’s shift toward renewable energy.
Limited renewable energy supply slows investment in Indonesia’s green data centers
The limited availability of renewable energy is seen as a major obstacle to attracting investors to build green data centers in Indonesia’s industrial zones.
Pertamina NRE pushes global collaboration to address energy transition challenges
Renewable energy subholding of State energy giant Pertamina, Pertamina New & Renewable Energy (Pertamina NRE), emphasizes that cross-sector and cross-country collaboration is essential to build a resilient and sustainable energy ecosystem against challenges of regulatory uncertainty, technological risks, and limited financing.
Government asked to treat coal plant retirement as long-term investment
The government must change its mindset regarding the early retirement of coal-fired power plants (PLTU), which is often viewed as a costly burden, said Atina Rizqiana, a researcher at the Center of Economic and Law Studies (CELIOS).
Indonesia considers nuclear power as key pillar for Net Zero Emissions by 2060
The Ministry of Energy and Mineral Resources (ESDM) is considering nuclear power as a strategic component in the country’s transition to Net Zero Emissions (NZE) by 2060, with nuclear energy being viewed as a critical solution to ensure reliable national electricity supply while supporting decarbonization of the power sector.
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).