News
Indonesia
September 19, 2024
Virgin Australia becomes first foreign airline to adopt Pertamina’s SAF
Indonesia's aviation industry has recently made significant strides in the field of sustainability. The state-owned oil company Pertamina has supplied sustainable aviation fuel (SAF) for the first time to foreign airlines.
September 16, 2024
Indonesia’s new government targets $65 bln green fund through carbon credit revenues
Indonesia's new government intends to establish a green fund, raising capital through the production and sale of nature-based carbon removal credits to invest in more green projects and achieve a net-zero goal by 2060.
August 27, 2024
Indonesia’s incoming president hopes to implement B50 biodiesel in 2025
To reduce fuel imports and carbon emissions, Indonesia’s incoming president Prabowo Subianto has recently announced that the country will enforce a mandatory B50 biodiesel policy by 2025. This announcement has raised concerns in the industry.
August 26, 2024
Indonesia’s JETP receives $25 million rooftop solar development fund
Indonesia’s Just Energy Transition Partnership (JETP) has finally attracted its first overseas investment. The startup Xurya has secured a $25 million investment from the Norwegian Climate Investment Fund (NCIF).
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.