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2 weeks ago |
Jakarta, INTI - PT PLN Indonesia Power (PLN IP) and PT Pertamina Geothermal Energy Tbk. (PGE) have signed a Letter of Intent (LoI) regarding the purchase of electricity from two geothermal power plant projects with a combined capacity of 45 megawatts (MW). The LoI covers the development of the 30 MW Ulubelu Binary (Bottoming) Unit in Lampung and the 15 MW Lahendong Binary (Bottoming) Unit in No...
1 month ago |
Jakarta, INTI - PT Pertamina Geothermal Energy Tbk. (PGE) is preparing a data center business pilot project in Kamojang, West Java. This initiative is part of the company's off-grid business development, which is expected to unlock a new revenue stream. President Director of PGE, Ahmad Yani, stated that the study for the project is currently in its final stages, with implementation targeted t...
Jakarta, INTI - PT Barito Renewables Energy Tbk has submitted an offer to acquire Philippine geothermal energy company, Energy Development Corp (EDC), as part of its business expansion plans in the country. It is reported that Barito Renewables has submitted an unsolicited and non-binding indicative offer with an equity value of approximately USD 5 billion (approximately Rp90 trillion) to EDC. ...
Jakarta, INTI - PT Pertamina Geothermal Energy Tbk (PGE) is expanding the use of geothermal energy beyond electricity generation. This is done through direct use development for the industrial and agricultural sectors, as well as green hydrogen production. Expanding Beyond Electricity Generation PGE’s Director of Operations, Andi Joko Nugroho, said that geothermal has wider opportunities tha...