Coal’s share in Indonesia’s energy mix reaches 64% in 2022
The share of renewables is at 20%.
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.
ADB sees ‘significant progress' in Energy Transition Mechanism
The ETM was launched at COP26 last year.
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.
Gwadar coal power plant: One step forward, two steps back
Ramping up clean energy will help Bangladesh reduce its reliance on imported fossil fuels