Indonesia
Keeping Indonesia’s downstream coal projects afloat will require hefty government subsidies
Air Products’ withdrawal from planned state-linked facilities highlights cost challenges
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.
Indonesia bags $500m loan for energy sector, Green RecoveryÂ
The loan was approved by the Asian Development Bank.
ACWA, PT PLN ink MoU for battery, green hydrogen dev’t in Indonesia
It also includes a pump storage project for a hydroelectricity facility.
Indonesia’s new regulation speeds up energy transitions
The government has issued Presidential Regulation No. 112 of 2022 to limit the coal-fired power plants and gradually reduce coal consumption.
RATCH Group unit buys Eco Energy shares to co-develop hydro project in Indonesia
RH Internationa (Singapore) will now hold a 50% stake in the project.
Indonesia’s energy transition plan to face implementation hurdlesÂ
Indonesia and its international partners agreed to mobilise US$20b in financing.
ADB sees ‘significant progress' in Energy Transition Mechanism
The ETM was launched at COP26 last year.
Indonesia’s PLN enters agreement with Amazon for 210MW solar projects
Amazon committed to off-take the power from the four solar projects.
Indonesia to get $20b under Just Energy Transition Partnership
The country’s plans include peaking the power sector’s total emissions by 2030.
Renewables are now more cost-effective for Indonesians: report
Energy cost-saving is estimated to be worth US$400b-600b to 2050.
Pertamina backs Indonesia’s 2060 net-zero target
Indonesia raised its carbon emission reduction target to 31.89% by 2030.
Adaro Energy net profit jumps 366% YoY in first nine months
This is on the back of the rise in average selling prices.
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