Indonesia

It will hold a 99.99% stake in the company.

The MOU also includes studying possible conversion to hydrogen, ammonia value chain.

State-run firm’s president succeeded in electrifying 76,900 villages and sub-districts throughout Indonesia.

The new carbon market has as much as 71.95% of carbon credits unsold at the end of 2023.

Barito will hold a 51% stake and ACEN will own a 49% share in the wind assets.

The joint collaboration will cover the enhancement of Indonesia’s fuel value chain.

Annually, the primary energy efficiency achieved by PLN IP is equivalent to IDR52.5b (US$3.36m).

The project will be supported by 600 MW of solar and wind power.

Way Ratai Geothermal Working Area cover 70,710 hectares of geothermal energy.

In November 2022, the Indonesian government and the multi-government International Partners Group (IPG) announced the US$20 billion Indonesia Just Energy Transition Partnership (JETP). Unprecedented in size and scope, it seeks to mobilise public and private sector funds to retire energy assets with high carbon dioxide (CO2) emissions, and accelerate the adoption of clean technology, whilst providing the country with sustainable economic development. But discussions seem to have become stuck on defining transition priorities.

The Singkarak and Saguling floating solar farms have a total capacity of 169 MWp.

The general partnership agreement will use cutting-edge Powership technology.

The company utilised the PLN app, downloaded by 43 million users, to streamline installations and monitor energy consumption efficiently.  

It aims to achieve 44% of renewables share by 2030.

The 145 MW power plant can meet the demand of around 50,000 households.

Plans involve the development of a US$500m green hydrogen plant in Aceh province.