PT Pertamina Geothermal Energy
PGE’s journey of utilizing geothermal energy to produce electricity began in 1974 with the exploration and exploitation activities by Pertamina upon the discovery of 70 geothermal points in Indonesia. In 2006, PGE was established to pass the baton of geothermal energy development and management for the purpose of producing clean energy that is both economically and environmentally friendly.
See below for the Latest PGE News, Analysis, Profit Results, Share Price Information, and Commentary.
PT Pertamina Geothermal Energy Tbk Area Lumut Balai clinches two wins at Asian Power Awards 2024
The geothermal management company’s victory was brought about by its Belanting River Tubing Programme, as well as its integration of green energy and sustainable sources of power into its power plant performance strategy.
PT Pertamina Geothermal Energy Tbk Area Lumut Balai clinches two wins at Asian Power Awards 2024
The geothermal management company’s victory was brought about by its Belanting River Tubing Programme, as well as its integration of green energy and sustainable sources of power into its power plant performance strategy.
Pertamina units enter carbon trading cooperation deal
This involves 1.9 million tonnes of equivalent carbon emissions.
PGE net profit up 49.7% YoY to $127.3m in 2022
Price increases in sales of steam and electricity contributed to the profit growth.
PGE goes public on Indonesia Stock Exchange
It was able to raise around $593.5m in its initial public offering.
Masdar enters geothermal market
The company invested in one of the largest geothermal players globally.
Commentary
Offshore wind power needs Singapore’s expertise as Asia’s reliance on fossil fuels rises