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News

Indonesia

October 02, 2023

Indonesia’s Pertamina, BP work on Tangguh CCUS collaboration

Pertamina and BP are exploring a potential collaboration in the carbon capture, utilization, and storage project at the Tangguh natural gas field, which may involve producing blue ammonia.
September 28, 2023

PLN NP, Masdar plan to expand the size of ASEAN’s largest floating solar plant

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.
September 27, 2023

Indonesian geothermal giants prepare IPO successively on local stock exchange

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.
September 26, 2023

Indonesia launches first carbon exchange, traded at price of $4.51 per unit

Indonesia launched its first carbon emissions trading market to curb the climate impact of its coal-dominated power sector.
September 25, 2023

Oil giants bullish on carbon capture projects in Indonesia

ExxonMobil and BP executives expressed optimism about the oil firm’s carbon capture projects in Indonesia, suggesting they provided a solution to the global need to balance emissions reduction and energy security.
September 23, 2023

Pertamina, OIKN join forces to build sustainable energy center to drive green transition

Indonesia’s state-owned oil giant Pertamina and The Nusantara Capital City Authority signed a MoU on the development of the Pertamina Sustainable Energy Center in East Kalimantan Province.
September 21, 2023

Indonesia targets to build homegrown EV by 2025

Indonesia has asked a Chinese carmaker to help it build a homegrown electric vehicle by 2025 or 2026, according to a senior minister.
September 20, 2023

Indonesia’s first carbon trade to run on September 26

Indonesia plans to launch its first carbon trade next week, aiming to provide companies a mechanism to offset their emissions, while offering funding for carbon reduction projects.
September 18, 2023

Indonesia power plant to use green ammonia, green hydrogen as fuel for the first time

The Java 9 and 10 SCR power plant is preparing to become the first hybrid power plant to use green ammonia and green hydrogen in its production process to support net zero.
September 12, 2023

Indonesia's Gojek to replace all two-wheelers with EVs by 2030

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.

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