Indonesia obtained a $2bn investment commitment in the renewable energy sector during a business gathering with European companies, according to the Foreign Affairs Ministry, which did not reveal the identity of the investor, the Jakarta Globe reported. The investment was unveiled at the ongoing ...
Part of the very successful series of UBM events on Renewable Energy. MORE Why Exhibit? Discover new solutions to your efficient investment at RENEWABLE ENERGY (RE) AND ENERGY EFFICIENCY (EE) INDONESIA 2019 with thousands of professionals, government representatives, enterprises, distributors, and buye...
Indonesia’s transition to renewable energy is not without challenges. The state utility, Perusahaan Listrik Negara (PLN), estimates a need for approximately $172 billion by 2040 to add 60GW of new renewable capacity and enhance the grid. This includes a $5 billion investment for a smart grid ...
More specifically, issuance of MEMR Decree No. 50/2017 has been deemed unattractive for renewable energy investment. Tariffs, risk allocation, and BOOT (Build, Own, Operate and Transfer) model mandated in the Decree are the main factors making renewable PPAs (Power Purchase Agreements) “unbankabl...
businesses such as these show a way forward. CEIA brings together renewable energy buyers and consolidates a unified voice to the government, whereas Akuo Energy is able to operate off-grid solar panels. This demonstrates a few of the opportunities for patient renewable energy investment in ...
Energy is a 'hot topic' in the world today. The energy push that is driven by the West is also encouraging Indonesia to pursue an energy transition from fossil fuels to renewable energy sources (green energy). However, this certainly is a challenging jou
Coal is the main source of fuel for power plants, accounting for almost 66% of the power generation mix, followed by natural gas and hydro with 13.6% and 7.2%, respectively. The government has blamed a lack of private investment for a failure to meet its renewable energy targets since at...
28 (Xinhua) -- The Indonesian government has set a target of using more renewable energy in an effort to diversify energy sources amid dwindling fossil fuel output. Indonesian Energy and Mineral Resources Minister Ignasius Jonan on Tuesday vowed to achieve 20 percent usage of renewable energy in ...
Indonesia has great potential for geothermal energy but what is blocking the country from tapping this potential? What about solar, wind and hydropower? Chapter 6 - Mining Law of Indonesia; Great Example of Resource Nationalism and the Complex Investment Environment ...
the government also plans to increase national food reserves by paying attention to the availability of various staple food commodities. Furthermore, Indonesia also plans to accelerate investment in developing health architecture, digital infrastructure, renewable energy plants, nickel smelting, electronic ve...