News

Indonesia officially launched its first Carbon Capture and Storage (CCS) project at the end of November. However, experts believe that Indonesia faces significant risks in becoming a hub for carbon storage.

After IDX Carbon launch, Indonesia's trading volume briefly outpaced Japan and Malaysia. However, a British media found little activity over the past 2 months, contrasting the earlier surge.

Indonesian state-owned electricity company, the PLN, has cooperated with five leading international energy corporations for the development t of a green ecosystem in Indonesia.

The largest floating solar farm is Southeast Asia is put into use in West Java on Thursday. President of Indonesia Joko Widodo was at the ceremony and said, “today is a historical day.”

Indonesia’s abundant geothermal resources have attracted Iceland’s attention, as the geothermal power pioneer seeks to partner with the Southeast Asian nation to harness its huge untapped geothermal potential.

Indonesia emerged as one of the world’s strongest markets for IPOs this year. Part of the reasons is the intensive rush to transition from fossil fuels and into green energy.

PLN Nusantara Power and UAE’s Masdar have agreed to develop phase II of the Cirata floating PV power plant in Indonesia by up to 500MW, in a major expansion to the largest FPV plant in Southeast Asia.

Indonesia’s PT Barito Renewables energy Tbk is preparing an IPO on the Indonesian stock exchange, following PT Pertamina Geothermal Energy Tbk, another geothermal operator that entered the market earlier this year.

Indonesia has asked a Chinese carmaker to help it build a homegrown electric vehicle by 2025 or 2026, according to a senior minister.

Southeast Asia is the world's third-largest two-wheeler market. In Indonesia, the biggest ride-hailing service operator Gojek, plans to replace all two-wheelers with electric motorbikes by 2030.