Indonesia

Indonesia signals it could abandon science-based taxonomy for coal power plants

Last week, Indonesian financial regulators indicated they were considering a place for new coal-fired power plants in the country’s green taxonomy. This appears to be going beyond their plan to recognize, under the green label, targeted coal power plants scheduled for early retirement. The U-turn not only marks a backsliding of the official position displayed early last year but, if implemented, would also relegate Indonesia to the bottom of the pack of global green or sustainable finance taxonomies.

Indonesia’s PLN to support electricity ecosystem development in Tanzania

Tanzania’s electricity firm will carry PLN’s business transformation model.

Geo Dipa, powering up Indonesia’s progress with geothermal innovation

This state-owned enterprise has set a target of 1,000 MW from geothermal power plants by 2060.

JERA’s Indonesia subsidiary begins operations

It will conduct market research and build relationships with stakeholders in Indonesia.

Vena Energy signs framework deal to boost Indonesia’s RE supply chain

This will also boost Vena Energy’s solar-battery hybrid megaproject in Riau Islands.

Indonesia unleashing potential in new and renewable energy

Nine speakers at Jakarta 2023 Asian Power Forum flex government-private sector team-up to power up Indonesia’s energy landscape into the future.

Adaro Energy core earnings up 11% YoY to $538m in Q1

Its net revenue increased by 50% reaching around $1.8b.

Asian Power Forum 2023 comes to Jakarta this May

This will be the second installment of the event series and will be held at Pullman Jakarta - Thamrin.

Pertamina units enter carbon trading cooperation deal

This involves 1.9 million tonnes of equivalent carbon emissions.

Keeping Indonesia’s downstream coal projects afloat will require hefty government subsidies

Air Products’ withdrawal from planned state-linked facilities highlights cost challenges

Indonesia to install 450MW wind power by 2027

The additions could be raised to 550MW if barriers are addressed.

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.