Indonesia
South Korea, Indonesia ink deal for nuclear energy cooperation
South Korea, Indonesia ink deal for nuclear energy cooperation
It was one of the 16 agreements signed by the parties during the ASEAN Summit 2023.
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.
PLN, 3 other firms ink deal to build 70MW wind power plant in Indonesia
These include Total Eren, Adaro Power, and PJBI.
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.
Adaro core earnings surge 140% YoY to $3.01b in 2022
Its revenue hit a record-high $8.1b.
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.