Is Indonesia serious about making a renewable energy transition? A new op-ed argues that it is not, as the government and banks continue to permit and fund electricity sources reliant on fossil fuels. “Will we as citizens remain silent when the government is not serious about carrying out the energy transition agenda?” the writer wonders. […]
Indonesia considers $320 million in incentives to boost EV sales in 2023 – EQ Mag
Indonesia may allocate 5 trillion rupiah ($320.41 million) from next year’s budget to incentivise electric vehicle (EV) purchases, though details of the scheme were still being finalised, a senior minister said. Industry Minister Agus Gumiwang Kartasasmita said buyers could get a discount of 80 million rupiah for EVs made by firms with factories in the […]
Indonesia to offer US$5,000 subsidy on electric car sales – EQ Mag
JAKARTA: Indonesia’s government plans to offer a subsidy of more than US$5,000 on every sale of an electric car, a minister said on Wednesday. It will also offer incentives to encourage purchases of electric motorbikes as well as hybrid cars, Industry Minister Agus Gumiwang Kartasasmita said, as part of plans to reduce carbon emissions in […]
Indonesia to offer $5,000 subsidy on electric car sales – EQ Mag
JAKARTA : Indonesia’s government plans to offer a subsidy of more than $5,000 on every sale of an electric car, a minister said on Wednesday. It will also offer incentives to encourage purchases of electric motorbikes as well as hybrid cars, Industry Minister Agus Gumiwang Kartasasmita said, as part of plans to reduce carbon emissions […]
ADB Supports Development of Science and Technology Parks in Indonesia – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) has approved a loan equivalent of $138.52 million to support a Government of Indonesia strategy to commercialize research and development (R&D) and improve start-up success at four science and technology parks (STPs) in Indonesia. The Promoting Research and Innovation through Modern and Efficient Science and Technology Parks […]
Indonesia says lithium, anode plants are being built to support EV ambitions – EQ Mag
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 […]
ADB, Indonesia Launch Study to Help Future Capital to Be Carbon Neutral – EQ Mag Pro
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 […]
Acwa Power Set to Enter Indonesia with Two Floating Solar Pv Projects – EQ Mag Pro
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 […]
McKinsey supports global industry in driving decarbonization
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 […]
Lenzing looks to the future with green energy in Indonesia – EQ Mag Pro
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. […]