Indonesian President Prabowo Subianto’s newly established sovereign wealth fund, Danantara, has identified renewable energy as one of its key investment areas. (Photo: Presidential Secretariat of Indonesia)
Indonesia is emerging as a promising destination for energy transition investments. Two of the country’s leading sovereign wealth funds have recently reaffirmed their commitment to scaling up investments in clean energy.
At the same time, the European Chamber of Commerce in Indonesia (EuroCham Indonesia) is advocating for the development of low-carbon fuels such as bioenergy, encouraging local companies to tap into global decarbonization trends to drive export-led industrial growth.
INA, Danantara target nickel processing, clean power, and grid upgrades
At the Energy Transition Forum co-hosted by the Financial Times and Nikkei on June 25, Indonesian Investment Authority (INA) and the newly established sovereign fund Danantara outlined their upcoming investment priorities, naming electric vehicle battery supply chains, solar energy, and grid modernization among key targets.
