Indonesian state miner completes 20% stake buy in Vale unit for 5.52t rupiah
Indonesia’s state miner Mining Industry Indonesia (Mind Id), formerly known as Inalum, completed its purchase of a 20 percent stake in nickel miner Vale Indonesia, the country’s state-owned enterprises ministry said on Thursday.
Indonesia’s power sector is open for business
Indonesia has traditionally been a country with a challenging investment landscape. The panel acknowledged how constantly changing regulations, exchange rate fluctuations and licensing red tape have thwarted project development.
New ‘green credit’ scheme for consumers to offset carbon emissions from their electricity usage
Consumers may now buy “green credits” through Singapore Power (SP) to offset carbon emissions tied to their electricity usage.
PT Geo Dipa Energi sets ambitious 1,020 MW by 2035 development target in Indonesia
State-owned PT Geo Dipa Energi has set itself an ambitious 1,020 MW by 2035 development targets with expansions of around 400 MW each at Dieng and Patuha and additional projects.
Energy heavyweight Medco books $95m loss in first half
PT Medco Energi Internasional, Indonesia’s second-biggest homegrown oil and gas company, booked a US$95 million loss in the first half of this year, following a collapse in domestic and global energy demand.
Malaysia’s largest floating solar power plant comes onstream
Solar photovoltaic (PV) system specialist Solarvest Holdings Bhd has installed and commissioned a 13-megawatt peak (MWp) large-scale floating solar plant in Dengkil, Selangor, the largest floating solar farm to be commissioned in Malaysia thus far.
Malaysian green bonds should move beyond power projects: Report
RINGGIT sustainable bonds will continue to grow – but issuers also have to expand their offerings, analysts from Maybank Kim Eng said in a recent report.
This year’s geothermal investment in Indonesia lagging behind expectations
With so far $302 million of investment into geothermal development in Indonesia in 2020, this lags behind the 2020 target of US$ 1.05 billion.
