News
Indonesia
August 13, 2024
Indonesia eases local content requirements to boost renewable energy investment
Following the recent relaxation of local content regulations for power project financing, Indonesia has announced on August 12 a reduction in local content requirements for three types of renewable energy power plants.
July 23, 2024
Indonesia to transform coconuts into sustainable aviation fuel
The world’s second-largest coconut producer Indonesia aims to create new value for coconuts by developing sustainable aviation fuel (SAF), hoping to increase coconut exports amidst global decarbonization efforts.
July 12, 2024
Indonesia to include power wheeling mechanism in renewable energy bill
Indonesian officials revealed they are currently drafting details to include a power wheeling mechanism in the renewable energy bill, allowing electricity sellers to utilize PLN's grid to sell green electricity directly to consumers.
July 02, 2024
Indonesian gold mining firm achieves 100% green energy use for four consecutive years
Indonesian gold mining company Masmindo Dwi Area (MDA) has achieved the goal of using 100% green energy for four consecutive years. This accomplishment is mainly based on Renewable Energy Certificates (REC) issued by the state-owned electricity company PL
June 24, 2024
Pertamina announces $6.2 billion clean energy investment, targets 6 GW by 2029
Indonesia’s state-owned oil company, Pertamina, announced on June 21 that it will invest $6.2 billion over the next five years to expand its renewable energy development.
June 19, 2024
Pupuk Indonesia expands clean ammonia production to meet Japan, Korea's demands
Pupuk Indonesia, an Indonesian state-owned fertilizer company, is dedicated to accelerating their development of clean ammonia products, with a primary focus on adopting the demands of countries like Japan and South Korea.
June 12, 2024
Indonesia sets quotas for rooftop solar deployment to 5.7 GW by 2028
The Indonesian government has announced a national rooftop solar power quota plan, allocating a total of 901 MW for this year in 11 regulated regions, with annual increases planned to reach a total capacity of 5,746 MW within five years.
June 03, 2024
Indonesia turns electricity poles into charging stations to boost EV adoption
Indonesia’s state electricity company (PLN) is converting poles into public EV charging stations. Following success in Jakarta, 2,000 more will be converted this year to boost public confidence in electric vehicles.
May 31, 2024
Abundant solar energy in Indonesia remains unexploited, venture firms say
Indonesia has abundant solar resources. Some venture capital firms believe that Indonesia's photovoltaic potential is underdeveloped and estimate annual demand could reach as high as 36 GW, which is seven times the total investment from 2018 to 2021.
May 30, 2024
Indonesia's new capital attracts water businesses from Japan, Korea, and China
Water infrastructure companies from Japan, South Korea, and China are eager to participate in Indonesia's multibillion-dollar project to build a new capital, with the first phase of the relocation set to begin in August.