BAM International acquires Strukton's stake in tidal bridge project in Indonesia
BAM International bv has announced it will acquire Strukton International’s majority share in the joint venture Tidal Bridge BV, established in 2015 to develop floating power plants that convert tidal energy into electricity.
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Country news
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April 25, 2018
1,000 MW geothermal capacity up for tender in Indonesia
Indonesian state-owned utility PT PLN (Persero) has issued a request for proposals (RFP) for up to 1 GW geothermal projects. Interested parties are invited to submit bids to develop both geothermal steam fields and power plants with at least 5 MW capacity.
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April 23, 2018
MoU signed for US$17.8 billion hydropower project in Indonesia
Power Construction Corporation of China (PowerChina) and PT Indonesia Kayan Hydropower Energy have signed a memorandum of understanding (MoU) to develop a hydropower project with a total investment of US$17.8 billion on the Kayan River in North Kalimantan, a province of Indonesia located on the island of Borneo.
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April 06, 2018
JBIC finances geothermal project in Indonesia
The Japan Bank for International Cooperation (JBIC) has signed a loan agreement with PT Supreme Energy Rantau Dedap (SERD) for project finance amounting up to approximately US$188 million for the Rantau Dedap Geothermal Power Project in Indonesia. SERD is an Indonesian company partially owned by Marubeni Corporation and Tohoku Electric Power Co., Ltd.
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March 22, 2018
IFC and Amundi close US$1.4 billion green bond fund
IFC, a member of the World Bank Group, and Amundi, Europe’s largest asset manager, have announced the successful launch of the world’s largest targeted green bond fund focused on emerging markets, the Amundi Planet Emerging Green One (EGO).
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February 27, 2018
ADB announces US$235 million for renewable projects in South-East Asia
The Asian Development Bank (ADB) has signed a loan equivalent of up with US$235 million to B.Grimm Power Public Company Limited, one of the largest power producers in Thailand, to develop and enhance renewable energy capacity in member countries of the Association of Southeast Asian Nations (ASEAN).
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