Indonesia becomes a renewable energy hub in Southeast Asia
This article has been translated by PwC Indonesia as part of our Indonesia Infrastructure News Service. PwC Indonesia has not checked the accuracy of, and accepts no responsibility for the content.
Antara News - Indonesia jadi pusat energi terbarukan di Asia Tenggara
14 January 2025
Abu Dhabi (Antara) – Masdar, a clean energy company based in Abu Dhabi, United Arab Emirates (UAE), has recognised Indonesia as the renewable energy hub of Southeast Asia.
Masdar's Chief Operating Officer (COO), Abdulaziz Alobaidli, stated, "Jakarta is our hub in Southeast Asia. We have chosen to establish our office there," during an interview with Antara in Abu Dhabi, UAE, on Tuesday.
Although Masdar aims to expand its investments to neighboring countries, Alobaidli emphasised that Indonesia remains the focal point for renewable energy in Southeast Asia.
"We are also targeting Malaysia and will explore the energy export potential to Singapore, the Philippines, and other markets. However, our starting point is Indonesia, with Jakarta serving as our regional centre," Alobaidli stated.
Masdar is actively participating in several renewable energy projects in Indonesia, such as the CirataFloating Solar Power Plant (PLTS) located in the Cirata Reservoir, West Java.
Additionally, Masdar has received a Letter to Proceed (LtP) for a new renewable energy Public-Private Partnership (PPP) project in Nusantara, East Kalimantan, issued by the Nusantara Capital City Authority (OIKN).
Masdar holds a 15% stake as the majority shareholder in PT Pertamina Geothermal Energy Tbk (PGE).
Masdar is currently conducting feasibility studies to develop wind power plants and hydropower plants utilising a pumped storage system. This system pumps water to a higher reservoir when there is an electricity oversupply.
"Developing wind power plants in Indonesia presents challenges due to the geographical topography, which makes several projects unfeasible. However, we are still exploring opportunities," Alobaidli stated. "As for the pumped storage system, the feasibility study is still ongoing."
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