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1 hour ago |
Jakarta, INTI - The Ministry of Energy and Mineral Resources (ESDM) announced that PT Sarulla Operations Ltd. will make a new investment of approximately USD 270 million to restore the electricity production capacity of the Sarulla geothermal power plant (PLTP). Sarulla Operations Ltd (SOL) is a joint venture or consortium of Medco Power, INPEX Corporation, Ormat International Inc., ITOCHU Cor...
1 week ago |
Jakarta, INTI - Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto stated that the data center industry in Batam has recorded an annual growth rate of 22%, exceeding the national average growth of 19%. The strong expansion is reinforcing Batam's position as an emerging digital economy hub in Indonesia, with continued inflows of global investment into the region. Accord...
Jakarta, INTI - Global demand for electric vehicles (EVs) increases in June 2026. Even though sales in China and North America weakened, increased sales in Europe successfully offset them. This resulted in four consecutive months of growth for global EV sales. Reuters reported that Benchmark Mineral Intelligence (BMI)’s data showed that registrations of battery electric vehicles (BEVs) and plug...
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. ...