#Renewable Energy
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).
Gas power expansion in RI’s RUPTL could cost the State US$60 billion: IEEFA
Indonesia’s plan to expand gas-fired power plants in its 2025–2034 Electricity Supply Business Plan (RUPTL) could burden the state with up to US$60 billion in fiscal costs, according to a new analysis from the Institute for Energy Economics and Financial Analysis (IEEFA).
Pertamina NRE-LONGi launch solar panel manufacturing facility to boost energy transition
Indonesia’s energy transition takes a major leap forward as State energy company Pertamina New & Renewable Energy (Pertamina NRE), in partnership with LONGi Green Technology Co., Ltd., launched a solar panel manufacturing project in Deltamas, West Java, on Monday, June 23, 2025.
BREN secures US$121.1 M loan to expand Salak-Darajat geothermal project
PT Barito Renewables Energy (BREN), a renewable energy firm under the control of Indonesian tycoon Prajogo Pangestu, has secured a US$121.1 million (Rp1.99 trillion) loan to fund the expansion of its Salak-Darajat geothermal project through its subsidiaries under the Star Energy Geothermal Group.
Indonesia launches its largest integrated solar panel factory in Kendal
Indonesia inaugurated on Thursday, June 19, 2025 its largest and first integrated solar cell and module manufacturing facility, PT Trina Mas Agra Indonesia (TMAI), located in the Kendal Industrial Park, Central Java.
Pertamina NRE to build solar panel plant, backs RI’s clean energy export to Singapore
A subsidiary of state-owned energy company PT Pertamina, PT Pertamina New & Renewable Energy (Pertamina NRE) has announced plan to build a solar panel manufacturing facility as part of Indonesia’s broader strategy to export clean electricity to Singapore.
Pertamina NRE acquires stake in Philippine energy firm CREC for US$120 million
State-owned energy company subholding, PT Pertamina New & Renewable Energy (Pertamina NRE), has acquired a 20 percent stake in Citicore Renewable Energy Corporation (CREC), a leading renewable energy developer in the Philippines, through a share subscription agreement valued at US$120 million.
Indonesia to launch 1st ocean current power plant, boosting clean energy agenda
Indonesia is taking a major step toward expanding its renewable energy portfolio with the construction of the country's first ocean current power plant (PLTAL).
MedcoEnergi commences first oil lifting from Forel Field in South Natuna Sea
Energy company PT Medco Energi Internasional (MedcoEnergi) has announced the commencement of first oil lifting from the Forel oil and gas field located in the South Natuna Sea Block B, Riau Islands Province, marking a new milestone in Indonesia's upstream energy sector.
RI could unlock US$1.8 billion by reforming renewable energy policies: Report
Indonesia has the potential to generate up to US$1.8 billion in economic benefits by improving its renewable energy policies and accelerating clean energy development, according to a new report from the Asia Clean Energy Coalition (ACEC).