Indonesia Advances Renewable Energy Initiatives
Indonesia Advances Renewable Energy Initiatives
Indonesia Advances Renewable Energy Initiatives
News summary

Indonesia is seeking to raise $14.2 billion in investment to boost its renewable energy capacity to 8.2 gigawatts by 2025, increasing the renewable energy share from 13% to 21%. The country is also developing a supergrid to connect renewable energy sources across its islands, aiming for a renewable energy mix of 82% by 2060. Key projects include a 1680 km transmission line from Sumatra to Java and investments in Kalimantan and Sulawesi, totaling over $7.3 billion. Minister Bahlil Lahadalia emphasized the importance of stability in Chinese investments during the Indonesia-China Energy Forum, highlighting joint opportunities in renewable projects. Furthermore, the Indonesia-Africa Forum aims to enhance partnerships with African nations, particularly in energy and healthcare, with notable agreements expected on geothermal power with Tanzania's Tanesco. These initiatives collectively reflect Indonesia's commitment to energy transition and sustainable development.

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