GrabCar Elektrik launches in Indonesia
Southeast Asian ride-hailing firm Grab and South Korean automaker Hyundai officially introduced GrabCar Elektrik, Grab’s electric vehicle (EV) service in Jakarta, on Monday. Last December, Grab announced pilot EVs and its EV ecosystem roadmap. It partnered with Hyundai for the cars, and with Astra Honda Motor and Gesits for two-wheeled EV fleets. GrabCar Elektrik will be made […]
How climate-related weather conditions disrupt power plants in Indonesia and affect people
Severe weather conditions triggered by climate change can adversely affect the operation of power plants. Heavy rainfall, heatwaves and lightning can disrupt electricity transmission and distribution networks and cause power outages. A 2019 World Bank report showed natural shocks and climate change caused 44% of power outages in the US between 2000 and 2017 and 37% […]
Study: U.S. biofuels not to blame for Indonesia and Malaysia deforestation
Since 1990, the United States has ramped up its production of biofuels—to about 16 billion gallons of ethanol and 1.6 billion gallons of biodiesel in 2017. At the same time, production of palm oil has increased nearly sixfold, mainly for food production, and with it significant deforestation in Indonesia and Malaysia. That overlap has led […]
Masdar Announces Plans to Develop 145 MW of Floating Solar Projects in Indonesia
Masdar (or the Abu Dhabi Future Energy Company) announced that it had signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), Indonesia’s state electricity company, for a 145 MW floating solar project, the first of its kind in the country. The project, which would also be the UAE-based company’s first floating solar project, will […]
Oil-Rich Family Bets Its Millions on Cleaner Fuel in Indonesia
For much of Juchiro Tampi’s life, black gold from Indonesia’s resource-rich soils powered his family’s business — one of the country’s few privately held petroleum producers. But as prices falter and environmental activism rises, he’s turning from oil to a cleaner energy source: natural gas. Tampi’s firm Sele Raya plans to raise $100 million in an initial public offering of some […]
A $650 million renewable plan in Indonesia eyed by South Korean power entity
A power manufacturer situated in South Korea is looking to fund a hydropower industry scheme in Central Java that would be the purchasers of coal first renewable energy partnership with Indonesia. Korea South Power (KOSPO) is currently going through a practicality study to develop the 230-megawatt (MW) Maung hydropower industry in Banjarnegara, Central Java, having Indonesian […]
Indonesia’s Bumi eyes $1 billion-plus coal gasification plant amid debt settlement
JAKARTA (Reuters) – Indonesia’s PT Bumi Resources (BUMI.JK) is looking into building a coal gasification plant potentially worth more than $1 billion, a director said on Wednesday, noting such a move would support Indonesian plans to reduce its reliance on energy imports. President Joko Widodo’s main economic agenda for his second term in office is […]
HSBC lags as finance cleans up on Asian energy
Last week marked a significant milestone in the financial sector’s ever-increasing rejection of coal, as the world’s largest fund manager BlackRock, with more than US$6.5 trillion assets under management, announced it would drop thermal coal from its actively managed portfolios. It came only days after new figures revealed that 2019 saw US coal power plants shut down […]
