Indonesia sees steady rise in renewable energy capacity
Indonesia as an appealing destination for investment in energy transition. It is Southeast Asia’s largest energy consumer and the region’s fourth most populous country. However, the majority of the country's existing power plants still rely on fossil fuels.
Jakarta (VNA) – Indonesia's renewable energy capacity ♓is rising year on year, according to Pandu Patria Sjahrir, Chief Investment Officer (CIO) at the Investment Management Agency Daya Anagata Nusantara (BPI Danantara) of Indonesia.
Speaking at the FT Energy Transition Summit Asia in Jakarta on June 25, Sjahrir noted that this growth has outpaced the country’s GDP and said the renewable energy sector is likely to become the fastest-growing component of the national energy sector.
Sjahrir described Indonesia as an appealing destination for investment in energy transition, citing its position as Southeast Asia’s largest energy consumer and the region’s fourth most populous country. However, he pointed out that the majority of the country's existing power plants still rely on fossil fuels.
He also acknowledged that Indonesia has so far attracted only 10% of global energy transition investment flowing into ASEAN, and 29% of intra-ASEAN capital in the sector.
This, he said, demonstrates significant untapped potential of energy transition investment in Indonesia, particularly through partnerships with local enterprises as investors, as well as by addressing operational and licensing challenges./.
The facility will integrate multiple components, including mining operations, a smelter, high-pressure acid leach (HPAL) processing, and production of precursors and cathodes.
Indonesia aims to start nuclear power generation by 2034, with a government roadmap already in place to develop small modular reactors (SMRs) with capacities ranging from 300 to 500 megawatts.
The Vietnam Trade Office in Singapore urged all Vietnamese firms trading with Singapore to seriously comply with its legal regulations, particularly customs requirements.
The Grandma Island soccer team was about to go to compete for Setokok Island, Batam city. In the middle of the trip, the boat was hit by waves and overturned.
Mexico's Nuevo León leaders underscored the state’s keen interest in partnering with ASEAN – a region known for dynamic economic growth, a young population, an expanding middle class, and a growing role in global supply chains.
Thailand has imposed a comprehensive ban on electronic waste imports as it grapples with a burgeoning e-waste problem. A 2021 report from the Pollution Control Department revealed that the country generates over 400,000 tonnes of domestic electronic waste annually.
Phuket airport authorities said the incident did not affect flights or airport operations, and security personnel are also stepping up surveillance in public areas, with CCTV covering all the airport area.
A participant in the Malaysia Economic Forum 2025 said despite challenges, there are significant opportunities in AI, digital transformation, and green technologies, requiring the country to balance both risk and potential thoughtfully.
Themed “emerging trends in terrorism and violent extremism”, the event drew over 200 participants from domestic and international agencies, discussing the rapid evolution of terrorism and the need for stronger regional and global cooperation.
The package, endorsed on June 24, comprises 481 projects designed to boost GDP by an additional 0.4% and generate temporary employment for about 7.4 million people nationwide.
An Indonesian official emphasised that energy security is extremely essential amid global geopolitical and economic fragmentation, highlighting the need for the energy industry to strengthen resilience and responsiveness in the face of fluctuating oil prices and the shift to clean energy.
ASEAN must deepen collaboration through platforms such as the ASEAN Senior Officials Meeting on Transnational Crime (SOMTC) to ensure regional responses keep pace with the rapidly evolving cyber threat landscape.
Speaking at the launch of the Indonesia Economic Prospects June 2025 edition on June 23 in Jakarta, Turk noted that Indonesia’s gross domestic product (GDP) expanded 4.9% in the first quarter of 2025 compared to the same period last year.
Anti-dumping duties will continue to be imposed on producers from China and Japan while those on relevant exporters from the RoK and Vietnam will be terminated, starting from June 23.
A specialist police unit has acquired a fleet of off-road vehicles to help officers navigate rough, unpaved terrain – and flood waters – to respond more quickly to public security incidents.
The pact covers goods, services, investments, intellectual property rights, customs facilitation, competition policy, sanitary and phytosanitary, trade and sustainable development, government procurement and economic cooperation.
The talent programmes mark another milestone in the technical partnership between PETRONAS and the Energy Institute, which focuses on three pillars: promoting decarbonisation and operational excellence through innovative solutions, enabling informed decision-making with expert advice, and nurturing the next generation of energy professionals.
