News

Indonesia emerged as one of the world’s strongest markets for IPOs this year. Part of the reasons is the intensive rush to transition from fossil fuels and into green energy.

PLN Nusantara Power and UAE’s Masdar have agreed to develop phase II of the Cirata floating PV power plant in Indonesia by up to 500MW, in a major expansion to the largest FPV plant in Southeast Asia.

Indonesia’s PT Barito Renewables energy Tbk is preparing an IPO on the Indonesian stock exchange, following PT Pertamina Geothermal Energy Tbk, another geothermal operator that entered the market earlier this year.

Indonesia has asked a Chinese carmaker to help it build a homegrown electric vehicle by 2025 or 2026, according to a senior minister.

Southeast Asia is the world's third-largest two-wheeler market. In Indonesia, the biggest ride-hailing service operator Gojek, plans to replace all two-wheelers with electric motorbikes by 2030.

Indonesia holds significant green energy potential, as President Jokowi notes, aligning with the global shift towards green economies.

China’s electric vehicle manufacturers are planning to penetrate the Indonesian EV market, which boasts untapped potential of over $20 billion according to a latest report. The country’s ambition to become an EV hub and its population of nearly 300 millio

The Green Industrial Transformation Indonesia 2023 brought together local and international brands to showcase the most innovative solutions and advanced technologies in green industries, with a focus on achieving a sustainable future.

PT Kilang Pertamina Internasional aims to modernize refineries and produce eco-friendly energy products for net-zero emissions by 2060.

MAS Holdings, South Asia’s largest garment and textile manufacturer, announced this week that two of its production sites in Central Java, Indonesia, will become the company’s first manufacturing unit to run entirely on renewable energy.