Home Tag "Indonesia"

ADB, European Union, and ASEAN Countries Partner to Boost Green Infrastructure

BRUSSELS, BELGIUM: The European Union (EU) announced today it is preparing to support the Association of Southeast Asian Nations’ (ASEAN) Catalytic Green Finance Facility (ACGF) with €50 million ($54.9 million) to help governments prepare and catalyze public and private financing for climate-friendly infrastructure projects across Southeast Asia. Launched in April 2019 and managed by the […]

Masdar and PLN enter partnership to develop first floating solar power plant in Indonesia

Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. Dr Sultan bin Ahmad Al Jaber, UAE Minister of State and Chairman of Masdar, and Zulkifli Zaini, […]

Indonesia cooperates with Denmark to develop renewable energy sources

Jakarta: The Ministry of Energy and Mineral Resources established a cooperation with the government of Denmark in developing renewable energy resources. Such collaboration was marked by the provision of Danish recommendations to Indonesia through the Regional Energy Outlook in the provinces of South Kalimantan, North Sulawesi, Gorontalo and Riau. “Denmark has provided support for the […]

Indonesia’s profuse green energy may reduce current account deficit

Only after many years did we realize this potential environmentally friendly energy. If we manage it, it will surely be able to curb Indonesia’s current account (deficit). The trade war has made us aware of this potential. Jakarta (ANTARA): Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan is optimistic about Indonesia’s copious green […]

Indonesia Dangles Cheaper Energy to Lure Billions in Investment

Indonesia is touting an abundance of low-cost renewable energy to lure billions of dollars in investment Southeast Asia’s largest economy needs to build processing plants for commodities such as nickel, copper and aluminum. Indonesia is touting an abundance of low-cost renewable energy to lure billions of dollars in investment Southeast Asia’s largest economy needs to […]

ADB, Infrastructure Asia Sign Agreement to Promote Innovative and Green Finance for Sustainable Infrastructure in Southeast Asia

SINGAPORE: The Asian Development Bank (ADB) and Singapore’s Infrastructure Asia today signed a cooperation agreement to help governments in Southeast Asia adopt innovative and green finance approaches to identify and develop bankable and sustainable infrastructure projects in the region, where the annual infrastructure investment needs total $210 billion until 2030. The agreement was signed during […]