Jakarta, INTI - HSBC China has launched a US$4 billion Sustainability and Transition Credit Facility to support the global expansion of Chinese clean energy companies. Indonesia is one of the primary targets for this financing.
This credit facility is aimed at Chinese companies in the renewable energy, electric transportation, data center, and artificial intelligence (AI) sectors looking to expand their businesses in international markets, including Southeast Asia.
HSBC Indonesia President Director, Stuart Rogers, stated that Indonesia's energy transition funding needs are significant, in line with the country's 2030 climate targets.
"Indonesia's energy transition represents one of the largest clean energy investment opportunities in the region, and the scale of financing required to meet the 2030 targets is significant," Rogers said in an official statement on Thursday, May 28, 2026.
Rogers expressed that HSBC is strategically positioned to connect Indonesia's investment needs with global clean energy companies, including those from China, which possess the technology and financing capacity.
HSBC noted that China currently accounts for approximately 47% of global clean technology exports and dominates global solar panel and battery exports. On the other hand, demand for electric vehicles and data centers is projected to continue to increase in the coming years.
Indonesia’s Funding Needs for Energy Transition
Indonesia is also a potential market due to the significant need for clean energy investment. Based on the Comprehensive Investment and Policy Plan (CIPP) Just Energy Transition Partnership (JETP), Indonesia's energy transition funding needs are estimated to reach US$97 billion by 2030.
Furthermore, the 2025 Electricity Supply Business Plan (RUPTL) targets an additional 42,569 megawatts (MW) of renewable energy capacity by 2034.
HSBC believes this momentum is also strengthened by the development of the ASEAN Power Grid and the implementation of the ASEAN-China Free Trade Area (ACFTA) 3.0 Upgrade Protocol, which expands ASEAN-China cooperation into the green economy and digital economy sectors.
Natalie Blyth, Global Head of Sustainable Finance and Transition at HSBC, said this credit facility is designed to support the international expansion of low-carbon Chinese companies.
"As companies expand internationally, they need financial partners with global reach and expertise to support them," said Blyth.
Through this facility, HSBC will provide additional credit limits, expedite the financing approval process, and offer funding solutions tailored to each company's individual needs.
Conclusion
HSBC China launched a US$4 billion sustainability and transition credit facility to support the global expansion of Chinese clean energy companies, with Indonesia as one of the primary targets for the financing. The fund is aimed at renewable energy, electric vehicles, data centers, and AI sectors seeking to expand their businesses in international markets, particularly Southeast Asia. HSBC believes Indonesia offers significant investment opportunities in clean energy, with the energy transition funding requirement estimated at US$97 billion by 2030.
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