JAKARTA : Indonesia is building a lithium refinery and an anode material production facility to complement its nickel-based battery materials industry, an official said, as it aims to set itself up as a hub for making electric vehicles (EVs). Investors are currently building a lithium hydroxide plant with 60,000 tonnes capacity in the heart of […]
SHARM EL-SHEIKH, EGYPT : The Asian Development Bank (ADB) and the Government of Indonesia today launched a scoping study to map the pathway for the country’s future national capital, Nusantara, to identify, track, neutralize, and reduce carbon emissions. The assistance was announced at an event at COP27 and is aligned with Indonesia’s commitment toward its […]
Saguling and Singkarak projects represent a 110MWac combined capacity and US$105million in investment value Facilities are ACWA Power’s first floating solar PV projects in its 60+asset portfolio Riyadh, Kingdom of Saudi Arabia : ACWA Power Company, a leading Saudi developer, investor, and operator of power generation, water desalination and green hydrogen plants, today announced that […]
At a B20 side event in Indonesia, “Technology and market innovation for decarbonization,” McKinsey’s Martin Santoso laid out the firm’s contributions. On 26 August, the B20 Trade and Investment Task Force, alongside the ICDX Group and the Ministry of Trade of Indonesia, held a side event that focused on the technology and market innovation required […]
Recent transition to green electricity will significantly reduce annual carbon emissions Milestone in the transformation of production capacities to LENZING™ ECOVERO™ and VEOCEL™ branded specialty viscose Purwakarta : The Lenzing Group, a world-leading provider of wood-based specialty fibers, is expanding its global clean electricity portfolio and transitioning its production site in Purwakarta to green electricity. […]
JAKARTA : Indonesia’s PT Indika Energy INDY.JK is considering jointly investing $2 billion with Taiwan-based Foxconn 2317.TW on electric vehicle (EV) manufacturing, batteries and energy storage, a top Indika executive told Reuters on Wednesday. Indika like many energy companies has been diversifying its businesses beyond coal amid a global push to end use of fossil […]
The Indonesia government has recently announced new investments to cultivate its domestic PV industry. Specifically, the government will spend US$4 billion to raise the domestic production capacity for polysilicon. Increasing the availability of this key material is expected to help lower the costs of domestically produced PV modules. According to a related article from Arab […]
Indonesia wants to develop a $4 billion polysilicon industry, which could pave way for the tropical country to produce more solar panels. The government has been in talks with potential investors, who are set to partner with local companies to set up two plants: an $800 million one in Batang, Central Java, and a $3.2 […]
Masdar, Tuas Power, EDF Renewables and PT Indonesia Power have entered a solar MoU They plan to explore the development of 1.2 GW solar power with storage capacity in Indonesia Power generated is proposed to be exported to Singapore as the latter seeks low carbon electricity to meet future energy needs Indonesia could host 1.2 […]
JAKARTA : Indonesia Tuesday began construction of what would become the world’s largest green industrial park in Bulungan district on the country’s second-largest island of Kalimantan. “We hope that this will be the largest green industrial park in the world, not only in North Kalimantan, not only in Indonesia, but in the world,” Indonesian President […]