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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

Green Car Congress

trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. By then, the combined share of renewables in electricity supply reaches 74%. trillion under the NZS.

Indonesia 195
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Nornickel presents market review of nickel and platinum group metals

Green Car Congress

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

Market 304
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Pertamina to use Honeywell UOP technologies to produce advanced biofuels in Indonesia

Green Car Congress

PT Pertamina (Persero)—the national oil company of Indonesia—will use Honeywell UOP technologies to produce advanced biofuels at its Plaju and Cilacap refineries in Indonesia. UOP will provide technology licenses, basic engineering, specialty equipment, catalysts and training for the two projects in Indonesia.

Indonesia 243
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Mitsubishi Heavy and Indonesia’s ITB to conduct joint R&D on ammonia-fired power generation by turbine

Green Car Congress

Mitsubishi Heavy Industries, Ltd. MHI) and Indonesia’s Institut Teknologi Bandung (ITB) have agreed to conduct joint research and development of ammonia-fired power generation by gas turbine. MHI and ITB have already been undertaking joint research on a variety of clean energy solutions to help Indonesia achieve decarbonization.

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Pertamina and Eni to collaborate on low-carbon products and renewable energies; Indonesian bio-refinery

Green Car Congress

The parties are willing to discuss collaboration opportunities in low-carbon products and renewable energies development. Finally, Eni and Pertamina will discuss cooperation and business opportunities both in Indonesia and internationally in renewable projects.

Renewable 230
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Gojek, TBS Energi Utama form JV to accelerate the development of Indonesia’s two-wheel electric vehicle ecosystem

Green Car Congress

Gojek, Southeast Asia’s leading mobile on-demand services platform, and PT TBS Energi Utama Tbk (TBS), a leading integrated energy company in Indonesia, have formed a joint venture to accelerate the adoption of electric vehicles (EVs) in Indonesia.

Indonesia 170
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Southeast Asia market will become a competitive place for Chinese and Japanese car companies

Setec Powerr

Europe, the birthplace of the automobile industry, to North America across the Pacific Ocean, has always been the top stage that Chinese car companies hope to step on. However, the Southeast Asian market at home has recently become a new target for many car companies. A large market of 10 million vehicles.

Asia 97