News

A new report released on April 29 by U.S.-based think tank Global Energy Monitor (GEM) highlights a notable shift in the BRICS nations’ energy mix, driven by rapid growth in renewable energy in Brazil, India, and China.

South Korea’s LG Energy Solution (LGES) has withdrawn from Indonesia’s high-profile Project Titan, a move that has sparked renewed debate within the electric vehicle (EV) supply chain industry.

Despite an oversupply of office buildings in Indonesia, demand for low-carbon offices remains strong. The occupancy rate for green office spaces jumped 73.4% in the second half of last year, with rental prices also increasing, according to a report.

Indonesia’s newly established national investment institution, "Danantara," is set to officially launch on Feb. 24. Even before its official start, it has already received promising news.

Despite pledges for greater cooperation, obstacles hinder the rapid expansion of renewable energy investment.

In response to U.S. President Trump’s threat of higher tariffs on Chinese companies, Indonesian battery manufacturers with close ties to Chinese firms are expanding their partnerships with other countries.

Indonesia's state-owned electricity company PLN revealed that the cost of carbon storage is still much higher than setting up renewable energy power plants. However, PLN remains optimistic about the long-term economic benefits.

Indonesia's carbon market officially opened to international buyers on Jan. 20, with over 40,000 tons of carbon dioxide equivalent (CO2e) traded on the first day.

Indonesia will open its carbon credit market to international buyers for the first time on Jan. 20, with 1.7 million carbon credits available for trade. These credits can be purchased by countries as part of their NDCs.

To alleviate the pressure on waste landfills around Jakarta, the Indonesian government is constructing the world’s largest Refuse Derived Fuel (RDF) plant. Once completed in February, the plant is expected to process 2,500 tons of waste daily.