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

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

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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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Tesla gets pitch to build “end-to-end” industry in Indonesia from Jokowi

Teslarati

Indonesia’s President Joko “Jokowi” Widodo pitched an end-to-end industry to Tesla. Everything in Indonesia, because that’s very efficient. That’s what I offered,” Indonesia’s President said. Pandjaitan has stated that Indonesia doesn’t want to be just an agent [for Tesla EVs] but also a Tesla producer.

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Tesla gets proposal from Indonesia for EV plant with an annual production capacity of 500k

Teslarati

Indonesia continues to woo Tesla with a proposal for an EV factory with an annual production capacity of 500,000 cars. The Indonesian government has been promoting industrial estates that supply clean energy from renewable sources to foreign companies, like Tesla, that are conscious of their carbon footprint.

Indonesia 145
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Mitsubishi Heavy and Indonesia’s ITB to conduct joint R&D on ammonia-fired power generation by turbine

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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

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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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Nornickel presents market review of nickel and platinum group metals

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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