Start of 140 MW with three new geothermal plants in Indonesia pushed to first half of 2021
Effected by the pandemic, geothermal development in Indonesia sees some delay with the addition. of three new plants scheduled for 2020 now being pushed to the first half of 2021. The three plants, Rantau Dedap, Sorik Marapi Unit 2 and Sokoria Unit 1 have a combined capacity of 140 MW.
Economists urge green policies, incentives toward sustainable economy
The government needs to issue fiscal measures such as cutting fossil fuel subsidies and providing renewable energy incentives to slow climate change and to ensure sustainable post-pandemic development of the economy, experts say.
Indonesia to develop circular economy for EVs, boost battery industry
Indonesia intends to adopt a circular model for its up-and-coming electric vehicle (EV) industry — a new industry driven by rising concerns over the climate crisis — and plans to partner with global manufacturing giants to produce EV batteries.
Indonesia shapes royalty exemption for downstream coal
Indonesia’s energy ministry (ESDM) has drafted initial regulations setting out the legal framework for implementing a royalty exemption for coal producers entering into the downstream coal industry.
Energy Ministry appoints new directors for renewables, oil and gas
The Energy and Mineral Resources Ministry has installed two new officials to oversee Indonesia’s renewable energy and oil and gas industries as the country seeks to simultaneously develop clean energy and ramp up oil production.
Power firm holds off expansion, eyes LNG
Aboitiz Power Corp. said is holding off international expansion plans until 2022 but expressed interest to join the bandwagon of local conglomerates in developing liquefied natural gas (LNG) power projects.
Aboitiz to pursue expansion in 3 ASEAN countries
While it was initially hamstrung by the niggling health crisis, Aboitiz Power Corporation indicated that it will still advance its planned investment expansion in the Southeast Asian region – specifically in Vietnam, Indonesia and Myanmar.
Bukit Asam profits dip 44 percent in September amid weak coal demand
State-owned coal miner PT Bukit Asam booked a decline in net profits for the third consecutive quarter as weak coal demand, impacted by the COVID-19 health crisis, continued to take its toll on the company’s finances.
