PGE goes public on Indonesia Stock Exchange

It was able to raise around $593.5m in its initial public offering.

KS Orka’s gradual development model increases geothermal projects success

By implementing this strategy, the company can mitigate the risk of incurring a $5m loss from drilling a single well.

ACWA, PT PLN ink MoU for battery, green hydrogen dev’t in Indonesia

It also includes a pump storage project for a hydroelectricity facility.

Indonesia’s new regulation speeds up energy transitions

The government has issued Presidential Regulation No. 112 of 2022 to limit the coal-fired power plants and gradually reduce coal consumption.

RATCH Group unit buys Eco Energy shares to co-develop hydro project in Indonesia

RH Internationa (Singapore) will now hold a 50% stake in the project.

Indonesia’s energy transition plan to face implementation hurdles 

Indonesia and its international partners agreed to mobilise US$20b in financing.

Indonesia’s PLN enters agreement with Amazon for 210MW solar projects

Amazon committed to off-take the power from the four solar projects.

Indonesia to get $20b under Just Energy Transition Partnership

The country’s plans include peaking the power sector’s total emissions by 2030.

Renewables are now more cost-effective for Indonesians: report

Energy cost-saving is estimated to be worth US$400b-600b to 2050. 

Pertamina backs Indonesia’s 2060 net-zero target

Indonesia raised its carbon emission reduction target to 31.89% by 2030.

Adaro Energy net profit jumps 366% YoY in first nine months

This is on the back of the rise in average selling prices.

Indonesia’s geothermal energy to reach 8.1GW by 2035

It could still meet its 9.3GW target if it is successful in the WKP auctions, amongst others.

Supreme Energy takes a bold initiative to further develop geothermal in Indonesia

It carries out three projects on Sumatra Island, where 91% of its geothermal potential is unexplored.

Indonesia’s Pertamina signs up for hydrogen development

Pertamina is set to produce green and blue hydrogen as part of its clean energy target in 2030.