The U.S International Development Finance Corporation has approved a USD 126 million loan to finance a 31.4 MW geothermal project in East Java, Indonesia.
The plant is expected to provide electricity to approximately 77,000 households in East Java. The plant utilizes Organic Rankine Cycle (ORC) technology, which is well-suited for low- to medium-temperature geothermal resources like those found in East Java. The ORC system uses a binary fluid, such as pentane or isobutane, which has a lower boiling point than water. This allows the system to generate electricity at lower temperatures compared to traditional steam turbines.
Country updates
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December 11, 2023
Agreement Inked for USD1 billion Green Hydrogen Project in Indonesia
ACWA Power has inked an agreement to develop a green hydrogen facility named Garuda Hidrogen Hijau (GH2) in Indonesia. In partnership with Indonesia's state-owned electricity provider PT Perusahaan L...
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November 07, 2023
MoU signed to offtake over 300 MW of renewable energy from solar farm in Indonesia
Tuas Power has signed an MoU to offtake over 300 MW of renewable energy from a solar farm in Indonesia to Singapore by 2027. Marubeni Global Indonesia (MGI) is set to initiate the construction of sol...
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September 27, 2023
Expansion announced for 145 MW Cirata floating PV power plant in West Java
Abu Dhabi-based Masdar and PLN Nusantara Power, an Indonesian state-owned electricity generator, have agreed to more than triple the size of the Cirata floating PV power plant from 145 MW to 500 MW in...
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September 22, 2023
US$1 billion Plans underway for Pertamina Geothermal to acquire PT Sorik Marapi
Indonesia’s Ministry of Energy and Mineral Resources (ESDM) has confirmed that PT Pertamina Geothermal Energy (PGEO) is preparing for the acquisition of the 240 MW Sorik Marapi Geother...
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August 09, 2023
Vena Energy, partners sign landmark framework agreement for 2 GW solar PV with 8 GWh battery energy storage system in Jakarta
Vena Energy has signed a landmark framework agreement with Suntech, Powin, and REPT Battero to explore opportunities for the establishment of local production lines for components of a hybrid megaproj...
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