Clean Energy Projects in Indonesia

Electric Indonesia

Banks and ECAs look to invest in clean energy projects in Indonesia Banks and ECAs are exploring a deeper pipeline of “cleaner energy” deals in Indonesia to reduce the country’s reliance on coal-fired power and re-ignite its stalled pipeline. Indonesia relies heavily on coal-fired power but the country is exploring opportunities in clean energy. Banks…

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Globaltec poised to secure concession

Electric Indonesia

Globaltec to buy 49% in Perak hydroelectric plant Fresh from buying several gas fields in Indonesia, Globaltec Formation Bhd is poised to secure a 21-year concession to sell hydroelectric power from a facility in Perak, sources said. This will be its maiden foray into renewable energy. Globaltec is to acquire a 49% stake in a…

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Indonesia to Start on World’s Biggest Geothermal Plant

Electric Indonesia

Courtesy of Reuters | Posted on The Business Spectator Indonesia will begin construction next month of its long-delayed $1.6-billion Sarulla project, the world’s biggest geothermal power plant, the country’s chief economic minister said on Wednesday. Southeast Asia’s largest economy, home to the world’s largest geothermal resources, is racing to meet power demand growth of more…

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